Now that you know the answer to the question “Is Equifax a FICO score? “, let me clear the air right away. Nah, they ain’t the same thing. Equifax is a credit bureau that keeps track of your financial history. A FICO score, on the other hand, is a number that is calculated from that … Read more
No homebuyer wants to hear the words, “Mortgage loan denied in underwriting. ” The good news? A denial doesn’t have to be the end of the road for obtaining a mortgage. By understanding the warning signs your mortgage will be denied, you can take the right steps to get your homebuying journey back on track. … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board is made up of financial experts whose job it is to make sure that all of our content is fair and unbiased. Bankrate is always editorially independent. While we adhere to strict , this post may … Read more
There is no limit on how many credit cards you can have. The important thing is not to get into too much debt. Hey there, fam! Let’s chat about a question that’s prob’ly crossed your mind if your wallet’s startin’ to look like a plastic jungle: how many credit cards is too much? Real talk—there … Read more
So, you’re eager to pay off your mortgage early? That’s a great financial goal to set for yourself! Living in a house that you don’t owe any money on is not only very freeing, but it’s also a great way to get rich. If you don’t have to pay for your house, you’ll have a … Read more
No homebuyer wants to hear the words, “Mortgage loan denied in underwriting. ” The good news? A denial doesn’t have to be the end of the road for obtaining a mortgage. By understanding the warning signs your mortgage will be denied, you can take the right steps to get your homebuying journey back on track. … Read more
Your credit utilization ratio is important even if you pay your bills in full. You could have a high credit utilization if your card issuer has already reported your cardâs balance to the credit bureaus prior to your payment. You wont accrue interest on your purchases if you pay your credit card bill in full … Read more
Business owners often need money to start or grow their business. But new businesses, very small businesses, business owners with bad credit, and those who are having trouble with cash flow often have trouble getting funding. Con artists take advantage of business owners’ hopes or desperation and steal money that could be put into the … Read more
Anyone ever look at their credit score on Credit Karma and then see a different number appear somewhere else under the FICO label and wonder, “What’s going on here?” Trust me, I’ve been there. Another app might say you’re rockin’ a 750, but the first one might say you’re sitting pretty at 720. That being … Read more
The Canadian Government says that a credit score is a three-digit number that shows how likely it is that a credit bureau thinks you are to pay your bills on time. 1 It can be an important part of building your financial confidence and security. 1 For example, building a good credit score could help … Read more