Establishing a credit score can take at least six months, according to credit-scoring company FICO®. VantageScore®, another credit-scoring company, says it produces credit scores even sooner. Timing can change based on many factors. But whether youâre building or building from scratch, one thing is constant: Excellent credit scores depend on responsible credit use. Hey there, … Read more
Join us at Gerald and experience a new way to shop for your recurring and essential household needs. Disclaimer: Activation of cash advances requires a portion to be used for buy now, pay later purchases at Geralds store, Cornerstore. Cash advances have no transfer fees, subscription costs, interest, or down payments. Dave is a popular … Read more
Buying a home is one of the biggest purchases you can make. One of the first steps in the process is to get preapproved for a home loan. Mortgage preapproval may seem straightforward, but there are some considerations to be aware of. Most importantly, loan preapproval is not a guarantee. Preapproval means that you’ve met … Read more
Tax can be taxing. Thereâs a lot to keep an eye on and pay. When you pay your taxes every month, do they help your credit score? If you miss a payment, will it hurt your credit score and make it harder to get a loan? Keep reading to learn more about how taxes affect … Read more
A bank levy lets your creditors take money directly from your account rather than going through your creditors. Most creditors have to first sue you and get a court order before they can take money from you. However, the IRS and state child support offices can do this without a court order. Unlike wage garnishment, … Read more
With Fannie Mae’s new credit score rule, co-borrowers will be able to get a loan even if one of them doesn’t have good credit. Heres what you need to know. Fannie Mae is putting in place new rules that will let co-borrowers with different credit scores buy or refinance a home together. In a big … Read more
Hey there, friend! If you’re staring down a mountain of debt—whether it’s a credit card balance that’s haunting ya or a mortgage that feels like a life sentence—I’ve got somethin’ for ya. Let’s talk about a game-changer: makin’ a principal-only payment. What happens when you make a principal-only payment? Well, in short, you slash the … Read more
Hey there! So, you’ve got a 777 credit score, or maybe you’re just curious if that number is any good. Well, lemme tell ya straight up—yes, 777 is a damn good credit score! It’s considered “Very Good” and sometimes even “Excellent,” sitting way above the average. With a score like that, you’re in a sweet … Read more
With interest rates decreasing, many homeowners can refinance and reduce their monthly payments. If you purchased within the past couple of years, current rates are likely lower than when you took out your mortgage. But how much should you save with a refinance to make it worthwhile? Is it worth refinancing to save $50, $100, … Read more
Roughly 66% of cars financed go to borrowers with scores of 661 or higher, but those with lower scores have options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their … Read more