Thereâs no specific number of hard inquiries thatâs too many or too few. Although some hard inquiries might hurt your credit scores a little, credit scoring models also ignore many hard inquiries when consumers shop for a new loan. There is no set number of hard inquiries that will hurt your credit score. Your credit … Read more
Depositing large amounts of cash into your bank account can trigger reporting to the IRS. This article explains how much you can deposit before the bank notifies the tax authorities. What is the Cash Deposit Reporting Requirement? It is required by law for US banks and credit unions to report to the IRS any cash … Read more
MarketWatch Guides may receive compensation from companies that appear on this page. The compensation may impact how, where and in what order products appear, but it does not influence the recommendations the editorial team provides. Not all companies, products, or offers were reviewed. Find your best auto loan rate. We at the MarketWatch Guides Team … Read more
There are a few things you should know about getting out of debt, along with how to get real help. Debt is easy to get into—an unexpected medical bill, losing your job, or buying something on the spur of the moment can add up fast. But getting out of debt often feels impossible. Interest rates … Read more
In cities like New York, renters face high housing demand. Tenant screening can often be strict, making tenant blacklisting a growing concern. Many tenants don’t realise that past legal issues or simple misunderstandings can land them on unofficial “do not rent” lists. This can limit their future housing options. Every tenant should know these six … Read more
Credit card debt is nothing new for most Americans. In fact, the “vast majority” of adult Americans have at least one credit card in their wallets and borrowers across the United States owe credit card companies a combined total of more than $1 trillion according to the U. S. Government Accountability Office. As you use … Read more
Now that we’ve defined debt-to-income ratio, let’s figure out what yours means. Generally speaking, a good debt-to-income ratio is anything less than or equal to 36%. Meanwhile, any ratio above 43% is considered too high. The biggest piece of your DTI ratio pie is bound to be your monthly mortgage payment. An important rule from … Read more
The average credit score in the U. S. was 715 in 2024, unchanged from the 715 average in the third quarter (Q3) of 2023. The average credit score was 715 in 2024, according to Experian data. That average, as of the third quarter (Q3) of 2024, is unchanged from the same quarter in 2023. For … Read more
You need a high-net-worth mortgage if you are a wealthy person looking for a big mortgage to buy or refinance real estate. Traditional mortgages fall short and don’t take into consideration the complex financial situations of high-net-worth individuals (HNWIs). This comprehensive guide delves into the intricate world of high-net-worth mortgages, exploring the creative programs available, … Read more
Good debt is debt that you take on to achieve meaningful growth in your personal life or finances, like a mortgage or student loan. Bad debt is relatively expensive debt and debt that someone takes on for unnecessary expenses, like credit card debt. Some people consider any debt to be bad. Others take a more … Read more