Parents can opt to add their kids as authorized users to establish credit early. Most people think that getting a credit card is the first and most important thing you should do to build credit. Anyone over the age of 18 can hold a credit card, but that doesn’t mean an 18-year-old will be approved … Read more
Removing bankruptcies from your credit report can be tough, but some companies really shine at it. Lexington Law and Credit Saint stand out for their strong legal strategies and proven success. They offer personalized services to help you tackle this serious financial mark and aim to give you a fresh start. Bankruptcies can drastically affect … Read more
People with credit scores between 300 and 850 have good credit. Scores between 670 and 739 are bad. Credit scores of 740 and above are very good while 800 and higher are excellent. Credit scores between 300 and 850 are good, with a score in the mid to high 600s or higher being the best. … Read more
Buying a $400,000 home typically requires a down payment between $12,000 and $20,000, depending on the type of loan you choose. Some people may be able to get loans with no down payment, but others may need to plan for both a down payment and other closing costs. The median U. S. home price has … Read more
People with credit scores between 300 and 850 have good credit. Scores between 670 and 739 are bad. Credit scores of 740 and above are very good while 800 and higher are excellent. Credit scores between 300 and 850 are good, with a score in the mid to high 600s or higher being the best. … Read more
The look of your credit score can be deceiving. If you’re worried you have a low credit score, it may have something to do with which credit reporting agency you’re using. Two of the major credit bureaus are TransUnion® and Equifax®. While both collect and store your credit information, they do so in slightly different … Read more
Mortgages allow consumers to purchase properties and pay for them over time. Each payment you make represents a combination of interest and principal repayment. The amount of interest youll pay depends on your mortgage rate. In any case, a bigger part of your mortgage payment goes toward interest in the beginning of your loan. The … Read more
You can either move the slider or type into the field below to adjust your approximate value. 0 Please provide valid property value What is your best estimate of your propertys value? MORTGAGE BALANCE Please provide valid mortgage balance What is the remaining balance on your existing mortgage? INTEREST RATE Please provide valid interest rate … Read more
Prima is a copywriter at Sallie and Boston University class of 2022 alum with a degree in communications. She transferred schools and switched majors her sophomore year, so she’s familiar with the unpredictable and chaotic college journey. She gives advice based on her own life and helps make the confusing parts of college life a … Read more
One of the most visible indicators of your financial health is your credit score. By analyzing it, lenders know your level of responsibility when using credit. The higher your score, the easier it is for you to get loans or credit. Also, a higher credit score will give a lower interest rate when applying for … Read more