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
Have you decided that buying a car is not the best option for you and you’re going to check out car auto/leasing instead? Leasing does have some important advantages over buying but it’s not the only alternative (car subscriptions are becoming increasingly popular, more about that later) and, besides, there are some good reasons not … Read more
Payday loans are often advertised as quick ways to get money for emergencies, but some lenders take advantage of people who are weak. Eloanwarehouse is one such company that, while not technically a scam, operates in ways that can leave you financially crippled. We’ll talk about why you shouldn’t get a payday loan from Eloanwarehouse, … Read more
Its an age-old question we receive, and to answer it requires that we start with the basics: What is the definition of a credit score, anyway?. Generally speaking, a credit score is a three-digit number ranging from 300 to 850. Credit scores are calculated using information in your credit report. Your payment history, the amount … Read more
Some things that can help you improve your credit score are paying your bills on time, using authorized users, fixing mistakes on your credit report, and paying your credit card bills more than once a month. Many, or all, of the products featured on this page are from our advertising partners who compensate us when … Read more
Theres not a one-size-fits-all solution for the number of credit cards a person should own. However, its generally a good idea to have two or three active credit card accounts, in addition to other types of credit such as student loans, an auto loan or a mortgage. Just remember: The number of credit cards you … Read more
The current high inflation rate in the US has led to steadily increasing home mortgage rates, from around 3% in 2021 up to 7% in July 2023. There are different reasons to refinance a mortgage, but many people who are buying a home are planning to do so when interest rates on their mortgages drop … Read more
People think that having a black card is the height of luxury and status when it comes to credit cards. But how rich do you have to be to join the exclusive black card club? Let’s take a closer look. What Is a Black Card? A “black card” is a type of credit card that … Read more
If you plan to buy a home in the coming year, taking steps now to spruce up your credit profile can increase your chances of qualifying for a mortgage and reduce the amount of interest youll be charged on the loan. Buying a house is an exciting milestone in life. However poor credit can derail … Read more
Taking out a loan is a big financial decision. Getting cash quickly might help for a short time, but loans have fees and interest that must be paid back on time. A lot of people who take out loans want to pay them off as quickly as possible to avoid paying more interest. People often … Read more