A 702 credit score qualifies as good. According to FICO, a good credit score starts at 670, so you can give yourself a pat on the back if you have a 702 score or thereabouts. You’ll have an easier time landing that mortgage, car loan, or personal loan than if you had a poor or … Read more
Understanding how many credit scores you have can be confusing. Most people think they only have one credit score, but in reality, you likely have dozens or even hundreds of credit scores. This is because there are several factors that contribute to the number of credit scores you have. In this article, we’ll break down … Read more
A bailiff (‘enforcement agent’) may visit your home if you do not pay your debts – such as Council Tax bills, parking fines, court fines and county court, high court or family court judgments. A bailiff may also visit your home for other reasons, for example to serve court documents or give notices and summons. … Read more
Buying a home comes with many new financial responsibilities, including property taxes and homeowners insurance. Escrow accounts are a way for your lender to help you manage these expenses by including them in your mortgage payment. You may use a different kind of escrow account to hold your earnest money deposit when you buy a … Read more
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 website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and … Read more
The best approach to debt repayment depends on your balances, interest rates and financial goals. Prioritizing high-interest debt should save you the most moneyâbut in some cases, it might make more sense to pay off your highest balance first. When it comes to paying off debt, it usually makes the most sense to prioritize high-interest … Read more
Each person is different, and so is your auto loan term. It depends on your personal situation and the amount of money you can borrow. But if you don’t know what loan terms to look for and your credit score isn’t great, here are some ideas. When it comes to car loans, many buyers are … Read more
Aim to spend no more than 10% of your monthly take-home pay on a car payment, but you may have flexibility. The products shown on this page are mostly or entirely from our advertising partners. They pay us when you click on one of their links and then do something on our site. However, this … Read more
Credit cards can be very useful financial tools when used responsibly. However, they can also lead to debt and financial troubles if not managed properly. So is it okay to use a credit card if you pay it off every month? Let’s take a closer look at the pros and cons. The Benefits of Using … Read more
When you retire or plan to retire soon, it might be a good idea to look at your total household debt again. Debt doesnt have to stop your retirement plans, but you might want to consider your overall financial situation and make a plan to get out of debt before you decide to retire. Depending … Read more