Whether youve asked for a switch or the card moves to a new issuer, long-term credit score damage isnt likely. Many or all of the products on this page come from partners who pay us when you click on their links or do something on their websites. This doesn’t change how we rate or review … Read more
Spotloans are a type of short-term, high-interest loan that can help you get cash quickly in an emergency. They may seem like an easy way out, but if you don’t make your payments on time, they can quickly get out of hand. So what really happens if you don’t pay back your Spotloan? Let’s find … Read more
If an item on your credit report was recently deleted, you might be surprised if you received notice that the item had been reinserted in your credit file. A deleted item could reappear on your credit report for a couple reasons. Read on to find out how this might happen and what you can do … Read more
A home equity loan is a type of consumer debt that allows homeowners to borrow against the equity in their homes. After you apply, your lender will send you a credit agreement to sign and return. At this point, you have three days to reconsider and cancel the loan. If you decide to back out, … Read more
Buying a home is an exciting milestone in life. However, navigating the homebuying process can feel overwhelming, especially when it comes to credit scores. You may be wondering, “Is a 678 credit score good enough to buy a house?” The short answer is – it depends. A credit score of 678 is considered good, but … Read more
Paying off debt early is generally a good thing. That includes car loans. But itâs worth understanding how paying off debt earlier than planned might affect your credit. It may seem backward, but paying off a car loan early could hurt your credit. But how exactly it could affect your scores depends, in part, on … Read more
Not all credit scores are FICO Scores. For over 25 years, FICO Scores have been the industry standard for determining a persons credit risk. Many lenders use FICO Scores to make faster, fairer, and more accurate lending decisions. Other credit scores can be very different from FICO Scores—sometimes by as much as 100 points!. Is … Read more
Federal student loan payments have officially started back. And maybe you’re already struggling to cover your payment every month. Unfortunately, ignoring your student loans will only make things way worse. Just a few things you can expect: being reported to credit agencies, late fees and payments being taken straight out of your paycheck. You could … Read more
Your address doesn’t have an effect on your credit score, but you should be aware of any wrong information about you that shows up on your credit report. The appearance of a truly unfamiliar address on your credit report could be a sign of identity theft. However, just because you havent lived at an address … Read more
Your car loan term is the length of time you have to repay the loan. The average car loan term is close to six years, but a wide range of terms are available. The products shown on this page are mostly or entirely from our advertising partners. They pay us when you click on one … Read more
