You may already know that your credit score is mostly based on how well you’ve paid back loans and credit cards in the past. But according to the Consumer Financial Protection Bureau (CFPB), paying your utilities, rent and cell phone bills could also be a factor. When it comes to credit scoring, those types of … Read more
Taking out a mortgage is likely to lower your credit score, at least in the short term. How much your score drops depends on various factors, including credit history, but a new LendingTree study suggests getting a mortgage doesn’t significantly impact your credit score. Specifically, the study shows credit scores are unlikely to fall by … Read more
If you donât pay a debt, it can be sent to collections. If you don’t pay, your credit score will go down, and you could lose your property or have your wages or bank account seized. There are ways to deal with debt that will help you avoid more stress: you can file Chapter 7 … Read more
A 10-year ARM has an introductory interest rate for the first 10 years. Once thats over, the rate adjusts every six months. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are … Read more
Average auto loan interest rates can provide an idea of what APR to expect for your auto loan. 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 does not influence … Read more
If you want to buy your first home, you should learn how mortgage deposits work. This includes how much you need to save and the rules for gifted deposits. Mortgages are generally available at up to 95% loan-to-value (LTV), meaning its possible to get on the property ladder with a deposit of 5% of the … Read more
The advice in this article is offered by the team independent of any bank or credit card issuer. This article might have content from our partners, and there are rules that apply to any deals that you click on or link to from this page. as of posting date, but offers mentioned may have expired. … Read more
Navigating the mortgage labyrinth can feel like a high-stakes game of chess. Youre keen to make your move towards homeownership, but what you say to your lender could tip the scales in or out of your favour. Ever wondered if theres a little too much sharing going on during those meetings?. Securing a mortgage is … Read more
When you finance a car, you take out a loan for anywhere between two and five years. But while you’re still paying off the finance on your existing car, you may be casting a casual eye on a newer one. Or you simply want to return the car early. As part of the sales process, … Read more
The advice in this article is offered by the team independent of any bank or credit card issuer. This article might have content from our partners, and there are rules that apply to any deals that you click on or link to from this page. as of posting date, but offers mentioned may have expired. … Read more