Auto Added by WPeMatico
Many factors can affect your chances of getting approved for a new credit account, including your credit score, income and existing debt obligations. Creditors can set their own minimum eligibility and requirements for loans and lines of credit as well. There are a few steps you can take to quickly improve your chances of getting […]
How to Increase Your Chances of Getting Approved for New Credit Read More »
Bank accounts can help you manage your money and keep it safe, but banking activity is not reported to credit bureaus, so it won’t help you build credit. That said, keeping a healthy balance—or an emergency fund on hand—can indirectly help protect your credit by ensuring that unexpected expenses don’t result in missed payments. In
Can You Build Credit With a Bank Account? Read More »
Using a credit card effectively is one of the best ways to build your credit history and achieve a higher credit score. Done right, using your credit card isn’t just a way to conveniently pay for things you need, it’s also an avenue to increasing your creditworthiness and unlocking a range of other affordable borrowing
6 Ways to Build Good Credit With Your First Credit Card Read More »
Not having a credit score isn’t necessarily bad, but it’s not ideal. It can prevent you from qualifying for loans, credit cards and housing and complicate your ability to rent cars and get cellphone and cable subscriptions. Establishing credit as early as possible is a good way to set yourself up for the future. What
Is it Bad to Have No Credit Score? Read More »
