What Is Your Debt-to-Income Ratio?

If you're applying for a mortgage loan, an auto loan, or even just a regular personal loan, lenders will be looking at your DTI to see whether or not you can afford it.

Posted on: May 03, 2019


Will Closing a Credit Card Affect Your Credit Score?

It might seem odd, but closing a credit card can actually hurt your score, especially if it's one of your oldest cards and/or carries a high credit limit.

Posted on: April 10, 2019


Checking Your Credit vs. Checking Your Ability to Repay

If you have bad credit, then you have to be on the lookout for predatory lenders, so start looking for lenders who check your ability to repay the money you're borrowing.

Posted on: March 20, 2019


How to Raise Your Credit Score by 100 Points

The two most important parts of your score are your payment history and your amounts owed, so those are great places to start.

Posted on: March 14, 2019


Loans With No Credit Check Sound Great; Here Are the Risks

It’s all about finding the right loan for you ... and also avoiding the many no credit check loans out there that could trap you in a predatory cycle of debt.

Posted on: March 14, 2019


How Will a Cash Advance Loan Affect Your Credit?

One of the many annoying things about cash advances is that they can't help your score, but they can definitely hurt it.

Posted on: February 20, 2019


What’s The Most Important Part of Your Credit Score?

There are five different categories that make up your credit score, and one of them makes up over one-third of your score all by itself.

Posted on: February 18, 2019


Should You Use an Installment Loan to Pay Off Your Credit Cards?

Consolidating all of your credit card debt into a single installment loan will likely save you money, but it'll probably mean larger monthly payments.

Posted on: February 11, 2019


Will a Bad Credit Loan Impact Your Credit Score?

The impact that a bad credit loan could potentially have on your score will depend on what kind of loan you've taken out.

Posted on: January 24, 2019


A Brief History of Credit Cards

Diners Club cards weren't the first type of credit card, but they were the first to find success on a large scale—even though their inventor wrote them off as a "fad."

Posted on: January 14, 2019