How to Improve Your Credit for a Home Loan
With a clean credit report, you can get a better mortgage interest rate. It can also improve your chances of getting a home loan. If your credit isn’t as good as you’d like, it is never too late to take steps to improve it. Here are ways to increase your credit score...
Can I Buy a Car with No Credit?
When you apply for a car loan, a lender will look at your credit history to determine the level of risk and whether you are likely to repay the loan on time. If you haven’t established a credit history, you are likely to be considered a higher risk. Therefore, the...
How to Protect Your Credit Score During COVID-19
The COVID-19 pandemic has impacted the financial security of millions of Americans. A sudden loss of employment, closure of a business, or decrease in wages can leave one wondering how to manage their financial obligations. Many are struggling to pay a mortgage or...
How Long Does Negative Information Stay on Your Credit Report?
The Fair Credit Reporting Act (FCRA) oversees the length of time negative information can stay on your credit report. In most cases, negative details are removed after seven years, while bankruptcies can stay on your report for longer. The different types of negative...