What Credit Score Is Needed to Buy a Car?
If you’re in the market for a vehicle, you could be asking, “What credit score is needed to buy a car?” The average cost to buy a new car in 2022 topped $47,000.1 Used car prices are rising as well. Most people take out loans to pay for cars, and a credit check is...
What Credit Score Do You Start With?
A common myth is that your credit score starts at zero. However, that’s not the case, as the lowest possible FICO® or VantageScore® is 300. If you’ve never had credit, you won’t have a credit score. Once you start using credit, your creditworthiness can be assessed...
Does Refinancing Hurt Your Credit?
Refinancing your debt, such as a mortgage or car loan, can have many benefits. It can free up more cash to save or use for living expenses. However, it can hurt your credit for a few reasons. Before you decide, read on to learn how refinancing a loan affects your...
Your Marriage and Credit Scores
People often wonder whether their credit score will change when they get married. The answer is getting married will not change your individual credit score. But there is a relationship between marriage and credit scores under certain circumstances. Generally, when...
American Credit Guide: How to Get Approved for An Apartment
Submitting a rental application for an apartment requires providing landlords and property managers with a lot of information. Your credit will factor into any decision regarding approval. In 2020, the average renter in the U.S. had a credit score of 638, in an...