People tend to either be anxious about their credit rating and obsess about it or have no clue as to what their score is. Both can be dangerous as it is important to have an idea of what your rating is, but you also need to know that there are always ways to improve it […]
A credit score is simply a three-digit number. It allows banks or financial institutions or other lenders to gauge the financial strength of their borrowers. It also enables them to guess if the borrower has the ability to pay back the loan at its accrued interest within the stipulated time. For example, if you have […]
There are numerous reasons why you need to borrow money. For those with a high credit score, you may not have difficulty in acquiring a low-interest rate loan. However, a bad credit rating makes it quite challenging to qualify for such loans. The picture below shows the credit ratings and their interpretations. Since it can […]
You can accomplish any task even personal finance with the right equipment and know-hows. Computer applications excel in simplifying the most complex tasks. Why not use one of many financing apps to help you pay off your debts? First, you have to consider what kind of debts that need your fiscal attention. Whether they’re housing, […]
Any defaults on your loans, most usually student loans, car loans or mortgages should be fixed as soon as possible. The damage to your credit score due to these mistakes is huge and remains on file for up to seven years, preventing you from getting the best from your finances. This includes taking on personal […]
