So a friend or family member comes to you because they can’t get a loan. Their credit score or income might be too low or their existing debt is too high. Whatever the reason, they’ve asked you to cosign a loan with them. What follows are…
If you are one of the many people whose financial situation has been negatively affected by the coronavirus, you may have taken advantage of forbearance or deferment programs from your lender.
If you did take part in one of these programs, what follows are three items you should…
Despite an increase in credit card fraud attempts during the pandemic, only 33% of Americans checked their credit reports in the past year. This represents a drop from 2019, when 39% checked their credit reports, and 37% in 2018, according to credit card comparison website CompareCards.
This is the third…
The credit industry has a few major players: from credit card issuers to lenders to credit bureaus. Knowing your credit rights empowers you to take control of your credit and handle any issues efficiently, the experts at FICO say.
A few major laws that affect your credit life include: the…
You should know what you’re getting into before you get into a vehicle for a test drive. Two things you should know: 1. Your credit score. 2. How your credit score stacks up against others, and how much interest you should expect to pay on a vehicle loan. No…