Tag "credit scores"
You may wonder why a credit score is important. A good credit score can help you a lot if you decide to borrow money or purchase a home. Lenders will check your credit score to see if you’re fit to do business with them.
Credit is a six-letter word with immense financial implications. In a nutshell, credit is the ability to borrow.
Becoming financially savvy in today’s credit driven world is critically important to your financial success. Understanding how our system of credit works, and how to build a financial well being are tools that will serve you for the rest of your life.
Consumer credit scores are a big deal, but not usually something Americans think about until they need to take out a mortgage, refinance a loan or obtain an automotive loan or other credit. Often, consumers won’t know their credit scores unless there is a problem.
You want to get an auto loan but realize your lack of a solid credit history may stand in the way. Although having established credit is certainly a good way to help you get additional credit, there are some things for you to consider before applying for credit.