Blog

How Repossessions Affect Your Credit

Unlike many other forms of debt, defaulting on your auto loan often puts you at risk of repossession. When faced with repossession, many people start to panic. The idea of losing your vehicle and subsequently ruining your credit seems daunting at best and terrifying...

read more

Does Debt Consolidation Hurt Your Credit Score?

Hard times do happen. With constant economic changes, we see people finding it difficult to pay bills, running into debts. And if you’re in debt, searching for a concrete solution to get out quicker lingers on your mind. In your search for a solution, you may have...

read more

Who are the Three Credit Bureaus?

Whether you're just learning the basics of cultivating your credit score or are a credit health expert, you've likely heard of the three credit bureaus: Equifax, Transunion, and Experian. If you're looking to improve your credit score, take out a loan, or finance a...

read more

What is a Hard Inquiry?

Most people aren’t keen on checking their credit reports. Oftentimes, the rationale behind this is somewhere between the lines of “I feel like checking it will impact my credit score.” However, when you check your credit report and notice the words “Hard Inquiry,”...

read more

Does Filing Bankruptcy Ruin Your Credit?

It is true, most of us have debt; some tend to accumulate a lot more debt than the average person. Often these same individuals may find themselves needing to file for bankruptcy to be able to get the head above water with their finances. What does that mean? What...

read more

How Are Credit Scores Calculated?

What is a Credit Score? Credit scores are numeral models that help lenders determine how likely it is that you will pay back a loan on time. You have many different credit scores including the FICO® and VantageScore. Each of these credit scores use a unique...

read more