credit score

There are plenty of situations where it makes sense for someone to take out a personal loan. Some of the biggest reasons include large purchases like weddings and home improvements, debt consolidation, debt refinancing, and financial challenges during economic uncertainty. CNBC reports that about 22 percent of U.S. adults have taken out a personal loan.¹ […]

Your credit score is one of the most important pieces of your financial profile. A strong credit score and a healthy credit report can open many financial opportunities to you. And a poor credit score can leave you financially frustrated. However, in order to maintain a good credit score, you need to keep an eye […]

Closing your credit cards may sound like a smart financial decision if you’re in debt. After all, if you’ve racked up countless charges on your credit cards, you want to stop yourself before the situation gets even worse. Before you close your debt-heavy accounts, know this: canceling credit cards can actually do more harm than […]

Bad credit is more than just an inconvenience. It can hold you back, making it difficult to manage your finances effectively and affordably. Without access to lines of credit, handling sudden financial setbacks is much more difficult. Whatever credit you can access is likely to be very expensive, causing you to drown in high interest […]