Using a credit card to make purchases can feel like magic. You just swipe your card or tap your phone, and you’ve bought something without handing over any physical money. But where does that money actually come from? This article will explain the behind-the-scenes process of credit card transactions and where the funds originate. How … Read more
Student loan debt is a massive burden for millions of Americans, with outstanding balances exceeding $1.7 trillion nationwide. For many borrowers, the prospect of paying off their loans in full seems impossible This leads some to explore whether it’s possible to negotiate a reduced payoff amount as a settlement Can your student loans be reduced … Read more
Buying a car is an exciting experience. However, it can also be daunting, especially when thinking about the costs involved. One way to reduce the initial financial burden is to get a car loan with no down payment. But what credit score do you need to qualify for a zero down auto loan? Let’s find … Read more
When you have an Apple Card, your credit limit tells you how much you can spend. A higher limit gives you more buying power, while a lower limit limits how much you can spend. So you may be wondering – does Apple automatically increase your credit limit over time? Or do you need to request … Read more
It can be tempting to close credit cards with no balances, especially if you have a bunch of unused cards in your wallet or drawer. But before you make this choice, you should carefully think about how it might affect your credit score and overall finances. In this article, we’ll talk about the pros and … Read more
Your credit score is one of the most important factors lenders consider when reviewing applications for bank loans. In general the higher your credit score the more likely you are to qualify for a loan and get better terms like a lower interest rate. What is the lowest credit score you need to get a … Read more
Your credit score plays an important role when you apply for a car loan. While there is no minimum credit score required by law, most lenders have their own minimum requirements. So is 683 a good credit score to buy a car? Let’s take a closer look. What is a Good Credit Score for Buying … Read more
For loans, credit cards, and other lines of credit, it’s important to have good credit. Lenders use your payment history, amounts owed, credit age, new credit, and other information on your credit report to decide if they want to give you credit. If there is a flag on your credit report, it tells lenders that … Read more
Having a 0 balance on your credit cards can be a good thing but there are also some potential downsides to consider. In this article we’ll take an in-depth look at the pros and cons of having credit cards with 0 balances. The Pros of a 0 Credit Card Balance Here are some of the … Read more
Getting a new car is an exciting experience. But you need to be approved for an auto loan before you can drive that brand-new car off the lot. Your debt-to-income (DTI) ratio is one of the most important things lenders look at. So how do you figure out your DTI for a car loan? In … Read more