What Is a Credit Score? A credit score is a number lenders use to predict how likely you are to repay a debt. It matters because your credit score helps determine whether you qualify for a vehicle loan, mortgage, or even an apartment rental. A higher score signals lower risk and can lead to better loan terms and lower…
There is a lot of misinformation out there when it comes to credit scores. Let’s clear up some common myths and explain what actually matters when it comes to building and maintaining good credit. Checking your own credit hurts your score False. Checking your own credit is a soft inquiry and does not affect your score …
Life gets busy. Long workdays, household responsibilities, and mental fatigue can make budgeting feel overwhelming. However, managing your money doesn’t need to involve complicated tools and budgeting apps. Sometimes the simplest approach, like using a pen and paper, is the most effective. These steps are designed to help you see where your money is going…
Happy New Year! January marks new beginnings and starting the year with clarity. A clear plan can set you up for a stronger financial future. Whether you’re building a budget, saving more, or paying down debt, there are steps you can take to position yourself for success. Step 1: Analyze Your Current Financial Situation Look…
In today’s digital age, convenience comes with caution. While online and mobile banking have made managing your money easier than ever, they’ve also opened new doors for scammers. Banks and credit unions across the country are seeing an increase in social engineering tactics and account takeover attempts targeting…
