Identity theft is a frightening crime that affects millions of consumers each year. If someone gets your personal information, you want to do everything you can to help safeguard your identity. In some instances, identity theft insurance and monitoring may be worth considering. While the steps involved to react to identity thefts may include several…
Creating a sensible spending plan is one of the best ways a prospective borrower can have a positive impact on their credit score and get approved for a loan — but many people don’t budget their money. According to a Debt.com survey, 31 percent of Americans polled did not follow a budget, despite 97 percent…
Having a good credit score is crucial if you ever hope to be approved for credit cards or loans without sky-high APRs. Ranging from 300–850, the three-digit number proves to lenders and credit card companies that you are a trustworthy borrower who will pay back your debts in full. The higher the number, the higher…
Aside from monitoring your credit score every month, you should make sure to check your credit report at least twice a year for errors or signs of fraud. Fair warning though, a credit report is more difficult to understand than your credit score, which is just a simple number. If you don’t know how to…
The most obvious benefit of a higher credit limit is increased spending power. With access to more credit, you can be more flexible in your spending and may even earn additional rewards like air miles or cashback from your credit card provider. But having a higher credit limit also comes with another important benefit: a…
