One of the most common questions that come up when it comes to credit monitoring is, “will credit monitoring hurt my credit score?” There are many myths that credit monitoring platforms can hurt your score in a way that is similar to making a hard inquiry. However, this is not the case. The Difference Between…
In today’s digital age, many people have ditched cash for cards. Did you know that when it comes time to make your credit card payments, paying on time and in full could decrease your credit score? Or that you can increase your score by paying at an optimum payment date (hint: it’s not your due…
When shopping for a car, most consumers are well aware that the car dealership will check their credit before moving ahead with a sale. Simply put, the better one’s credit, the lower the rate, and the more choices that person has in vehicles and corresponding loan terms. A higher credit score can mean a lower…
For those working on improving their credit, seeing changes is important. But, how often is a credit score updated and when should you expect to actually see that number budge? As a general rule, expect to see changes within 30 to 45 days; however, when new information is received, credit bureaus recalculate your score immediately….
Over the course of a lifetime, you probably will need to borrow money at least once. Whether it’s to buy a new car, send a kid to college or refurbish your home, you may find yourself a tad confused over what your best options are. A personal line of credit and a personal loan are often referred…
