With the average credit card interest rate at just over 14.5% in the US, making purchases or borrowing on plastic can be expensive. But if your annual percentage rate (APR) goes above average — bearing in mind that rates above 20% are possible — borrowing can quickly spiral out of control. Unmanaged credit card debt…
In 2020 we experienced the biggest economic contraction in history followed by economic growth at a staggering 7.4% from July to September. More than 20 million Americans lost their jobs, yet the stock market hit a record high. Confused? Even the experts are scratching their heads. And it’s making many consider their next move carefully. When…
Disappointment aside, it is better to ask why your credit score is low than to not know your credit score at all. Surprisingly, 54% of Generation Z don’t even know their score. Yes, a low score can affect your ability to access loans and credit cards — potentially delaying your financial freedom, home or car…
Credit scores and reports can be complicated subjects to understand. After all, it is not something that we are taught in school, nor is it something that there is a great deal of public information on. That’s why we put together this useful article to help you understand what a credit score is and what…
The information recorded in your credit report can make or break your next loan or credit card application. Taking a little time to examine and dispute your credit report errors can not only strengthen your acceptance odds, but you can also discover some surprising ways to save money and increase your credit score. In fact,…
