How Many Credit Cards is Too Many?

How Many Credit Cards is Too Many? Credit Cards by John Ulzheimer Share Share Email One, ten, twenty…how many credit cards is too many?  And why would anyone have more than one credit card?  This is a very common and valid question.  There are also several answers, some of which are valid and some of […]

4 Tips to Maintaining Good Credit During a Divorce

4 Tips to Maintaining Good Credit During a Divorce Credit Monitoring by David B. Coulter Share Share Email It may be time to divorce your spouse, but there’s no divorcing your current credit score. We’ve compiled 4 tips to help maintain good credit during a divorce. Major financial decisions are made while emotions are high […]

Do I Build Credit Faster By Carrying a Balance on My Credit Cards?

Do I Build Credit Faster By Carrying a Balance on My Credit Cards? Credit Cards by John Ulzheimer Share Share Email MYTH alert: Carrying a balance on a credit card does not increase your credit scores and it does not cause you to build credit any faster than if you were to pay it in […]

5 Things You Should Know About Deferred Interest

5 Things You Should Know About Deferred Interest Credit Report by Maria Shahid Share Share Email Deferred interest is when no-interest loans or credit cards have some period of zero interest. However, you still owe interest payments if you cannot pay off the balance before the end of the stated time frame. Answering the question […]

Which Type of Credit Score Is Most Used for Auto Loans?

Which Type of Credit Score Is Most Used for Auto Loans? Credit Report by David B. Coulter Share Share Email 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 […]

A New Way of Borrowing Money

A New Way of Borrowing Money Understanding Your Credit Score by Maria Shahid Share Share Email The new feature that will revolutionize the lending industry in America Have you ever felt like your credit score is the one thing keeping you from achieving financial freedom? Today, a good credit score is required for most life-changing […]

What Affects Your Credit Score?

What Affects Your Credit Score? Credit Monitoring by David B. Coulter Share Share Email Maintaining a high credit score is essential as it is the determining factor when apply for a loan, mortgage, or credit card. Unless you make all of your purchases with cash, managing your credit score is one of your most important […]

How Does a Cash-Out Refinance Work?

How Does a Cash-Out Refinance Work? Uncategorized by Maria Shahid Share Share Email More than 1.3 million Americans refinanced their homes in the first three months of 2020, marking a seven-year high. There are times in all our lives when we could do with extra cash. From waving a child off to college to finally […]

Stay At Home Spouses May Soon Be Able to Get Credit On Their Own – An Update

Stay At Home Spouses May Soon Be Able to Get Credit On Their Own – An Update Credit Cards by John Ulzheimer Share Share Email Recently the Consumer Financial Protection Bureau (CFPB) announced it will propose changes to the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 and Federal Reserve regulations that critics have […]