A Comprehensive Guide to Credit Score and its Breakdown

A Comprehensive Guide to Credit Score and its Breakdown

Your credit score is at the core of measuring your financial health as it tells the lenders how good you are at using credit within limits and paying it off. A higher credit score makes it easier for you to get new lines of credit and loans. 

Additionally, a higher score may even allow you to secure lower interest rates on your loans. If you want to ensure that your credit score stays at an optimum level, you must understand its components. Knowing what can improve or worsen your credit score can help you navigate this financial terrain efficiently. 

What is a […] Read more

How to Rebuild Your Credit Score

How to Rebuild Your Credit Score

Good credit comes with numerous benefits, such as eligibility for low-interest personal loans and credit cards. Your score reflects how you handle debt—and regular payments will help rebuild your credit. Here, we’ll offer some tips on earning a better credit score.

Rebuilding Credit Fast: Is It Possible?

In certain instances, it’s possible to boost credit scores quickly. Certain factors affect your score, such as:

The amount of debt owed.
Your payment history.
The type of credit you have.
The length of your credit history.
Any new accounts opened.

Some of these factors, like credit history length and payment history, are challenging to improve quickly, even with a debt […] Read more

Top 10 Travel Reward Cards for 2021

Top 10 Travel Reward Cards for 2021

Are travel reward cards only for frequent travelers?

Or

What do I have to do to get a travel reward card?

These are the questions that have crossed all our minds at some point. You are in the right place as this article will answer all of your questions.

The rise of social media platforms travel influencers, and the popularity of YouTube travel vloggers is an accomplice to the traveling craze. More and more people are discovering exotic places on the planet we call home, wondering how to snag free around-the-world holidays using free rewards.

However, travel freedom does not come with exclusivity for social […] Read more

Top 7 Best Reward Credit Cards

Top 7 Best Reward Credit Cards

Many people ask the question, how reward credit cards are different from regular credit cards?

Credit cards are one of the most popular financial products available to consumers for many decades.

Some of the credit cards merely allow you to spend, and as a result, they charge you an interest rate. On the other hand, there are reward credit cards that offer incentives for every dollar you spend.

What is a Reward Credit Card

Reward credit card is not only about using them for shopping and paying an interest rate for using them. In fact, the more you use a reward credit card, the […] Read more

Credit Rating: A Beginner’s Guide and 7 Ways to Build Your Credit Score

Credit Rating: A Beginner’s Guide and 7 Ways to Build Your Credit Score

Do you have a poor to average credit score and want to learn about how to improve it?

Or

Are you generally trying to understand what credit rating is and how it works?

In both cases, you are in the place, as this article will explain the entire credit rating system in detail and what you must do to build your credit score.

Credit rating refers to a law passed by FCRA back in 1970 to give consumers right about their credit report. The consumers could view as well as dispute errors in their credit reports and learn from their mistakes to improve their […] Read more

Best Credit Cards for Your Business

Best Credit Cards for Your Business

Are you a small business owner or in the process of starting one and wondering if you must get a credit card as a contingency plan? Maybe you have already made up your mind to get one but do not know what the eligibility criteria are and which credit will suit your needs.

If any of those questions have crossed your mind at some point, you are in the right place. This article will discuss what business credit cards are, where to get them, and share the top 11 business credit cards available in 2020.

A business credit card can help you […] Read more

20 Tips to Save Money

20 Tips to Save Money

Are topics such as saving money your pain points? Do you feel guilty of not being able to save at all? Maybe you always start with a new resolution to save money, but something always pops up.

If the answer to any or all of the above scenarios is a “YES,” you are in the right place. This article will give you twenty easy tips on how you can shuffle things around in your current lifestyle and start saving every month.

It has happened to too many of us that we had good intentions to start putting some money on the side […] Read more

7 Uses for a Personal Loan

7 Uses for a Personal Loan

A personal loan defines a fixed amount of funds you borrow from a lender. This loan comes with a fixed rate, and you can repay it over a fixed period. You can get a personal loan that is either unsecured or secured. Here are some differences between the two.

Types of Personal Loan
Unsecured Personal Loans

An unsecured personal loan means you do not need collateral as eligibility criteria. However, due to this very reason, lenders heavily weigh other eligibility factors such as your income credit score, outstanding debts.

Having a bad credit score can make it outright expensive or difficult for you to […] Read more

Cost of Cooking at Home vs. Eating Out

Cost of Cooking at Home vs. Eating Out

Food is a major expense in American households and eating habits can make a huge impact to your finances if you’re not careful. The Bureau of Labor and Statistics reports that a family with four members could easily spend between $568 to $1,293 each month. Unfortunately, 25% of these purchases go to waste.

With food taking a major cut in your budget, it is important to carefully assess your eating habits and make adjustments in line with your financial goals.

Is cooking your meals or eating out cheaper?

There’s a never-ending debate about the cost of cooking your own meals versus eating out […] Read more