When it comes to your credit report, you may have heard the terms “hard inquiry” or “soft inquiry”—but what do they mean? Soft Inquiries When potential creditors (e.g., banks, loan providers, credit card companies, etc.)…Read More of the article "Your Credit Report: Hard Inquiry vs. Soft Inquiry – What’s the Difference?"
Category Archive for: Credit
Have you ever applied for a loan from a bank and wondered why you received a certain interest rate? I remember when I applied for a loan to buy my first house. I’d taken out…Read More of the article "What You Can Do to Improve Your Credit Score"
If you’re reading this, you probably have at least one credit card already. Credit cards can be a helpful tool when used appropriately, including helping you establish credit and build your credit score. However, you…Read More of the article "Take Control of Your Credit Cards"
Thinking about applying for a new private student loan, or refinancing your existing federal and private student loans? Expect the lender to check your credit history and credit score. They do this to ensure you…Read More of the article "Understanding Your Credit Report and What Student Loan Lenders Look For"
Your credit score is a three-digit number that can determine a lot. Credit scores are calculated using a number of factors. These include on-time payments, number of credit cards you have and their balances, and…Read More of the article "Why Good Credit is Crucial"