When you buy a house, you might assume it’ll be smooth sailing. But life throws curveballs every once in a while. If you’re experiencing financial hardship, the key is not to panic. Contact your loan servicer as soon as possible if you know you’re going to be late or have trouble making a mortgage payment. … Read more
Your credit limit is a crucial aspect of your financial health, impacting everything from your credit score to your ability to make large purchases. At Peoples Bank & Trust, we believe in empowering our customers with the knowledge they need to manage their finances effectively. Heres a comprehensive guide to understanding your credit limit, how … Read more
A FICO® Score of 675 falls within a span of scores, from 670 to 739, that are categorized as Good. The average U.S. FICO® Score, 714, falls within the Good range. A large number of U.S. lenders consider consumers with Good FICO® Scores “acceptable” borrowers, which means they consider you eligible for a broad variety … Read more
Costco, the popular warehouse club, is known for offering bulk deals and great savings, but you might be wondering âWhy canât I use my Mastercard credit card at Costco?â. Many shoppers are aware that in recent years the warehouse club only accepts Visa credit cards in their physical stores. This has been a source of … Read more
A FICO® ScoreÎ of 728 falls within a span of scores, from 670 to 739, that are categorized as Good. The average U.S. FICO® Score, 714, falls within the Good range. A large number of U.S. lenders consider consumers with Good FICO® Scores “acceptable” borrowers, which means they consider you eligible for a broad variety … Read more
It comes from you in the form of fees and interest, and also from the merchants where you use your cards. Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or … Read more
Getting calls from a collection agency is stressful. You may want to resolve the debt by paying the original creditor instead. But is this possible and advisable? Here’s what you need to know about paying original creditors versus collection agencies. What Happens When a Debt Goes to Collections? When you fall behind on repaying a … Read more
For a score with a range of 300 to 850, a credit score of 670 to 739 is considered good. Credit scores of 740 and above are very good while 800 and higher are excellent. For credit scores that range from 300 to 850, a credit score in the mid to high 600s or above … Read more
Credit scores are a critical aspect of financial well-being, yet not all scores are created equal. Creditwise and FICO scores are two different models often used to assess creditworthiness. Understanding the diversity among credit scoring models is essential for navigating the financial world. FICO has dominated the market for years, but newer entrants like Creditwise … Read more
Purchasing a car is a major financial decision, one that often involves securing a loan to cover the cost. However, if a car dealer has lied on your loan application—whether by claiming a higher income or misrepresenting a better credit score—you might be stuck with a vehicle you can’t afford and a loan that could … Read more