It’s common to apply for an auto loan and be required to put some money down to get everything rolling. But who gets the down payment? Where Does the Down Payment on a Car Go – To the Dealer or the Bank? When buying a new or used car from a dealership and financing it, … Read more
Carrying a balance on your credit card means youâve paid off a portion of what you owe and left the rest for the next billing cycle. There are lots of reasons you might carry a balance. But itâs important to understand how it might affect interest charges, credit scores and more. Carrying a balance on … Read more
If youâre trying to figure out which credit score is most accurate, then you already know there are multiple scores out there. But one credit score isnât necessarily more accurate than another. Itâs more complicated than that. Find out what factors make for good credit scores, how credit bureaus and credit-scoring companies fit in, and … Read more
The issuer has a few standout cards in its portfolio. But customer satisfaction isnt Synchronys strong suit, and its retail cards — like most others — have drawbacks and restrictions. 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 … Read more
The idea that you need to carry a credit card balance to improve your FICO® Scores is a myth. Heres what actually matters. Not paying off in full the credit card balance reported on your credit card statement will likely cost you money as interest accrues — and it doesnt help your FICO® Scores. Even … Read more
With more parents needing to finance a larger portion of their child’s education, they face various options that can be confusing. One of the most common methods for paying for college is using a Parent PLUS Loan. This financing method has advantages and disadvantages that parents and students must understand before making this decision. Proper … Read more
You’re unique, and so is everyone else! How long you want your auto loan can be dependent on your personal circumstances and simply what you qualify for. But if you’re not sure what loan terms you should aim for and your credit score isn’t the best, we’ve got some suggestions. When it comes to car … Read more
How Long Does FHA Underwriting Take in 2021? What You Need To Know Getting approved for an FHA loan can be a lengthy process, with underwriting often being one of the longest steps. As a potential homebuyer in 2021, you’re probably wondering – how long does FHA underwriting take? The underwriting process is when the … Read more
If youâre thinking about buying a home, itâs important to know your credit score before diving too deeply into the home buying process. Lenders will use your credit score to help determine the type of home loan and interest rate they can offer you. If youâre a home buyer with a brief credit history, a … Read more
Roughly 66% of cars financed go to borrowers with scores of 661 or higher, but those with lower scores have options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their … Read more