Having a good credit score is important for getting approved for loans and credit cards with the best terms. But what exactly constitutes a “good” score? Is 842 considered good? In this article, we’ll take an in-depth look at credit scores and explain what an 842 credit score means. What is a Credit Score? A … Read more
While your address doesnt affect your credit score, you should take any incorrect identifying information on your credit report seriously. The appearance of a truly unfamiliar address on your credit report could be a sign of identity theft. However, just because you havent lived at an address doesnt mean its on your report in error. … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Bankrate is always editorially independent. While we adhere to strict , this post may contain references to … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. The advice in this article is offered by the team independent of any bank or credit card … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Bankrate is always editorially independent. While we adhere to strict , this post may contain references to … Read more
Mortgage lenders usually verify your employment by contacting your employer directly and reviewing recent income documentation. The borrower must sign a form authorizing an employer to release employment and income information to a prospective lender. At that point, the lender typically calls the employer to obtain the necessary information. Employers are usually happy to help, … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Bankrate is always editorially independent. While we adhere to strict , this post may contain references to … Read more
Deciding whether to pay with credit card or cash for everyday purchases is a common financial dilemma. Both payment methods have advantages and disadvantages that consumers should consider carefully based on their spending habits and money management style. This article will explain the key differences between paying with credit card versus cash so you can … Read more
Funds deposited in your bank accounts more than 60 days before you apply for a mortgage are considered âseasonedâ by lenders. When mortgage lenders speak of “seasoned money” for a down payment on your home, they mean money youve possessed for a certain period of timeâcommonly 60 days. Lenders require seasoning of large portions of … Read more
A FICO® ScoreÎ of 733 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