A bridge loan is a short-term loan that allows you to purchase a new home before selling your current one. By taking out a bridge loan, you can close the deal on your new house without waiting for your current home’s sale to go through. Learn how bridge loans work, including what they cost and … Read more
Having access to financing options for health expenses can provide peace of mind when life throws you a curveball. With CareCredit, you can get the care you need now and pay over time with monthly payments. But before you apply, you may be wondering – what’s the minimum credit score for CareCredit? The short answer … Read more
Monthly debts are regular, recurring expenses that you owe each month. These debts are often considered when applying for loans like mortgages, as lenders want to ensure you can afford the additional monthly payment. By understanding what counts as monthly debt and how to calculate it, you can better manage your finances and improve your … Read more
The best personal loans for fair credit offer low rates, affordable monthly payments and credit-building features such as free credit score access. Having a credit score of 686 puts you in the “good” credit range, which means you have access to most loans, but may not always get the very best rates or terms. Here’s … 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
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. See Lexington Law’s editorial disclosure for more information. If you need to improve your credit health, you’re not alone. Millions of people have a bad credit score, often due to delinquencies, or late payments. According … Read more
In the Digital Age, it isnt usually very hard for debt collectors to track down the whereabouts of borrowers who have fallen behind on their debts. From DMV and utility company records to social media profiles and credit bureau feedback, debt collectors can almost always access information that helps them to contact borrowers whose debt … Read more
Rent payments dont typically affect your credit — but they can in a few circumstances. The consequences can be significant. Rent doesnt show up in your credit history, experts say because landlords dont usually report payments to credit bureaus as credit card issuers and other lenders do. When rent payments do appear, its generally because … 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
Do you have a 15- or 30-year fixed-rate loan that you’d like to pay down faster? You might find that making extra payments on your mortgage can help you repay your loan more quickly, and with less interest than making payments according to loans original payment terms. Paying down the principal on your mortgage faster … Read more