If you’re worried about how to get out of debt, here are some things to know — and how to find legitimate help. Getting into debt can happen easily – an unexpected medical bill, job loss, or impulse purchases can quickly add up. But getting out of debt often feels impossible. Even if you’re able … Read more
Credit Karma is a popular free credit score service that allows you to access your credit scores from TransUnion and Equifax whenever you want. However, Credit Karma provides VantageScore credit scores, not FICO scores. This often leads to some confusion when comparing Credit Karma scores to scores from other sources. In many cases, Credit Karma … Read more
You can sell a car with an existing loan by first determining your carâs value, contacting your lender and calculating your equity. Then list your car, finalize the price and pay off the loan. So, you want a new car but still owe money on your current one. Not a problem. You can sell your … Read more
Navient and Nelnet — ever find yourself scratching your head about the difference between these two major student loan servicers? Ahead, we will dissect Navient and Nelnet, highlighting their similarities, differences, and the potential impact of recent shifts in the federal student loan servicing landscape on your loans. Buckle up for a thorough guide designed … Read more
If a debt collector contacts you, use the opportunity to find out about the debt, which will help determine if they’re legitimate and if you really owe it. When a debt collector first contacts you about a debt, they are, in general, legally required to provide you with certain information about the debt during that … Read more
A 697 credit score is considered a “good” credit score, which means you shouldn’t have trouble qualifying for new credit, like a consumer loan or credit card. However, a 697 score falls below the top two FICO® credit tiers — “very good” and “exceptional” — so you likely won’t qualify for a lender’s best interest … Read more
When you’re barely scraping by month-to-month, getting out of debt can seem like a lost cause. When traditional debt reduction techniques (like the snowball and avalanche methods) aren’t working with your current paycheck, it can feel like you’re headed for a financial natural disaster. This doesn’t have to be the case. Break the cycle with … Read more
You have the right to file disputes to get inaccurate late payments removed from your credit report by contacting your creditor or the credit bureaus to remedy the issue. You have the right to try to remove a late payment from your credit reports if it was reported in error or the late payment was … Read more
Its commonly known that the better your credit reports and credit scores, the better interest rates and terms youre likely to get from lenders and other service providers. Solid credit reports and scores indicate a lower level of credit risk, which can cause lenders to feel more comfortable offering attractive terms. If you have poor … 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. Credit cards can be … Read more