Unexpected Consequences of Inflation
Inflation is an economic phenomenon that affects nearly everyone. It occurs when prices rise in response to increased demand, resulting in a decrease in purchasing power of money. It can have significant financial implications for individuals and businesses, reducing their…
Common errors people find on their credit report – and how to get them fixed
According to a study conducted by the Federal Trade Commission, one in five people have an error on at least one of their credit reports. Errors on your credit reports can lower your credit score, which could hurt your ability…
How to build credit at 18: best tips for young adults
Learning how to build credit at 18 can pay off later. We’ll explore options like credit builder loans and becoming an authorized user on an open account.
Average student loan debt by state, age & more
While the average student loan debt is $37,645 per borrower, the amount can vary from person to person depending on factors like age, gender and race.
Average auto loan rates by credit score
The average auto loan rates vary by credit score, with a range from roughly 5 to 18 percent, with lower rates going to those with higher credit scores.
VantageScore vs. FICO score: How are they different?
When comparing VantageScore vs. FICO scores, you’ll notice many differences. For example, each model uses slightly different factors to determine scores.
What is insolvency? How does it work and what to do about it
Wondering “what is insolvency”? Learn the warning signs and explore steps individuals and businesses can take to repair their finances.
How Often Should I Check My Credit Report?
If you want to get an idea of where you stand on credit, checking your credit report is a good place to start. Your credit report – or more accurately, reports, since each credit bureau produces its own report on…
What Is a FICO Credit Score?
Your FICO score is a number that lenders use to judge your creditworthiness. Your FICO score gives lenders a snapshot of your credit profile as a three-digit number. They can use it to predict how likely you are to repay…
Home Insurance Prices Are Soaring — Especially in These 5 States
Home insurance prices are soaring, and homeowners in states prone to natural disasters have been hit the hardest. Nationally, average home insurance costs were up 21% at renewal from May 2022 to May 2023, according to a September report from…