If you’re wondering what a negative credit card balance means, you’re not alone. Many people are confused about this concept, but it’s actually quite simple. A negative credit card balance occurs when you owe more money to your credit card company than they owe you. This can happen for a variety of reasons, but usually…
Have you ever wondered which credit score matters the most? Find out which one lenders look at the most before making a decision. Credit Score Matters the Most?’ style=”display:none”>Checkout this video: The Three Types of Credit Scores There are three types of credit scores, and each one is important in its own way. The first…
If you have a late payment on your credit report, you may be able to dispute it and have it removed. This can help improve your credit score and make it easier to get approved for loans and credit cards. Here’s how to dispute a late payment on your credit report. Checkout this video: Introduction…
Learn about the different types of credit hours and how they can affect your academic career. Checkout this video: Introduction In the United States, college and university courses are typically measured in “credit hours.” One credit hour is typically equal to one hour of class time per week, along with two to three hours of…
Your credit score is important. It’s a number that lenders use to determine your creditworthiness. But what goes into calculating your credit score, and how can you improve it? Checkout this video: Introduction Your credit score is one of the most important pieces of your financial puzzle. A strong credit score can mean the difference…
If you’re wondering when your credit score will update, the answer depends on a few factors. Keep reading to learn more about how credit scores are updated and what you can do to ensure yours is accurate. Checkout this video: How often is my credit score updated? Your credit score is updated periodically, depending on…
Your credit score is a key factor in financial decisions like loan approval and interest rates. So, how often does your credit score update? Checkout this video: How Credit Scores Are Updated Your credit score is like a snapshot of your creditworthiness at a particular point in time. It’s a number that lenders use to…
A credit default swap (CDS) is a financial derivative that provides protection against credit risk. CDS contracts are traded in the over-the-counter (OTC) market, and are not exchange traded. Checkout this video: Introduction to Credit Default Swaps A credit default swap (CDS) is a financial derivative that provides protection against the risk of a bond…
If you’re shopping for a mortgage, you’re probably wondering what credit score is used for mortgages. Here’s what you need to know. Checkout this video: The Basics of Credit Scores Your credit score is a number that lenders use to determine your creditworthiness. This number is based on your credit history and helps lenders predict…
What is the highest credit score possible? You may be surprised to learn that there is no definitive answer. However, there are some factors that can impact your credit score and help you achieve a higher score. Checkout this video: Introduction There are many different ways to calculate credit scores, but the most popular and…