How Do Credit Card Companies Make Money? We take a look at the different ways that credit card companies make money, from interest to fees. Checkout this video: Introduction ##How do credit card companies make money? Credit card companies make money by charging interest and fees on the money that you borrow. They also make…
What is the average credit score in America? According to Experian, the average credit score in the U.S. is 675. This number has been steadily rising over the past few years and is now at its highest point since Experian began tracking credit scores in 2005. Checkout this video: Introduction Your credit score is important…
You might be surprised to learn that there is no minimum age requirement for having a credit card in the United States. That means even if you’re a teenager, you can technically get your own credit card. But before you run out and apply for one, there are a few things you should know. Checkout…
How long do credit inquiries stay on your credit report? Inquiries can stay on your report for up to two years, but they typically only impact your score for the first year. Checkout this video: How Long Do Hard Inquiries Stay on Your Report? According to FICO, hard inquiries stay on your credit report for…
We’re breaking down how many end credit scenes are in Black Widow, and what they might mean for the future of the MCU! Checkout this video: Introduction Marvel Studios’ Black Widow is the first film in Phase Four of the Marvel Cinematic Universe (MCU). The movie is a prequel, set between the events of Captain…
Did you know that there are ways to change your credit score illegally? Here’s how to do it. Checkout this video: The Basics of a Credit Score A credit score is a number that reflects the creditworthiness of an individual. It is used by financial institutions to determine whether to lend money to an individual…
How long does a Chapter 7 bankruptcy stay on your credit report? It depends on the type of bankruptcy and your credit report. Checkout this video: Introduction Chapter 7 bankruptcy can stay on your credit report for up to 10 years. The exact time depends on the type of bankruptcy and other factors, such as…
If you’re wondering why your credit score is going down, you’re not alone. Here are some possible reasons why your score might be lower than it was before. Checkout this video: Check for Recent Credit Inquiries If you see a sudden drop in your credit score, one of the first things you should do is…
Bad credit can be a major obstacle when it comes to securing a business loan. However, there are a few options available for businesses with less-than-perfect credit. In this blog post, we’ll explore a few of these options and offer some tips on how to get a business loan with bad credit . Checkout this…
If you’re wondering how many points a hard inquiry will affect your credit score, the answer is that it depends. Here’s what you need to know. Checkout this video: The Effect of a Hard Inquiry on Your Credit Score A hard inquiry will usually lower your credit score by a few points. The impact of…