The average credit score in the US is a little over 700. However, this number is just an average, and there is a wide range of scores. The average score is calculated using data from all US consumers. Checkout this video: Understanding Credit Scores Your credit score is a three-digit number that lenders use to…
Find out how credit scoring works and what factors are used to calculate your score. Credit Scoring Works: The Basics’ style=”display:none”>Checkout this video: What is a credit score? A credit score is a numerical expression that is used to determine your creditworthiness. This number is important because it is used by lenders to decide whether…
A credit card can cost you more than just the interest rate. There are other fees associated with having and using a credit card . Find out how much a credit card really costs. Checkout this video: Introduction The annual cost of a credit card can be divided into several parts: the annual fee, fees…
A credit score of 700 is considered good. It means you’re a low risk for lenders, which could mean you’ll get approved for loans and credit cards with better terms. Checkout this video: Introduction 700 is a good credit score. It’s not amazing, but it’s good. With a score of 700, you’ll likely be approved…
Wondering when Experian updates credit scores? Here’s what you need to know about the credit reporting agency’s schedule. Checkout this video: What is Experian? Experian is one of the three major credit bureaus in the United States. The other two are Equifax and TransUnion. Experian collects and maintains information on consumers that is used by…
As a small business, you may be wondering how to accept credit card payments. There are a few different options available to you, and each has its own set of pros and cons. In this blog post, we’ll explore some of the most popular credit card payment options for small businesses, so you can make…
Wondering when your Child Tax Credit will be direct deposited? Check out this blog post for more information. Checkout this video: When is the Child Tax Credit deposit date? The Child Tax Credit is a refundable tax credit that helps with the costs of raising a child. The credit is worth up to $2,000 per…
If you’re wondering how long a foreclosure stays on your credit, the answer is usually around seven years. However, this can vary depending on the type of foreclosure and other factors. Checkout this video: The foreclosure process If you’re facing foreclosure, it’s important to know the process and how it will affect your credit score….
Judgments can stay on your credit report for up to seven years, which can make it difficult to get approved for new lines of credit. Checkout this video: The Basics of Judgements A judgement is a court order that says you owe money to someone. Judgements can stay on your credit report for up to…
How long can you dispute a credit card charge? If you have a problem with a purchase you made using your credit card, you have the right to dispute the charge with your card issuer. Checkout this video: The Fair Credit Billing Act What is the Fair Credit Billing Act? The Fair Credit Billing Act…