WELCOME TO CREATIVE FINANCE LOANS

Buying a car is an exciting milestone in life However, as you start shopping around, you may find that your credit score plays a big role in determining whether you can get approved for an auto loan, and what interest rate you will pay If your credit score is 720, you may be wondering if … Read more

Theres not a one-size-fits-all solution for the number of credit cards a person should own. However, its generally a good idea to have two or three active credit card accounts, in addition to other types of credit such as student loans, an auto loan or a mortgage. Just remember: The number of credit cards you … Read more

Financial institutions attempt to reduce the risk of lending to borrowers by performing a credit analysis on individuals and businesses applying for a new credit account or loan. This review process is based on a review of five key factors that predict the probability of a borrower defaulting on his debt. Called the five Cs … Read more

Financing your house with a mortgage probably means you just signed up to repay hundreds of thousands of dollars. For this reason, lenders wont lend to just any borrower. You can expect a lender to closely review your financial health, including your credit score, before giving the stamp of approval. Heres what credit score is … Read more

The answer is yes, it is possible to get a mortgage with credit card debt — though you may face additional hurdles. Understanding how credit card debt affects the mortgage approval process can help you better prepare for your homebuying journey. Key takeaways How Much Credit Card Debt is Too Much for a Mortgage Loan? … Read more

Hey there folks! If you’re wondering “Can I add my spouse to my credit card?” then you’ve landed in the right spot. I’m here to break it down for ya, straight-up and no fluff. The quick answer? Yup, you absolutely can! Most times, it’s as easy as a few clicks or a phone call to … Read more

Debt-to-income (DTI) ratio compares your recurring monthly debt payments against your monthly gross income, expressed as a percentage. Hey there, fam! If you’re wondering, “Is a 30% DTI good?” let me hit ya with the quick answer right off the bat Hell yeah, it’s darn good! A 30% Debt-to-Income (DTI) ratio means you’re in a … Read more

At Upstart, we believe you’re more than your credit score. Your credit score is simply a number based on the information in your credit report, and doesn’t consider anything else. Having said that, it can still be a great idea to know what your credit score is and what it could mean to you. While … Read more

You may know that credit scores are based largely on how you’ve handled things like loans and credit cards. But according to the Consumer Financial Protection Bureau (CFPB), paying your utilities, rent and cell phone bills could also be a factor. When it comes to credit scoring, those types of payments provide what’s known as … Read more