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 youâve 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 whatâs known as … Read more
This is a normal part of the debt collection process.It applies to most common types of consumer debt including: Falling behind on debt payments can feel like an endless nightmare. As soon as you deal with one debt collector, your debt seems to get sold yet again to another agency. It leaves you wondering – … Read more
A personal loan comes as a lump sum of money that you can use for almost anything. Your payments will be the same each month, and you might still qualify with less-than-perfect credit. Still, personal loans aren’t always the cheapest way to borrow and they don’t make sense for ongoing expenses. Knowing the pros and … Read more
Credit Karma is a free online service that allows consumers to check their credit score for free. Checking your credit on Credit Karma does not hurt your credit score because it’s a self-initiated, soft credit inquiry. Members can check their credit scores as often as they wish. Hey there, fam! If you’re wondering, “Does Credit … Read more
Most people who buy a home take out a mortgage to finance the purchase. There is an approval process called underwriting that stands between a borrower wanting a property and them being able to pay for it. Letâs dive in and learn more about underwriting and how it works. Underwriting is the process your mortgage … Read more
A pay for delete letter is a negotiation tool intended to get a negative item removed from your credit report. It entails asking a creditor to remove the negative information in exchange for paying the balance. The information provided on this website does not, and is not intended to, act as legal, financial or credit … Read more
Credit scores operate on a scale of 300 to 850. The better your credit score, the easier (and cheaper) it is to borrow money. While a bad credit score can hamper your borrowing efforts, having no credit can shut you out entirely. Credit scores set the terms for some of the most important financial decisions … Read more