Credit Repair

How to Prepare Your Finances for Student Loan Payments

Back in 2020, the federal government gave student loan borrowers a payment reprieve. The temporary measure was designed to help borrowers with federal student loans get through the financial uncertainty caused by the pandemic. But the federal student loan payment pause came to an end in fall 2023. If you are a federal student loan borrower, the restart of payments…

Can Tax Debt Damage Your Credit?

A good credit score can make life easier, so ensuring your decisions have a positive impact rather than a negative impact on your score is best. When it comes to your tax debt and how it can affect your credit score, it may not be clear if this type of debt affects your score, so you may have questions. You’ll…

What to Do if You Can’t Afford Your Car Payment

When you need a vehicle to get around, you might feel pressure to spring for more than you can truly afford. Whether your financial situation has changed or you felt pressure to overspend at the dealership, being stuck with a car payment that you cannot afford is an uncomfortable situation. If you feel trapped with an oversized auto payment, the…

The Pros and Cons of Only Using One Bank for all Your Finances

In a bid to get the best financial services, you may find yourself considering the idea of trying several banks. However, you might want to consider a one-stop shop for all your banking services. It can prove to be a more convenient option especially if you choose a bank that caters to your specific financial needs. To help you make…

Personal Credit Scores & Business Loans

Will Your Credit Score Affect Your Business Loan Application? Congratulations! You’ve decided to begin applying for a small business loan. This exciting time for your new or existing company could forecast many great things. If this is your first time applying for a business loan, you might not be aware of the potential barriers that can get in your way.…

Do Joint Credit Cards Affect Both Spouse’s Credit?

Getting married can help boost your financial standing, but it doesn’t mean that you and your spouse will share a credit report. Your credit reports will remain separate, and any joint accounts and shared loans you open together will appear on both of your reports. While this can be beneficial, it’s important to keep in mind that the activity of…

Building Business Credit: A Step-by-Step Guide for Startups

Launching a business often involves acquiring funding, which can come from personal savings, angel investors, or loans. However, these options may not always be readily available, leaving businesses reliant on lenders such as banks and government programs. To assess a business’s creditworthiness and determine its suitability for a line of credit, lenders review the company’s credit profile. This assessment considers…

What to Consider When Choosing a Personal Loan Lender

Applying for a Personal Loan Whether you simply need to cover living expenses while unemployed or pay off debt, a personal loan is a viable option. When you need money fast, you may not ask too many questions when a lender approves your loan application, but you don’t want to make a mistake that will cost you big. Choosing the…

Tips for Paying off Holiday Debt Before it Hurts Your Credit

Now that the festive season is behind you, what remains with you are the beautiful memories and of course, the huge holiday debt that you accumulated. As the new year kicks off, two factors can greatly impact your credit; how you pay (or not pay) your debt and how much of your available credit you are using. That said, late…