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What is a Good Credit Score?

Most people know what a credit score is, but not really what it means or is all about. What qualifies as a good credit score? Some people consider a good credit score to be 720+, but this is classified as above average credit, or “very good credit”. Most people do not have a credit score [...]

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What is the Biggest Obstacle For Your Credit Score?

If you are struggling with a low credit score and can’t seem to make any progress, it is important to identify what obstacles you are facing. Once you have this in hand, you can start to make changes that will help you get your credit rating back on track. Here is a brief guide to [...]

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The Dangers of Long Term and Interest Only Loans

There are two new trends in the banking world that may actually be very dangerous for consumers. Long term personal loans and interest only loans are gaining in popularity, especially in the wake of the housing crisis. While these may seem to be a great option at the time, there are many risks from these [...]

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How Much Debt is Too Much?

The average American is currently carrying at least some form of debt, even if it is small. We live in a society where overspending is common and credit card debt has become a right of passage. In many cases, you need to be in debt in order to start building your credit history. Without this, [...]

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