Credit Score

There are a few finance tips that matter much more than others when it comes to helping you live a stress-free life. Starting to invest in index funds early, using the right credit card, and attaining a good credit score are three of those tips. Today, we’re focusing on the benefits of a good credit score.

People with strong credit ratings get access to better financial opportunities throughout their lifetime. For example, they can access low-interest loans (like online mortgages) and high-rewards credit cards more easily. These perks have the ability to save thousands of dollars (if not more) over your lifetime.

[Read more…] about The Powerful Benefits of a Good Credit Score

It’s financial literacy month, so this post is focused on something all consumers should know: How are credit scores calculated?

Banks and lenders use credit scores to see how reliable consumers (people like you and me) are and to understand the likelihood that they will pay back a loan.

A good credit score = a reliable consumer.

A bad credit score = a risky consumer.

[Read more…] about How Are Credit Scores Calculated: A Beginner’s Guide