How Does a Personal Loan Affect Your Credit Score?

How Does a Personal Loan Affect Your Credit Score?

A personal loan can be used to help you make bigger purchases or consolidate high-interest credit card debt. People consider loans as an option when they need help paying for large expenses, such as medical bills or major home repairs. Personal loans typically have...
How to Get a Good Interest Rate on a Personal Loan

How to Get a Good Interest Rate on a Personal Loan

A personal loan can help you when you need to make bigger purchases such as emergency home expenses, vehicle repairs, and debt consolidation. A debt consolidation loan is a type of personal loan that consolidates all of your debt into a single account. The benefit of...
Do Consolidation Loans Hurt Your Credit?

Do Consolidation Loans Hurt Your Credit?

Credit card debt is a growing problem as 51 million people have increased their credit card debt due to the pandemic. With high-interest debt piling up, you may be searching for repayment options to help you reduce debt and improve your financial health. One of the...
What Makes Up a Credit Score?

What Makes Up a Credit Score?

A credit score determines the creditworthiness of a person by a 3-digit number in a system accessed by lenders. The higher the score, the more trust or potential a person has with a lender – but how is this number calculated? A person’s credit score consists of...