Federal student loan borrowers should start repaying their loans so as not to affect their credit scores. A pause on credit ...

A less-than-perfect credit score can be a barrier to favorable terms on auto loans. Fortunately, even if your credit history has some blemishes (think scores below 670), you still have plenty of ...

The national average FICO credit score dropped to 715 from 717, according to a recent report from FICO, developer of one of the scores most widely used by lenders. FICO scores range between 300 and ...

Having this information, especially for borrowers with a credit score similar to yours, gives you an idea of what rate to expect and a benchmark for comparing loan offers. The auto loan interest ...

This helps them maintain a clean credit profile and boosts their repayment capacity. A clean credit profile and strong credit score, anything above 750, helps immensely when applying for loans and ...

Loans for bad credit borrowers. You have bad credit loan options if your score is in the 500 range. Carefully consider your ...

But without a credit score, lenders don’t have proof of how you handle debt — which makes loan approval tougher. That’s why building credit history can be just as important as qualifying for your ...

Getting a credit report can help protect your credit history from errors and help you spot signs of identity theft.

A growing number of consumers are financing more than the cost of their vehicle, putting them upside-down in their auto loan from the ... low incomes and poor credit scores are the hardest hit ...

Credit mix refers to what type of credit accounts you carry, i.e., secured credit accounts (car or house loans) and unsecured credit accounts (credit cards). Credit mix balance refers to what ...

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home ... borrowers for not making student loan payments, the federal government dropped the ...