Introduction In fact, most people have the impression that getting a new credit card is a great thing – a new line of credit, additional rewards programs and promotions, and other bonuses that come with a new account. However, one question that
Does Freeing Your Credit Impact Your Credit Rating? One of the most often used strategies by consumers to stop fraud or identity theft is freezing their credit. A credit freeze restricts access to your credit record, thereby preventing other
Debt Consolidation and Your Credit Score: What Are The Consequences? When one is battling high interest rates and many payments on various loans, debt consolidation seems to be the only way out. A few obligations may be solidified into one credit
Does debt affect your credit score? A credit score is one of the most significant aspects that creditors, landlords, insurance companies, and other service providers rely on in qualifying creditworthiness. Thus, does having debt affect credit
How Does CreditWise Impact Your Credit Score? CreditWise is a credit monitoring service from Capital One that lets you monitor changes in your credit reports and scores for free. It also offers credit education, notifies you of any unusual
How Does Your Credit Score Influence Your Refinancing? Regarding refinancing, your credit score is one of the most important determinants of your eligibility level. When one wants to refinance their house loan, this is a gauge of your
Is Mortgage Rate Affected by Credit Score? The acceptance of a house loan depends much on the credit score. Lenders depend on credit ratings as they guide their decision on your chances of returning any borrowed money. Generally speaking, the
Every time you hold a credit card for some time, you may wish to ask for an increase in the credit limit as you change your financial status. But still, some people are concerned about the possible effect that applying for an increase in the limit
It is a common concern among the users of credit cards as to whether or not they are likely to have their credit scores lowered when they apply for a credit card limit to be increased. Since credit plays a pivotal role in finances and financial