Tips to improve it and how long it will take. Roughly half of millennials have bad credit. Consumer credit reporting agency TransUnion says that 43% of borrowers in the 18-36 age bracket have credit scores under 600. For a generation crushed by student debt, that isn’t surprising.1 A credit rating is a snapshot of your borrowing history. [...]
Follow these simple personal finance pointers to get your financial life in order. If you are just starting out, the world of personal finance can seem daunting. In particular, saving for a home or planning for retirement may seem like dreams too distant in the future to tackle now. However, there are some [...]
Whenever anyone sets forth on a credit-building journey, they are undoubtedly given the same piece of advice: open a credit card account. This lesson is repeated over and over again because it’s one of the simplest steps an individual can take to begin establishing their credit history. However, there are plenty of people who may [...]
Americans have become more informed about certain aspects of their credit scores, but most still don't know enough about the risks associated with low scores and alleged "credit repair" services, according to a recent report issued by the Consumer Federation of America (CFA) and VantageScore Solutions. For instance, consumers taking the CFA's Credit Score Quiz this [...]
The more business we do and information we share online, the more identity theft becomes a growing threat to our financial security. There are ways you can help protect your good name and credit. Here are some tips to help keep you and your family safe. Monitor Your Accounts This goes for everything you have [...]
