Credit

Banks Editorial Team

August 20th, 2019

3 Things College Students Can Do To Build An Excellent Credit Score

How to Build Excellent Credit Building an excellent credit score is important at any life stage. But college is a special time. You’re at the foothold of earning a degree and building a foundation of credentials that will last your entire career. And like many other students, college may very well be your first taste […]

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Banks Editorial Team

August 15th, 2019

How Banks Work With Credit Reporting Agencies

Understanding how banks work with credit reporting agencies is very important for your financial health. Your credit report has a lot to do with how you’ll be able to borrow money and what rates you’ll pay when you do. That’s because your history of borrowing – and paying back – money is one of the […]

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Banks Editorial Team

August 13th, 2019

Can Credit-Builder Loans Improve Your Credit Score?

Credit-builder loans can help if you have poor credit or no credit history. With bad credit you may find it difficult to be approved for things like personal loans and credit cards. Lenders want to be sure that their customers will be able to repay their loans and bad credit will make them think twice […]

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Banks Editorial Team

August 8th, 2019

Everything You Need to Know About The 3 Credit Agencies

About the Three Credit Agencies There are three major credit agencies in the credit reporting industry: Equifax, TransUnion and Experian. And many consumers are unaware of the far-reaching impact they can have on their life. Your credit score and credit history will impact your ability to secure a loan, get a credit card, and in […]

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Banks Editorial Team

August 7th, 2019

How To Improve Credit Score In 4 Easy Steps?

How to improve credit score may seem like a question with a simple answer. Consumers often find it difficult to fathom that three simple numbers can have so much control over their financial lives. The fact is, your credit score can be a determining factor in whether you are eligible for a credit card, can […]

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Banks Editorial Team

July 30th, 2019

What College Students Need to Know About their Credit Score Check

Let’s face it — understanding why their credit score matters is probably the last thing on a college student’s mind. But it is imperative that they do understand this. For many students, college is the first time in their life that they have the opportunity to incur debt. Students loans, auto loans and credit cards […]

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Banks Editorial Team

December 8th, 2018

Installment Loans for Bad Credit: A Brief Overview

Installment loans for bad credit are financial products that allow individuals to borrow a specific sum of money up front in order to complete a purchase and then pay that money back, with interest, over a specified amount of time. Examples of installment loans include auto loans and student loans. In order to ensure that loans […]

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Banks Editorial Team

December 6th, 2018

How to Improve Your Credit Score by 100 points as Fast as Possible

Do you wish you could improve your credit score by 100 points? Your credit score is one magic number that could have either a positive or negative impact on your financial life. Finding it through a credit report and grasping the ways in which it can be improved is, therefore, a very important task. Improving […]

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Banks Editorial Team

December 5th, 2018

Improve a Low Credit Score To Prevent Financial Doom

Do you need to improve a low credit score to increase your financial freedom? Even though you currently have a low credit score, it does not mean that you are financially doomed forever. If the appropriate strategies are put in place one can improve their credit score and return to financial stability. A low credit […]

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Banks Editorial Team

December 4th, 2018

Credit Score Range: Where Are You?

When it comes to understanding your credit score range, there are two ranges that are commonly used by lenders: FICO and VantageScore. Both use the same calculation and information, but the categories they utilize are different. The FICO score categories are Exceptional, Very Good, Good, Fair, (Very) Poor, and No Credit. VantageScore’s categories are Superprime, […]

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