In short, yes, you can have too much available credit. How much available credit is too much? The answer to “what’s considered too much credit” is not so black and white. But, the factors normally come down to the company…
A perfect credit score is generally not required. In fact, almost every lender has their own set of underwriting terms that include other factors aside from credit score. So, even if you’ve achieved a perfect credit score, it’s possible that…
The amount of credit that you need is just that. It’s the amount of credit that you personally feel that you need. The amount is not the same for everyone as every person’s financial goals and plans are different. For…
At some point, you may discover a discrepancy on your credit report. You can contact a number of parties to attempt to resolve the matter and get your report updated. Contact the creditor It’s best to contact the creditor first…
The credit score that you will need to obtain credit will depend on a number of factors, including the type of credit that you’re seeking, and most importantly, the individual lender’s criteria. Generally speaking, buying a car requires less scrutiny.…
In the recent years, there’s been a surge in the number of companies offering consumers the chance to increase their credit score by updating their credit reports with payments made to companies that don’t traditionally report to credit bureaus. These…
Most people likely think that their credit history is only important when they’re applying for credit. But, your credit history can impact you in other ways, too. Employment Your indebtedness can affect an employer’s decision to hire you. The policies…