Where to Start If You Don’t Have Credit

Where to Start If You Don’t Have Credit

Your credit history may be the most important record of financial information that you have to your name. But what about if you have no credit history? Don’t worry: if you’re starting from scratch and you don’t have any credit to your name, there are a few simple ways to start building your credit history!

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First-Time Home Buyer Q&A: How Important Is Credit When You’re Buying a Home?

First-Time Home Buyer Q&A: How Important Is Credit When You’re Buying a Home?

One of the first items addressed during the home buying process is your credit. Your credit score is an essential number that can impact whether you’ll be able to qualify for a mortgage. If your credit score falls below, 620, you’ll want to utilize some tools and programs to raise your score. As your credit score rises, different programs will allow improved and lowered interest rates for you.

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Credit vs. Debit: When You Should Charge It

Credit vs. Debit: When You Should Charge It

By comparison, making a purchase on your debit card seems like a boring, ineffective way to spend your money. But debit cards still have their place in the modern consumer’s wallet – and they can sometimes be a better alternative to paying with a credit card. Here’s a little refresher on the basic ways credit cards differ from debit cards.

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What Is FACTA and How Does It Impact You?

What Is FACTA and How Does It Impact You?

ou hear a lot about the importance of your credit score, and that is one of the primary things lenders look at to determine if you qualify. One of things that can have a serious impact on your credit score is becoming a victim of identity theft. Realizing this negative impact, in 2003 a new law to combat identity theft was enacted: The Fair and Accurate Credit Transactions Act of 2003, more commonly known as FACTA.

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