Credit monitoring: What it is and why you may or may not need it. Credit monitoring services are deployed primarily to keep an eye on your credit profile, including your credit report and credit score. It can be treated as an early warning system of any potential fraud that can prevent further damage. Lately, monitoring services are becoming increasingly popular….
Lenders look at more than just your credit score, including your debt-to-income. A strong foundation for financial health lies in maintaining your debts at a manageable level. The general idea being to keep yourself in a positive equity position when looking at your debt-to-income ratio. While your debt to income ratio doesn’t directly affect your credit score, it is an…