Category

Bad Credit

What is rent to own, and does it affect my credit?

By | Bad Credit, Consumer Knowledge, Credit Score, FICO, financial advice, Rebuilding Credit | No Comments

Rent to own – Let’s start with the basics. If you are planning to buy a home but your income leaves something to be desired, don’t despair. There are certain ways you can still own a home, though they’re not as straightforward and conventional as a traditional mortgage. Rent to own, which is also known as lease to own, permits…

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What does No Credit Needed really mean?

By | Bad Credit, Consumer Knowledge, Credit Score, financial advice, Interest Rates | No Comments

Does your credit score prevent you from getting retail store credit cards? You know the story: You visit a store, find exactly what you’re looking for, and immediately sign up for a store credit card. Later you find out that agreement came with a snag: an astronomical interest rate. Most of the retailer stores offering credit cards will cost you…

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How Does My Credit Score Affect New Purchases?

By | Bad Credit, Credit Cards, Credit Score, FICO, financial advice, Rebuilding Credit | No Comments

Trying to borrow with bad credit? Not so fast. Many Americans are asking questions like, what is a good credit score or how to rebuild a credit score? Chances are if you’re asking these questions, your credit score could use some work. According to Lexington Law; 12% of the U.S. population has a credit score below 550. This group of…

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Should You Ever Co-Sign on a Loan?

By | Bad Credit, Consumer Knowledge, Credit Score, financial advice, Rebuilding Credit | No Comments

To co-sign or not, that is the question. It can be tough to get approval for loans or credit cards for someone who doesn’t have a good credit history. However, businesses still approve such applicants if  someone with good credit agrees to co-sign for them. If your loved ones ask you to co-sign and you agree to help, they will…

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