What if there was a way to improve your credit score that you had never tried? If you suffer from low or even invisible credit, then a traditional credit score may be holding you back. But it's possible to improve your chances of getting a loan with an alternative credit score. What is an alternative credit score, and why is it important? Keep reading to discover the answers!
READ MOREAbout 35 to 44 million U.S. adults are invisible to the financial system, reports the American Bar Association. For this reason, they have a difficult time getting a loan or renting a home. They also have to pay more for certain services, such as car insurance.
READ MOREDid you know that roughly 26 million Americans have no credit history? Are you part of this group? Do you have a hard time taking out loans as a result? If so, an alternative credit score may help you to improve your finances.
READ MOREWhile building your credit and getting out of debt might seem like a dream, there's hope. It might seem difficult to separate facts from credit myths, but this guide has you covered. This article will take a look at the different myths out there that are easy to fall for. Read on to explore these myths, and avoid being duped today.
READ MOREFor many, the last year has been full of financial strife. Between pandemic restrictions, businesses shutting down, or closing, it wasn't just health concerns the pandemic created. If you felt the financial burden of the pandemic, you might be wondering how to prepare for a recession. What should you do now to be better prepared for the future? Read on for these tips to survive a recession.
READ MOREThe housing market is hopping and no matter if you're buying your first home or your next one, there are some things you need to do to be ready. Most of this involves getting your financial house in order so you're ready to make a big investment like buying a home.
READ MOREUtility bills have an indirect effect on your credit score. If you are a person with a low credit score, or if you are credit invisible, it is important to manage your utility payments so they can be used to showcase your alternative credit.
READ MOREMost banks nowadays offer credit, debit, and prepaid cards, but few consumers know what they sign up for.
READ MOREIf you don't have a credit card, but pay your bills on time, an alternative credit score can enable you to qualify for loans and gain access to credit with more favorable terms.
READ MOREDid you know that only 29% of Americans are financially healthy? So if you've been struggling with bad finances, then know that you're definitely not alone.
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