Believing these common credit card myths could drag down your score. Learn the truth and build your credit the smart way.

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income ...

What credit score do you need to get the best deal on a car lease? Here’s how your score affects the lease terms, and why the ...

You can use "Buy Now, Pay Later" for just about everything now, from Costco purchases to DoorDash (although that doesn't mean ...

FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...

Specifically, 2.2 million student loan borrowers, who became newly delinquent in the first quarter of 2025, saw their credit scores drop by more than 100 points.

Why ‘No Debt’ can hurt your credit score? Your credit score is simply a three digit number ranging from 300 to 900. It is used by banks and financial institutions to understand and analyse ...

As you can see above, the interest rates increase slightly as the credit score ranges go down. The monthly payments, in accordance with the interest rates, increase as well. You'll notice that a ...

Approval chances: Higher scores mean a greater likelihood of approval, while lower scores increase the risk of loan rejection. Loan costs: A higher credit score results in lower borrowing costs ...

Having a credit score of -1 or 0 doesn’t mean you are not creditworthy. It just means that the credit bureau doesn’t have enough of your credit history to assign you an appropriate credit score.