March 2023

The consequences of not paying a credit card can vary by card issuer. But in general, if you don’t pay your credit card bills, your credit score will take a hit, you’ll have to pay things like late fees and higher penalty interest rates, and your account could be closed. However, responsible parties do not […]

Summaries: Credit scores are calculated using information from your credit reports. Credit scores generally range from 300 to 850. Different lenders have different criteria when it comes to granting credit. It’s an age-old question we get, and answering it requires that we start with the basics: What is a credit score, anyway? Generally speaking, a

Abstracts: A credit score is a three-digit number designed to represent the likelihood that you will pay your bills on time. There are many different credit scores and scoring models. Higher credit scores generally result in more favorable credit terms. A credit score is a three-digit number, usually between 300 and 850, designed to represent

Your credit scores are calculated using information from your credit reports, so it’s normal to see your score change as lenders provide updates to that information. A slight drop in your score may not be a cause for concern, especially if you are consistently practicing good credit health habits. Sometimes, you may not notice changes