Maintaining a good credit score is very important. Read articles to guide on your journey to build or rebuild credit score. Also, learn how you can check your credit score for free and see the different types of credit scores there is.
Private student loans typically remain on your credit report for seven years after the date of default or last payment. This means that if you’ve missed payments or defaulted on a private loan, the negative mark will stay on your credit report for seven years, impacting your credit score. However, if you’ve paid off the … Read more
Navy Federal Credit Union serves members of the military, including active armed forces personnel, veterans, and Department of Defense employees and their family members. It offers a variety of banking services, including personal loans. In order to qualify for a personal loan, applicants must meet Navy Federal’s income and debt-to-income requirements. It also checks borrowers’ … Read more
Founded in 1948, ORNL Federal Credit Union serves the banking needs of businesses and individuals who live, work, worship, or attend school in 19 counties in East Tennessee. ORNL FCU needed to update its website to provide a unified user experience that worked well on mobile devices. Using Sitefinity’s widget technology, they could restructure their … Read more
After a medical emergency or treatment, you may receive a bill for the portion of the cost your insurance didn’t cover. You can choose to pay the debt at once or work out a payment plan. But, if you don’t make payments, the medical provider can send it to a collection agency. Once in collections, … Read more
It’s important to review your credit reports frequently and to dispute any errors. In fact, a recent study by the Federal Trade Commission found that 20% of those who identified and successfully disputed credit report errors saw their scores jump as a result. The first step in the process is to tell the credit bureaus … Read more
A business credit score is a number that rates a company’s creditworthiness on a scale from 101 to 992. A higher score means the company is more likely to pay its debts on time and in full. A poor score, however, sends a red flag to lenders and vendors that the company is a high … Read more
Purchasing a home is a big decision that requires careful thought and planning. You need to consider your debt-to-income ratio and credit score before you begin searching for properties. An affordability calculator can help you determine how much you can spend on your next home. Generally, you can afford a mortgage that’s up to 25% … Read more
The debt ceiling is an important political tool that limits the government’s borrowing. It prevents the U.S. from going into default, which could have serious economic consequences. A debt ceiling is a statutory limit on how much the federal government can borrow. It covers both public debt that is held by public and private debt, … Read more
Freezing your credit is one of the best steps you can take to protect yourself from identity theft, especially if you’ve been victimized in a data breach. You can freeze your credit online or by calling the three national credit bureaus: Equifax, Experian, and TransUnion. The credit bureaus are required to freeze your report for … Read more
Individuals who build a new home that meets certain energy-efficient criteria may be eligible for a tax credit under the Residential Energy Efficient Property Credit (REEP). This credit provides a 26% tax credit for the cost of qualified solar electric systems, solar water heaters, small wind turbines, and geothermal heat pumps. Additionally, homeowners who install … Read more