affect
How does your payment history affect your credit score?
Paying off your credit card and loan debt on time is the most important factor in your credit score. Your payment history is made up of many complex components, but experts say it ultimately comes down to never missing a payment. The main purpose of a credit score is to show creditors how likely you […]
How does the length of your credit history affect your credit score?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. According to Experian 2021 data, the Silent Generation continues to have the highest […]
How does a closed account affect your credit score?
The road to a great credit score can be long and bumpy along the way. But if you maintain a low credit utilization rate and avoid any negative consequences (such as missed payments, etc.), these hits should be minor. Keep in mind that the loan game requires a fair amount of patience, and if your […]
High balance: does it affect your account?
One of the most stressful aspects of using a credit card is accumulating a large balance. There are many reasons why you might have a high balance, including large unexpected bills or home and car repairs. Or maybe you just really wanted a new sofa and it hit your wallet hard. But what does this […]
How does your health affect your life insurance rates?
Visit any personal finance site and chances are you will find an article on how buying life insurance for young people can save you money (we even have this article). So you’ve finally decided to listen and take out life insurance BUT the next biggest question is: can I even to qualify based on my […]