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Why Are There Multiple Names on My Credit Report?

by Kristin Austin | Sep 3, 2024

You might be surprised to see multiple names listed when you get your credit report. In most cases, you don’t need to worry. In fact, there are often multiple names listed on a credit report. So why is this the case? There are several reasons why someone might have multiple names on their credit report. In this post, we share more about why there may be multiple names on a credit report and what to do if it's causing problems with your credit...

5 Ways to Celebrate National Financial Awareness Day

by Kelly Baker | Aug 13, 2024

National Financial Awareness Day, celebrated every year on Aug. 14, is a great time to think about your money decisions and plan for a better financial future. In this blog, we explore five ways to celebrate National Financial Awareness Day, including reflecting on financial goals, learning more about personal finance, creating a budget, working on credit health, and exploring saving and investing strategies. What is National Financial...

What Your FICO® Score Says About You

by Kelly Baker | May 20, 2024

Your credit score is a three-digit number that can significantly influence your financial life. It's a snapshot of your creditworthiness, and it can determine your ability to secure loans, credit cards, and even housing opportunities. But what does your credit score really say about you? Key Takeaways Your credit score is a numerical representation of your creditworthiness and likelihood to repay debt based on your credit history. The factors...

Why Does My FICO® Score Fluctuate?

by Tristini Tomlinson | May 6, 2024

A FICO® Score fluctuates due to various factors, reflecting changes in an individual’s credit behavior and financial circumstances. These scores are widely utilized by lenders to assess the risk associated with extending credit or loans to consumers. By evaluating factors such as payment history, credit utilization, length of credit history, new credit inquiries, and credit mix, FICO® Scores offer insight into an individual's financial habits...

How to Decode Your Credit Score

by Tristini Tomlinson | Apr 22, 2024

Understanding your credit score can seem like decoding a complex puzzle, but with the right knowledge, it becomes much simpler to navigate. Your credit score holds the key to your financial health, influencing everything from loan approvals to interest rates. In this article, we discuss credit scores and decode the complexities that surround them. What Is a Credit Score? A credit score is a 3-digit number reflecting your creditworthiness. The...

How Does Inflation Affect Credit?

by Brian Acton | Apr 8, 2024

During times of high inflation, rising costs can put consumers under greater financial stress. High inflation can make it harder for you to pay for the things you need, more expensive for you to borrow money, and slow down economic growth on a large scale. If you’re worried that inflation could negatively impact your credit, the good news is that your credit score is not directly affected by inflation or the state of the economy. But there are...

What Is an SBA Loan?

by Randall Russell | Mar 25, 2024

Do you have a great business idea but need funding to get it off the ground? SBA small business loans offer affordable financing and flexible repayment terms to help entrepreneurs launch or expand a business. Here we explain what an SBA loan is and how it works. What is an SBA Loan? What exactly is an SBA loan? To break it down, SBA loans are business loans partially guaranteed by the U.S. Small Business Administration. Because they are less...

Budgeting Tips to Pay Off Tax Debt

by Randall Russell | Mar 11, 2024

As tax season approaches, many individuals may find themselves grappling with the reality of owing money to the Internal Revenue Service (IRS). Whether due to unexpected income sources, insufficient taxes withheld from each paycheck, filing incorrectly, or missed deadlines, tax debt can quickly accumulate. This can often leave individuals feeling overwhelmed and uncertain about how to regain control of their financial situation. Fortunately,...

Do Taxes Affect Your Credit Score?

by Randall Russell | Feb 28, 2024

Between the beginning of the year and mid-April, tax season is in full swing and many people are quickly going to tax professionals to either pay their taxes or get their refunds. One question on many minds is the connection between taxes and credit. Do taxes affect your credit score? Do Taxes Directly Affect Your Credit Score? When you go to a tax professional to have them prepare your taxes, it does not directly affect your credit score....

What Are the Different Types of Interest?

by Tyler Brunell | Feb 14, 2024

Whether you're considering a loan, navigating investments, or managing debt, understanding the intricacies of interest is a critical life skill in the modern world. The term “interest” comes up in all kinds of financial conversations, but what are the different types of interest? This guide delves into the unique roles of each type of interest, with critical insights into how interest influences your financial decisions. Common Types of...

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