Filing for bankruptcy may feel discouraging, but it can give you a fresh start. Though it does damage your credit score, it also significantly reduces your outstanding debts, allowing you to rebuild without that financial burden. It takes time to reach an 800 credit score after bankruptcy, but it’s possible. Here’s what you need to
The better your credit score, the easier it is to get a lower interest rate and a bigger loan from a mortgage lender. With a 650 credit score, you should qualify for a home loan, but you’ll fall well short of the cheapest possible mortgage rate and the highest available principal balance. Here’s what you
During times of financial hardship, it’s easy to damage your banking reputation. Overdraft fees, bounced checks, or involuntary account closures end up in your ChexSystems report, which can prevent you from getting traditional checking accounts. If you’ve made mistakes like these in the past, here’s a list of the best free checking accounts you can
ChexSystems is a consumer reporting agency that documents your banking history, like a credit bureau for checking and savings accounts. Removing negative items from your ChexSystems report can improve your chances of qualifying for a new bank account. Here’s what you should know about the ChexSystems removal process, including the primary steps involved and some
We’ve compiled a list of the seven best credit builder card options in 2023. Each of these cards is accessible to people with bad credit, friendly to your budget, and effective at increasing your score. We don’t necessarily recommend any of these cards over the other. Each one has something to offer, so consider them
We’ve put together a list of the six best secured credit cards to build credit with on the market in 2023. We have also ranked them on multiple factors, including their effectiveness, costs, and accessibility. Citi took the crown as the “Best Overall” secured credit card to build credit, but the others mentioned here are
Whether it’s to generate working capital, buy new equipment, or hire some help, many small business owners need financing, especially in their early days. Unfortunately, they often lack the business credit necessary to meet lender qualification requirements. If you’re struggling to qualify for the small business loan you want, here’s a list of the 11
CreditStrong is an online lender that provides credit builder loans to consumers and businesses. Their business accounts help companies with limited or bad credit establish a positive financial tradeline and improve their credit scores. If you’re considering using a credit builder loan to work towards good business credit, our CreditStrong review will tell you everything
Credit-builder loans are an increasingly popular product, and the competition for market share is fierce, but there are significant discrepancies between even the top contenders. We studied two of the most popular credit-builder lenders on the market today; Credit Strong and Self (formerly Self Lender), and put them head to head. Here’s how they compare.
There are a lot of credit builder loans on the market, so we had to do a lot of research to stack Credit Strong against its competitors. Our verdict: Credit Strong has the best credit-builder loan on the market today. Their accounts either match or outclass the competition in just about every meaningful way. They’re also
