Yes, you can get a car loan with a credit score of 600. However, it can be harder to find lenders that will approve you for a loan with such a low credit score. More importantly, you might not get the desired rates or loan amount you want with 600.  Credit scores are indicative of

In most cases, it takes a few months for a car loan to raise your credit score. That is assuming that you make your payments on time. A car loan, like any other form of credit, is going to have an impact on your credit score. The majority of these changes are going to positively

Generally speaking, mortgage lenders look for an established credit history in home buyers. For some lenders this is as little as one year of on-time credit payments, and no delinquencies on your credit report in the last 2 years.  Remember that each lender is different, so requirements vary. Some lenders may not want to see

Good credit can open a lot of doors. One of the ways good credit can impact your life positively is by making it easy for you to find your next rental.  So what happens when you don’t have good credit but plenty of money to afford rent? Is it possible to convince a landlord to

Paying off credit cards is an excellent way to work towards greater financial freedom and stability.  You can typically see your credit score improve thirty days after paying off your credit cards. How Fast Will Your Credit Score Go Up After Paying Off a Credit Card? After you pay off your credit card, you can

It’s logical to believe that if you have no credit score, your score would be zero.  However, it doesn’t actually work that way.  If you don’t have credit history, you simply don’t have a score. You don’t have a profile with the major credit bureaus yet. This means they can’t provide you with a score

The North American Industry Classification System (NAICS) Association doesn’t have a publicly available list of low risk codes.  However, from working with lenders, many people in the business credit industry have determined that some industries obtain financing easier than others.  This is the list of lower risk industry codes.  Low-Risk NAICS Codes Understanding what some

High-risk industries face numerous challenges. Arguably, one of the most impactful is limited access to funding and payment services.  You can better determine whether or not you fall into such an industry with NAICS Codes. Some businesses with high-risk codes may have to jump through more hoops while others are turned away entirely.  But what