What is good credit? Score-wise, the experts say it is 670 and above. This makes for a great goal, but how do you get there? Ideally, to achieve a good credit profile and score, a balance of 3 revolving credit accounts (i.e. credit cards) and 1 installment account (personal loan, auto loan, etc.) is the
If you are wanting to start building credit but you only ever use cash or debit cards for your purchases, what can you do? Traditional debit cards don’t build credit history or affect your credit score. But there are specially designed debit cards that can help you achieve a good credit score. These card issuers
Credit builder loans are still somewhat new. But they’re definitely not all the same in quality and price. We analyzed the nine most commonly searched for credit builder loans on the market, then compared them based on a variety of factors including minimum monthly payment, term length, loan amount, and more. The Best Credit Builder
When you pay for everything in cash or with a debit card, it can be hard to build credit. After all, to build credit, you usually need to obtain debt. But the Extra debit card is different. This debit card works like a credit card in that it reports your payment activity to the credit
If you have bad credit, paying to report your rent to the credit bureaus is one of the easiest ways to improve your score. We analyzed the best rent reporting services on the market and put together our top five based on their fees, rent reporting packages, and average credit boosts. Here’s what we found.
Each credit repair software has its strengths. Some are great at producing letter templates and tracking disputes. Others do the dispute for you and help you monitor your credit for any problems that come up later. We’ll help you by reviewing the best credit repair software out there by assessing their strengths, opportunities, and why
The Grow Credit Mastercard is a credit card designed to help you build credit by paying the bills that you already have. The credit card is virtual and links to your bank account for processing automatic payments. There is no hard credit check or interest charges. And with their basic service, you can improve your
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
The BoomPay app and BoomReport service are presented as a way to help you build credit using your rent payment history. For a small fee, you can get your past payment history and/or ongoing history reported. But does BoomPay actually work? Our verdict: BoomPay is a legitimate company with a great product. Many customers have
