Despite the effect that credit scores can have, many people don’t know their meaning and the way they’re calculated. Your credit score affects everything you do in ways you might not think of. For instance, having an excellent credit score can lead to lower mortgage rates as well as car loans and certain kinds of...
Credit history plays an important part in evaluating your financial condition. By analyzing and understanding the credit history of your creditors, they are able to evaluate your financial credibility. Simply put your credit score is an account of your previous credit and loan repayments. Maintaining a good credit score is essential to secure credit and other...
According to the data of the Federal Trade Commission (FTC) the FTC recorded 5.7 million identity theft-related complaints in 2021. A significant portion of those complaints resulted from fraud on credit cards as well as fraudulent charges. A massive data breach, such as the Capital One breach that exposed 100 million customer records in 2019...
