A high credit score can be a ticket to low-cost interest and new loans. But if it is low, it can affect your entire family. These situations can be tricky to deal with. Obviously, you want to increase your credit score, but you don’t always know which step to take next. That’s where this guide can help. It looks at what you should do when your bank tells you that you have a low credit score. Sometimes, you need to take concrete actions; other times, you need to wait, and in rarer cases, you may want to challenge the score and point out where it is wrong.
Read MoreDebt and finances are two of the most crucial things you should keep an eye out for. More than 30% of the overall American population have credit card debt, and most of them could have avoided this by simply living below their means. Another 30% have auto loans and 15% struggle with student debt. So, if you're in your 30s and struggling to make ends meet, here are five creative ways to take care of your finances
Read MoreLack of college funds is the primary reason for students resorting to taking debt. There is no shame in having a student loan given the lucrative prospects of attaining a better academic qualification. However, there has been a rising concern given that the student loan growth rate balance is 513% faster compared to the GDP. While this may seem daunting, education data shows that 54% of students would need a loan to cover their college fees. This leaves the average student loan for a public university student at $30,030 for a bachelor’s degree. How then do you repay your loan to avoid the life limitation that comes with having student debt?
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