What is a credit score? Often credit report and credit score are used interchangeably, but it is important to know the difference between the two. A credit report is a detailed history of credit information. It will include balances, delinquent payments, bankruptcies, personal identifying information, and inquiries. A credit score is a three-digit number based …
A budget is a financial plan created by an individual or an organization based on projected income and expenses for a designated period. It can be useful to help save money or just to see where money is being spent each month. Budgets take work and many fail. Here are some common budget mistakes. Not …
Summer means hitting the road to new horizons for most. The dream of fun in the sun could turn into a nightmare instantly with the loss of vacation funds. Here are some tips to protect your money while traveling. Let your bank and credit card companies know You should notify your bank and credit card …
Person 2 Person, P2P, apps are growing in popularity with the increasing use of technology in everyday activities. Less and less people are carrying cash these days, so P2P apps help friends and family split bills and pay for a variety of other services. In November of 2021 70% of US citizens were using …
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April is National Credit Union Youth Month. The theme for 2022 is Save Small, Dream Big at your credit union. This month serves to encourage kids to develop healthy saving habits by making saving fun and exciting. CUNA or the Credit Union National Association is behind its creation. CUNA works to advocate for credit unions …
Every time you apply for a credit card, mortgage, car loan, or insurance, your application is judged in part by your credit score. Lenders use your credit score to determine whether to grant credit, and at what cost. The higher the score, the more likely you are perceived to repay the credit. Consumers with scores …