by Rick Rose | Feb 26, 2025 | Credit Education
Understanding Credit Utilization What Is Credit Utilization? So, let’s break it down. Credit utilization is the amount of credit you’re using compared to your total available credit. If you’ve got a credit card with a limit of $5,000 and you’re carrying a balance of...
by Rick Rose | Feb 25, 2025 | Credit Education
Understanding Authorized User Accounts What is an Authorized User Account? Let me break it down for you—an authorized user account is when someone is added to someone else’s credit card account, but they’re not responsible for paying the bill. Think of it...
by Rick Rose | Feb 25, 2025 | Credit Education
Understanding Debt Consolidation What is Debt Consolidation? Hey there! Let’s kick things off by breaking down what debt consolidation actually means. Simply put, it’s a way to combine multiple debts into a single one. This makes it easier to manage because...
by Rick Rose | Feb 24, 2025 | Credit Education
Understanding Credit Inquiries What Are Credit Inquiries? So, let’s start with the basics. Credit inquiries are those little checks that financial institutions conduct to see how you’re doing on the credit front. Think of them as a peek into your financial history....
by Rick Rose | Feb 24, 2025 | Credit Education
Understanding Credit History What Is Credit History? So, let’s kick things off with the basics! Your credit history is essentially a record of your borrowing and repayment activities. It shows lenders how you’ve managed credit in the past, including credit cards,...
