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 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 22, 2025 | Credit Education
Understanding Credit Scores What Makes Up Your Credit Score? Your credit score can feel like the elusive dragon you chase. It’s made up of several components, but primarily it’s driven by your payment history, credit utilization, age of accounts, and inquiries....
by Rick Rose | Feb 20, 2025 | Credit Education
Building Credit History from Scratch Understanding Credit Scores Okay, so picture this: you want to buy a house but your credit score is barely in the double digits—sounds familiar, right? Understanding where your credit score comes from is key, and that’s where a...
