How to Start Your Credit History
Credit Sesame’s guide to starting your credit history. Creating a strong credit history is the first step in opening doors to competitive financing options in your future. The content of your credit report influences both the types of loans and credit products you qualify for, as well as the costs associated with that financing, including […]
Your Annual Credit Report: What is it and is it Accurate?
Credit Sesame’s guide to your annual credit report. A credit report is a detailed list of your borrowing and repayment history. Credit reports are used by everyone from lenders to landlords to potential employers. What those users have in common is that they’re looking at your credit report to see what kind of risk you […]
What Do Slowing Sales Mean for The Housing Market?
Credit Sesame takes a look at the housing market, slowing sales and what this means for house buyers and seller. If you’ve been thinking of buying a home, you’re probably all too aware that it’s been a seller’s market. Home prices have been soaring since late 2020. However, recently released data suggest the tide may […]
Where to Check Credit Scores Online
Credit Sesame explains where to check credit scores online. Did you know that actively managing your credit score can drive it higher?You can’t manage your credit score effectively unless you monitor it. Do you know where to check credit scores? Monitoring your score lets you know how you’re getting on maintaining boosting it. You can […]
Personal Finance Weekly News Roundup May 28, 2022
Credit Sesame’s personal finance weekly news roundup May 28, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Plunging financial markets have cut U.S. household wealth Rising interest rates challenge buy now pay later programs Job market remains an economic bright spot Plunging sales may spell the end of home […]
Does Credit Card Pre-Approval Mean You Will be Approved?
Credit Sesame discusses credit card pre-approval and pre-qualification. Many credit card ads offer the chance to get pre-approved or pre-qualified. Some offers directed at you specifically may even say you’re already pre-approved. But what does this really mean? And is pre-approval a good thing? This article explains credit card pre-approval, and how it can work […]
How to Build Credit with Credit Cards
Credit Sesame explains how to build credit with credit cards. Can you really build credit with credit cards? You bet. But you can also harm your credit score if you misuse your plastic. We will cover: How to build credit with credit cards Best ways to build credit with credit cards Tips to building credit […]
Does Credit Card Pre-qualification Affect Your Credit Score?
Credit Sesame discusses whether credit card pre-qualification affects credit score. Credit card pre-qualification (or pre-approval) can be helpful. Credit bureau Experian reckons, “You’re more likely to be approved for a credit card for which you’re already pre-approved.” Pre-approval means you’ve met the basic qualifications that a card’s issuer lays down for a particular piece of […]
Consumer Credit Defaults Could Push Interest Rates Higher
Credit Sesame investigates the effect of consumer credit defaults on interest rates. Consumer credit defaults rose for the fifth straight month in April. That means more people are having trouble meeting their debt payments on time. This could be a sign that consumers are having a hard time coping with the economy. Even if you […]
How Do Credit Cards Impact Your Net Worth?
Credit Sesame looks at how credit cards impact net worth. Net worth is an important measure of the progress you’ve made financially. It measures how much money you’d have left over if you sold everything you own and used the proceeds to pay off all your debt. How do credit cards impact net worth? It […]
Personal Finance Weekly News Roundup May 21, 2022
Credit Sesame’s personal finance weekly news roundup May 21, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Consumers are defaulting on more debts Student loans rising for next school year Mortgages in forbearance declined last month Elon Musk puts a hold on Twitter deal High inflation a global […]
How Does the Credit Card Pre-approval Process Work?
Credit Sesame explains how the credit card pre-approval process works. Do you get regular mail shots from credit card companies telling you that you’re “pre-approved” for one of their products? If so, what does that mean? And can you get pre-approved yourself? We’ve taken a sneak peek behind the scenes of the credit card approval […]
How to Develop Good Financial Habits for Stress-Free Living
Credit Sesame looks at ways you can build good financial habits to make life easier and less stressful. When your mind is cluttered with thoughts and you can’t focus, it’s easy to feel overwhelmed. The same is true when your financial house is in disarray. Money mismanagement, disorganized finances, poor credit, and lack of financial […]
Tactics for a Debt-Free Life and More Control Over Your Money
Credit Sesame advises on how you can become debt-free and have more control over your money. Many Americans feel like they’re stuck in quicksand due to increasing debt. Credit card bills, medical expenses, student loans, and other obligations can quickly accumulate and leave you feeling helpless. But the truth is that you are not powerless. […]
Ordinary Americans Feeling the Impact of Stock Market Losses
Credit Sesame reported on Saturday that stock market losses continue. Why is this happening? Extended slumps in the stock market are always cause for investor angst. Given how much is riding on stocks these days, the sweaty palms and knotted stomachs may be especially severe this time around. A new report showed that household net […]
