How to Fix Your Credit in 6 Months
Feeling discouraged by your latest check on your credit score? No need to worry, help is just around the corner to show you how to fix your credit score in 6 months. From strategies to improve your score quickly to the benefits of repairing your credit, we’ve got you covered. Introduction Until now, perhaps your […]
Can You Get a Home Loan with a 550 Credit Score?
When you’re trying to buy a house, mortgage lenders tend to rely heavily on your credit score in determining whether or not you will qualify for a mortgage loan. Typically, lenders consider scores in the mid-700s and above to be quality scores for lending purposes; however, qualifying for a mortgage and purchasing a house with […]
What is a Fair Credit Score?
Because nearly all big purchases you will make in your lifetime rely on your credit score or history in some form or fashion, it’s important to understand where you fall on the credit spectrum. If you’ve recently looked at your credit report and found you have “Fair” credit, do you know what that means? In […]
What are the Credit Requirements for Buying a Car?
Roughly 6.3 million people purchased a car in the United States in 2017. If you’re ready to buy your first car or think it’s time to upgrade, do you know if your credit will make the grade? In this article, we’ll look at the credit requirements to buy a car, what to expect when financing […]
How to Get Your Credit Score Above 700
Even if you have a history of late payments and your credit score isn’t what you’d like, here’s some good news — you can still turn your credit around and get your score above 700. From start to finish, we’ll tell you everything you need to know. Introduction At its most basic, your credit score […]
What is a 600 Credit Score?
From getting a new cell phone provider to purchasing a house, so many of the things we do can be impacted by our credit score. If you’ve recently found out you have a 600 credit score, this article will help you understand whether that’s a good or bad score, how it’s calculated, how to improve […]
What is a 580 Credit Score?
You’ve just learned you have a 580 credit score. Do you know what that means? Is a 580 credit score good or bad, or somewhere in between? What can you expect from lenders with a 580 credit score? Let’s take a closer look at this particular score. So, you’re at a 580 credit score – […]
The VantageScore 3.0 Model & How It Works
You’ve heard that your credit score is important. But did you know that you actually have several different versions of a credit score? Or that there are different models (or calculations) for scoring your credit? Here, we’ll take a look at your VantageScore 3.0. Why you need to know about the VantageScore 3.0 model VantageScore […]
What is a 720 Credit Score?
Wondering what your 720 credit score means? We’ve got you covered. This article reveals everything you need to know about a 720 credit score, including how it’s calculated, how to improve it, what it could get you, and more. What can you do with a 720 credit score? While there are a number of different […]
The United States Government Shutdown and How It Can Affect Your Credit
Recently the United States government shut down a portion of its workers. These individuals are either working or are furloughed, both not being paid. This can have a detrimental impact on bill paying and credit scores. Credit Sesame wants to give those who are directly or indirectly impacted information that can help keep their credit […]
What Affects Your Credit Score?
When a potential landlord pulls your credit report as part of their application process or when you apply for a loan for a car or a credit card, your credit score is also provided by the credit bureau so the lender can judge your financial well-being. Understanding What Affects Your Credit Score Knowing your score […]
How does being an authorized user affect my credit score?
Credit Sesame discusses how being an authorized user can affect your credit score. Your credit score is a three-digit number that gives potential lenders or creditors a way to quickly gauge your trustworthiness as a borrower. Typically, credit scores range from 300 to 850, with higher scores translating to better creditworthiness. A better credit score […]
How Credit Sesame Approval Odds Does the Hard Work for You
We all have those moments. You know the ones I mean—where you make every effort to do the right thing, only to hit a roadblock and be left wondering if you missed a nuance that could have changed the outcome. No one wants to get rejected, especially when finance and credit are involved, yet the […]
State of Finances: Millennials vs. Generation X
Being that millennials now make up America’s largest generation, what these young adults choose to do with their money is a hot topic of conversation. A report by Fidelity Investments that suggested 35-year-olds should have twice their salary saved prompted outrage on Twitter from a crowd of angry (and presumably financially-strapped) millennials. On the other […]
States with the Most Auto Loan Debt
A record number of Americans are taking out car loans. That’s according to the latest New York Fed Quarterly Report on Household Debt and Credit, which shows that since 2012, auto loan balances in the U.S. have skyrocketed, hitting a record high of $1.3 trillion in Q1 2018. Unlike mortgage balances, which have grown slowly […]
