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 […]
The Most Important Factors Affecting Your Credit Score & How to Improve Them
The Federal Reserve recently announced that it would raise interest rates in June 2018 and that two more increases are planned for later in the year. After years of near-zero interest rates following the Great Recession, the June increase marks the second of the year and the seventh since the financial crisis, raising the target […]
States That Don’t Pay Their Bills on Time
At the national level, Americans are incurring more and more debt. Recent data from the New York Fed indicates that household debt reached a new high in the fourth quarter of 2017, standing at $13.15 trillion. This represents a 1.5% increase from the previous quarter and a 17.9% increase from the most recent low in […]
States with the Largest (and Smallest) Tax Burdens
Death and taxes are supposed to be the only two certainties in this world; however, this year a majority of Americans are feeling uncertain about their tax future. According to a new Gallup poll, 56% of U.S. adults are unsure whether the new tax bill signed into law by the president last December will cause […]
States with the Most Student Loan Debt
As of the fourth quarter of 2017, total student loan debt in the U.S. hit a record high of $1.38 trillion, up 152% over the past 10 years. For reference, total household debt only grew 6% over that same time period, according to data from The New York Fed. Outside of mortgages, student loans are […]
International Women’s Day Report 2018
March 8th is International Women’s Day and to recognize the financial plight of women everywhere, Credit Sesame created a report to showcase how far women have come, where they are falling behind and how perceptions continue to shift. Our International Women’s Day Report 2018 is a culmination of Credit Sesame data and surveys we have […]
Survey: Will Americans End Up Paying More or Less in Taxes This Year?
The new tax bill changes that President Trump signed last December was intended to reduce the corporate tax rate from 35 percent to 21 percent, along with reducing the individual tax rate to 37 percent. Other notable changes include doubling the standard deduction, reducing income tax rates and doing away with personal exemptions. So, what […]
Mortgages 101 – An Introduction
Start your mortgage research with a basic understanding of some of the most common types of home loans, and how they differ from one another.
How to Apply for a Mortgage if You’re a Freelancer
Find out how to overcome some of the unique challenged faced by self-employed borrowers.
