How to Help Your Teen Build Credit in 7 Easy Steps

Credit is an essential component of adult life. Once your teen grows up and is ready to rent an apartment, buy a car, or take out a mortgage, they’ll need a pretty good credit history. With a better credit history, they will be able to land better interest rates and more favorable terms, which may…

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Your Credit Score: How Much Has It Changed?

CFPB study reveals impact of one change to credit reporting It may be just a simple three-digit number, but your credit score plays a significant role in determining the interest rate you pay for credit cards, loans, and mortgages. Credit scoring agencies, such as FICO, use information from credit reports to rank consumers by a…

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