The definition of bad credit can vary from one lender to another. Each lender or credit card issuer sets its own guidelines that determine what credit scores are high enough to qualify for financing ...

In July 2023, Kelley Blue Book cited figures from the Federal Reserve’s Survey of Consumer Expectations Credit Access Survey that showed that more than 14% of car loan applicants were rejected over 12 ...

Some card details on this page may be out of date. You might have heard about the importance of having a good credit score. But if you aren’t applying for a mortgage, does it really matter if your ...

The reprieve is over. The pandemic-related breathing room from student-loan payments is done, and the financial reality of repayment has returned for millions of borrowers. But beyond the strain on ...

A bad credit score can impact your day-to-day transactions and more serious financial decisions. You may pay higher interest on credit cards or be pushed to pay a larger down payment on your car.

When you apply for financing, like a credit card or loan, the lender that reviews your application is almost certain to check a copy of your credit report and credit score. With certain loans, like ...

Stream NBC 5 for free, 24/7, wherever you are. Many people don't understand why a common strategy that can help them pay down that debt — paying bills on time — isn't all it takes to improve their ...

Exploring credit repair is one way to begin the process of fixing a poor credit score and could make it easier to access credit with better terms and conditions in the future. While there are ...

A credit report dispute is a formal process that allows credit account holders to rectify mistakes and inaccuracies in their credit reports. Since lending institutions and banks depend heavily on ...