Credit unions are financial institutions just like banks, but they operate a bit differently. Here's what a credit union is and how it differs from a bank.
A credit facility is a type of loan made in a business or corporate finance context, such as revolving credit, term loans, and committed facilities.
Learn what a hard credit inquiry is, how it affects your credit score, and how to manage its impact.
Several factors affect your credit score, such as your payment history, what debts you owe, the length of your credit history and more.
If you're looking to borrow money but you don't have much of a credit history, a credit-builder loan allows you to demonstrate to potential lenders that you're able to make monthly payments.
A secured credit card is a type of credit card that is backed by a cash deposit, which serves as collateral should you default on payments. A secured card can rebuild credit.
Credit history is the ongoing documentation of your financial information, including repayment of your debts. Your credit history is an essential part of your credit report.
All about credit reports ; How often you paid your credit or loans on time, and the amount you paid ; A list of businesses that have obtained your report within a certain time period ; There are many different formulas used to calculate credit scores. The differences in the formulas may lead to differences in your credit scores.
What Is a Credit Crunch? A credit crunch refers to a decline in lending activity by financial institutions brought on by a sudden shortage of funds. Often an extension of a recession, a...
What Is a Credit Card? A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company that allows cardholders to borrow funds to pay for goods...