NUECRED BLOG

Paying attention to your financial health is just as crucial as physical health. When accounts go past due or fall into collections, the ramifications can be far-reaching, affecting your credit score and your future ability to secure loans or credit. Prompt and effective action can help mitigate these impacts.

A credit score is akin to a financial report card. It provides lenders, landlords, and even potential employers with insights into your financial responsibility. A higher credit score signals reliability and responsible borrowing, leading to better interest rates and increased financial trustworthiness.

Raising your credit score by 200 points can be a reality with a little bit of dedication, monitoring, and determination. You need to understand what makes up a credit score, and what's considered “excellent” and “poor” decision-making when it comes to managing your finances and accounts.

Having a good credit score is essential in today's world, but unfortunately, it can be difficult to build up your credit if you have had past financial difficulties. Fortunately, there are several credit cards designed specifically for rebuilding your credit history.

A good credit score gives home buyers leverage when searching for mortgages and makes them eligible for better terms and interest rates which results in significant savings over the life of their loan!

By following these tips and using them proactively throughout 2023; we set ourselves up for success by giving ourselves space and structure now which allows us more freedom and flexibility later!

The Fair Credit Reporting Act (FCRA) was enacted in 1970 and has seen two amendments.

The Fair Credit Reporting Act (FCRA) was enacted in 1970 and has seen two amendments.

Buying your first house is often a challenging endeavor. It is no secret that American homes can cost lots of money.

It isn’t uncommon to hear people saying owning a home is the American Dream. This saying is part of American culture...