In everyday life, we often use the terms credit score and credit report interchangeably to describe the evaluation issued by a credit bureau regarding our creditworthiness. While both serve as tools ...

Tala believes in empowering the financial capacity of the Global Majority, and this year, Tala partnered with Empower and Transform’s Salve Ibañez to spread financial literacy and education through ...

Credit utilisation ratio is one of the most important factors that affect your credit score directly. Your credit score reflects your creditworthiness and credit history. Now, let’s understand what ...

Your credit score, which commonly refers to your FICO score, is calculated based on five factors: payment history, amount owed, length of credit history, new credit, and credit mix. FICO is not the ...

While your credit score is important, factors like age, income, profession, and debt-to-income ratio also influence loan and credit card approvals. Without using credit instruments like loans or ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...