“A good credit score will give you more access to borrowing, and a decrease in borrowing costs, whether that is a car loan, house loan, or some other type of loan,” he said. “If you don’t have a credit history to begin with, these costs are all going to be higher.” When ...
Your credit utilization includes all your available credit, including any credit card debt, personal loan, home loan, and auto loan in your name. In general, you want to keep your credit usage at or below 30%. This is because lenders may worry that you are overextended and at risk of ...
“It does seem like prospects are best for the unemployed as soon as they leave their jobs, so it might be a good idea to start job searching in earnest right at the beginning, rather than easing into job searching while on unemployment,” says Joanna Lahey, an associate professor at...