Amrita Jayakumar is a freelance writer and a former special assignments writer for NerdWallet. She covered personal loans and consumer credit and debt. In addition, she wrote a syndicated column about millennials and money. Previously, she was a reporter at The Washington Post. Her work has appeared in the Miami Herald and USA Today. Amrita has a master’s degree in journalism from the University of Missouri.
The latest from Amrita
UltraFICO vs. Experian Boost: Tools to Jump-Start Your Credit
Experian Boost and UltraFICO reward good financial habits that can go unrecognized in credit scoring models.
What Is a Loan?
A loan is a sum of money borrowed from a creditor that you pay back with interest. Loans can be secured or unsecured.
How Does Payment History Affect Your Credit Score?
Payment history is your track record of paying your credit accounts. It's the most important factor in your score.
What Is Credit History?
Credit history is defined as a record of how you’ve managed your debts. It makes up most of your credit reports.
What’s Your Money Personality? Take Our Quiz to Find Out
There are four common money approaches: worship, avoidance, vigilance and status.
How They Ditched Debt
These people tamed debt on their own terms. Read their stories to help inspire your own payoff process.
Will Experian Boost Strengthen Your Credit?
Consumers can add rent, streaming, cell phone and utility payments in their Experian credit report to build credit.
Employee Loans: Should You Borrow From Your Employer?
Employee loans are one way to get quick cash in an emergency — but avoid making them a habit.
How I Ditched Debt: Conquering College Credit Card Balances
Natalie Tomko aimed to pay off $50,000 in credit card debt by her 30th birthday. It took six years, a hardship plan and community support to do it.
What Is Predatory Lending?
Predatory lending benefits a lender at the borrower's expense. Learn the warning signs and how to spot a good lender.
Credit Lock vs. Credit Freeze: What’s the Difference?
It’s simpler to unlock your credit than it is to “thaw” credit freezes. A freeze may afford more legal protections.