The latest from Lindsay
How Long Do Derogatory Marks Stay on Your Credit?
Missed payments, collections and other derogatory marks can stay on your credit reports for seven years or more.
5 Times Your Credit Card Issuer Can Raise Your Interest Rate
Credit card issuers can't arbitrarily hike up your interest, but your rate can still go up.
How Long Will a High Balance Hurt My Credit Score?
A credit score penalty for high credit utilization disappears once a new, lower balance is reported.
Don’t Get a New Credit Card When You’re Applying for a Mortgage
A new card can affect your credit score, which plays a big role in getting a loan and the interest rate you'll pay.
How Young Is Too Young to Start Building Credit?
You can help your child start building credit by adding him or her as an authorized user on your credit card.
How Do Credit Utilization Ratio and Debt-to-Income Ratio Affect My Credit Score?
Credit utilization ratio affects your credit score while debt-to-income ratio does not.
Why Are Closed Accounts on My Credit Report?
Paid-off loans and closed credit cards may remain on your credit reports for years, adding to the data on how you handle credit.
No Credit vs. Bad Credit: Which is Worse?
No credit means you don't have any credit record. Bad credit means you do and you've likely made some mistakes.
Revolving Credit vs. Installment Credit: What’s the Difference?
Revolving credit can be used continually while installment credit is finite in its terms. Both impact your credit.
I Have Great Credit But Didn’t Get Approved for a Loan – What’s Up?
Credit score is a major factor, but it's not the only thing lenders consider. Your income, amount of debt and type of employment can also trigger rejection.
Mortgage Rates and Credit Scores: Don’t Make a $30,000 Mistake
Make sure you know your credit score and run simulations to learn how failing to pay your bills on time affects your eligibility. Above all, don't rush.