Negative entries like late payments and charge-offs stay on your credit report for seven years - this is what's known as the "seven-year rule." ...

These credit score myths can sabotage your finances. Here's what to believe (and what to ignore) if you want to build better ...

A bad credit score can impact your day-to-day transactions and more serious financial decisions. You may pay higher interest on credit cards or be pushed to pay a larger down payment on your car.

Having bad credit is typically worse than having no credit whatsoever. No credit means you don’t have enough credit-related activity to generate a credit score, but bad credit means there are ...

Statistics show that there has been a significant increase in the level of outstanding consumer credit card balances. For a significant segment of consumers, costs for groceries, utilities, cars and ...

Buy now, pay later (BNPL) loans — the payment plans that allow you to break up a purchase into smaller installments — typically have no bearing on credit score. But that is about to change. In ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

In general, how much of a personal loan you can get depends on your credit scores, credit reports and income. Here’s how you ...

No credit means you don’t have enough credit-related activity to generate a credit score, but bad credit means there are blemishes on your credit report. Whether you have no credit or bad credit, ...