Archive for the ‘Loans’ Category

How Important is a Good Credit Score?

Eric asked: The most important factor that plays a deciding role in granting you a loan is of course your credit rating. A good credit score is a magic mantra in the loan market. It can help you get a low APR (Annual Percentage Rate) with negotiable payback terms. In other words, a customer with [...]

What is a Good Credit Score for an Auto Loan

Ryan asked: What is a good credit score for an auto loan? Unless you have a 760 or higher FICO score, it might be a good idea to review your credit report and see what you can do to improve your credit score.Generally speaking, a 760 FICO score will get you the very best rates [...]

Bad Credit Loans – How to Really Fix Your Credit Score

Liz Roberts asked: Having bad credit can be a huge dilemma especially when it comes to getting a loan. Since lenders want to reassure the credit worthiness of their clients, those with low credit scores can be immediately declined. Yes, bad credit loans do exist in the market, but if you want to stay away [...]