Paying the minimum every month isn’t a great financial strategy. By paying above the minimum payment, you can save money, positively impact your credit scores and reduce debt faster. Learn how.

Most of us are aware that paying your bills late is not something you want to do. It can have a negative impact on your financial health and future and can start a spiral of unhealthy financial or spending habits. Yet, most people do not know how late payments are even reported to the credit bureaus.

You have every reason to know exactly why you were turned down for a new line of credit. Here are some examples of what are acceptable reasons to be rejected, and what creditors are not allowed to give you as a reason for rejection.

The equal credit opportunity act has placed many restrictions and regulated the process of obtaining credit. It clearly outlines things creditors are not allowed to do, and things they are allowed to do. It is important to know your rights, so read about them here!

There are many factors that play into applying for new credit. Creditors can be extremely judgemental, which makes sense because you are borrowing their money. There are specific things creditors frown upon as well as actions that they look for when it comes to granting you new lines of credit.

IdentityIQ has compiled a list about their most talked about topics for 2020, give them a read and get your questions answered!

Check out the newest information from CNBC about the new Corona Virus Stimulus check.

Have you ever wondered why you were not granted a line of credit that you applied for? There are four main points that credit grantors evaluate your credit based on, capacity, capitol, character, and collateral.