If you’re borrowing money, whether it’s through a credit card or a personal loan, you’re creating debt that you have to repay, usually with interest. However, not all debt is the same. There are two main types of debt: secured…
When it comes to applying for a loan or any type of lending product, understanding your debt-to-income (DTI) ratio is crucial. Your DTI ratio compares your monthly debt payments to your total monthly pretax income. This percentage is important to…
If you’re a college student, you likely have a lot on your plate between classwork, extracurriculars, and a part-time job (or two). Between all of these responsibilities, the task of building a good credit score may not be at the…
Whether you’re a business owner or an individual, having credit cards in your wallet can provide convenience and rewards. While business and personal credit cards may seem similar, there are several factors that differentiate the two. If you’re considering getting…
When it comes to applying for your first credit card as a student, you may find yourself torn between a student card and a secured card. While both types of cards serve the same purpose of allowing you to make…