It’s difficult to get exact answers to this important question. Every expert, credit bureau, and loan officer has a different opinion as to where the threshold between good and poor credit lies.
In addition, “good” can be a relative term. Do we mean “good” as in excellent, or “good” as in “good enough”?
September is National Preparedness Month Every year, September is designated as National Preparedness Month. This year the month has special significance because we are going through some particularly devastating economic…
Credit.org is proud to be accredited with the Better Business Bureau. We’ve been accredited since 1983—meaning that for nearly 40 years, we have earned the community’s trust. We maintain a…
It’s important to prepare thoughtfully for any interaction with a pawn shop. By understanding how that kind of business operates, you can have a successful negotiation if you need to…
If you’re planning an Independence Day celebration, it will probably involve grilling outdoors while you share the day with friends and family. That can get expensive, though. Once you’ve invited…
What is National Homeownership Month? Each June, we celebrate National Homeownership Month. Across the USA, agencies and individuals recognize the importance of owning a home and acknowledge the many benefits…
As we work with people to help them pay off their debts and achieve financial freedom, we see a lot of people taking a “wait and see” approach. Depending on…
For an individual, a debt ratio describes the percentage of your income that goes to debt payments. You’ll often see this described as a Debt-to-Income Ratio.
Your ratio is usually calculated based on your gross income. So if your salary is $3,000 per month, and your total debt payments every month are $300, your debt ratio is 10%. (3000 divided by 300 is 10).
There is a little bit of time left on the national suspension of evictions for nonpayment of rent. Under this order from the Centers for Disease Control and Prevention, the…
Every year, April is National Financial Literacy Month. As an organization dedicated to spreading financial literacy and education, we honor this yearly event with workshops & seminars, educational materials, and…
We’re well into tax season now, and there are some fiscally sound ways to handle your taxes that we always advocate. But this year is special, and deserves extra attention….
This year, Valentine’s Day might feel less romantic than in years past. Many are still experiencing economic uncertainty and some couples may want to stay safely at home rather than…
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