Category: Insights

Your credit score is made up of five factors: payment history, credit utilization, length of credit history, new credit accounts, and credit mix.  Understanding these factors allows you to make smarter credit decisions so you can earn a high credit score. In addition to learning how to optimize these factors, you also need to learn why they matter to lenders. … Read More

Just as music preferences and social norms shift from generation to generation, so do home buying habits. In recent years, Millennials have made up the largest percentage of homebuyers.[i] As more Millennials and Gen Zers make their way into the housing market, it’s important for lenders to tailor their customer experience to suit the unique needs and preferences of NextGen … Read More

In 2021 an estimated 42 million Americans had their identity stolen.[i] With the growing prevalence of data breaches and cybercrime, it’s no surprise that identity theft is on the rise. Dealing with identity theft can be upsetting, expensive, and time-consuming. Fortunately, there are ways to guard against it. One tool consumers can use to protect themselves from credit-related fraud are … Read More

From mortgage loans to credit cards, financing can help you accomplish your financial goals more quickly and conveniently than you could otherwise. If you want to take advantage of credit, you need to establish yourself as a trustworthy borrower. There are five factors that lenders use to assess your creditworthiness. These factors are known as the five C’s of credit: … Read More

Getting calls from debt collectors can be overwhelming and stressful. Additionally, having a collection account listed on your credit report can bring down your credit score considerably. You may be wondering just how much a collection can impact your credit score. In this article, we’ll discuss the credit consequences of having an unpaid debt go to collections. We’ll also review … Read More