Did You Know? The Real Impact of Credit-Getting A Job

A credit report is basically a compilation of your credit history. Your credit score is an estimate of your credit risk, which is based on your credit report. Lenders use this data to determine how likely you’ll be to repay a loan or line of credit. The lower the credit score, the harder it will be to get approved for a loan or land a good interest rate.

However, the impact of your credit score and credit history doesn’t stop with lenders. It can actually affect many other aspects of your daily life. For starters, did you know…?

Did you know credit can impact your ability to land a job?

Are you in the job market? According to a 2010 survey by the Society for Human Resource Management, 13 percent of companies checked credit reports of all candidates when evaluating potential hires. About 47 percent checked select candidates.

Struggling with Credit Card Debt?

A debt management plan can help:

Consolidate monthly payments
Lower interest rates
Eliminate collection calls

Get Debt Help

Getting help from family is an alternative to payday lending

Try These Alternatives to Payday Loans

Payday loans, or payday advances, are typically two-week loans between $100 and $500. A consumer provides a payday lender with a post-dated check and receives cash for the check amount instantly, minus a 15 to 30 percent finance charge. When expressed as an APR (annual percentage rate), this rate can exceed 600% in states where […]

How Do Young Adults Establish Good Credit?

Establishing good credit is an essential step for young adults who are looking to purchase a car, a home and achieve other milestones. Additionally, many employers now review applicants’ credit histories as part of the hiring process. Establishing and maintaining good credit is vital to future success, but it can also be challenging. Here are […]

Tips for Using Credit Cards Wisely

There’s a lot of conflicting advice on using credit cards wisely. Some experts warn that cutting up cards and using cash for every purchase is the only sure path to financial well-being, while others suggest healthy credit card use is necessary for building a good credit score. Here are 13 must-do tips for using credit […]