If you have bad credit, getting accepted for a loan can prove to be difficult. One way to improve your chances is to get a cosigner. What are the benefits of cosigning a car with someone? Are there any drawbacks? Cosigning isn’t for everyone, so let’s explore the pros and cons of cosigning a vehicle. Read the rest of this entry
Having good credit is essential in the finance world. Those with good credit are more likely to be approved for loans and receive lower interest rates as these borrowers are deemed low risk. So, what things can impact a person’s credit score? There are many different factors that are taken into consideration. Read the rest of this entry
Getting a car loan can be stressful, especially if you have bad credit. Not only that, but you are often given multiple payment plans with different interest rates and loan terms. How do you pick the right one? To better understand which loan you should accept, let’s see how the interest rate and length of a car loan will affect your monthly payments. Read the rest of this entry
Are you looking to get a new car but worried about your credit score and credit history? Wondering if it could hold you back from getting the car you want? Don’t worry, we’ve got the answers for how your credit score can affect your ability to get a car loan from Broadway Auto Credit! Read the rest of this entry
Checking and managing your credit score can be a confusing thing. There are lots of factors that go into your credit score, which means that there are a lot of ways that you could be lowering it without even knowing. Does checking my credit score lower it? Read the rest of this entry
One of the most important aspects of a person’s financial health is their credit score. But have you noticed that your credit score isn’t as good as you think it should be? Well, there are other ways to lower your score than just missing payments or having a lot of debt. Here are some ways you may be accidentally hurting your credit score. Read the rest of this entry
Credit scores are one of the many nuances that come along with adulthood. Whether you’re looking to buy a house, finance a vehicle, or get approved for any other type of loan, your credit score will end up playing a big part in the amount you can borrow as well as interest rates. While it’s easy to say that you should pay attention to your credit score, you might not be aware of the different factors that are calculated by your credit score. Here, we’ll go over the different elements that make up your credit score, according to FICO. Read the rest of this entry
People are always looking to improve their credit scores. It’s very important and raising it by just a few points can work wonders for you financially. For many though, they don’t know where to start or where to focus. That’s why we’ve made this list of five ways you can improve your credit score. Read the rest of this entry
When it comes to car buying, there are many factors to think about before you can finally take your new car home. There’s the process of figuring out what kind of car you want, which brand to go with, which model, which trim, and so on and so on. Once you have that figured out, there’s the matter of paying for it. Your credit score can greatly affect how much you pay for a new car, which is why it’s important to know what credit score you should have to buy a new or used car. Read the rest of this entry
There’s more than you might think in your credit score. With a lot of factors coming together to give you a number, it can be difficult to know what exactly yours is made up of. Here’s a great video that uses cupcakes to break down the different aspects of your credit score and how to manage them responsibly. Read the rest of this entry