Your credit score needs to be enhanced in order to secure loans and credit cards at fair rates of interest. One of the most effective means of diversifying your credit mix and how exactly it can serve ...

When you check your credit score, you may notice a section called credit mix. Credit mix is how many types of credit you have ...

Whether you’re trying to improve your current credit score or you’re thinking about establishing credit, one of the key factors to consider is your credit mix. Your credit mix is essentially the ...

Higher credit scores pave the way to lower rates, potentially saving thousands of dollars in interest charges. The highest tier is anything over 800, which can unlock even better terms. Here's a ...

As we move towards the new year, boosting and improving your credit profile becomes essential. An improved credit profile can help aspiring borrowers unlock better loan terms, credit cards and ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

If you're trying to improve your credit score, it's important to understand how your credit score is calculated. While you do have many different credit scores, including VantageScores, about 90% of ...

Cancelling a credit card might seem like a simple way to cut costs, but it can impact your CIBIL score. While the dip is ...

But before you call the bank, it’s worth understanding how closing a credit card can influence your credit score. It’s not automatically bad. But it’s not always harmless either.