If you owe money to the IRS, you could wind up with a tax lien on your credit report, which could negatively impact your credit. Fortunately, you may be able to avoid a lien and its negative impact with a few steps.
There are a lot of things that can impact your credit score, from payment history to types of credit. But not every financial decision you make directly impacts your credit, and it’s important to understand what won’t hurt your credit score.
It’s important to build a positive credit history, but you may find it difficult to get new lines of credit if you have no credit or a low score. Fortunately, you have some options for building credit—the Equifax Experts explain.
Roughly 38 million Americans are still paying off their college loan debt, which totals more than $1 trillion. If you’re one of the many, here are four tips that can help you pay down your debt and move forward with your life.
Your credit score is an important part of your financial life, so it’s important to understand how it works. Test your credit score knowledge with our Money Matters quiz, and be entered to win up to $1,000.
Under certain circumstances, such as a job loss or illness, late payments may be unavoidable. Since payment history is weighted heavily when calculating your credit score, it’s important to understand the impact that these late payments may have.