Introducing Credit Strong Business
The latest articles and advice to help you build credit.
Auto loans are one of the most accessible forms of debt in America. It usually doesn’t take too much to qualify for one, as evidenced by our nation’s car debt increasing by
The median mortgage borrower in 2021 had a credit score of 786.1 Most FICO® and VantageScore (the most popular credit-scoring models) scores both top out at 850, which
If you’re looking to learn more about credit scores, what a FICO score is (as well as bureaus like Equifax, Experian, and TransUnion), and how you measure up to other
Even the most financially savvy consumers can sometimes suffer setbacks that affect their credit scores. Fortunately, you can always recover from bad credit, no matter
Approximately 31% of Americans have a subprime credit score, a FICO® Score below 670.1 . If you’re in that group, you know how it's significantly harder to qualify for
If you want to build a solid financial future, then having a good credit score is necessary. A low credit score will make it harder for you to take out a personal loan or
Do credit builder loans really help people build better credit? We dug deep to find out. Our analysis included over 50,000 credit builder accounts from a nationwide
Your credit scores are based on the information in one of your credit reports from a credit bureau — either Equifax, Experian, or TransUnion. As a result, if you want a good
As a general rule of thumb, it takes about 3 to 6 months of payment history to build credit. Credit Strong reports payments monthly, so it takes about 3 months to see an initial
Most people think of credit cards as a good way to build credit, but credit cards are far from the only way to build your credit and payment
If you’re dealing with less-than-ideal credit, you know you have to take action. Opening new accounts that will be reported to the credit bureaus and making on-time payments
Why? People with 800 credit scores use credit differently than the vast majority of credit users. Sure, they do some of the same things you do: never miss a payment, try to
Credit card errors can significantly reduce your credit score and make it much more difficult to qualify for low-interest credit cards, loans, and other forms of credit. While
“The time it takes to rebuild your credit can depend on what hurt your credit in the first place, how much time has passed, and whether you’re adding positive info to your
You may be interested in building credit and saving money, but you aren’t sure what to expect from a Credit Strong account. Building credit can be frustrating and
Financial institutions offer two types of accounts to help people build or rebuild credit — credit builder loans and secured credit cards. Each has its benefits and
A Credit Strong account is the first fusion of credit building and an FDIC insured savings account available nationwide. Credit Strong allows you to grow your savings as you
Free tips on how to improve your credit and save for the future.
