https://blog.lendbuzz.com/wp-content/uploads/2016/03/credit_history.jpg 267 371 LENDBUZZ https://blog.lendbuzz.com/wp-content/uploads/2016/10/logo.png LENDBUZZ2016-03-21 09:35:402017-03-06 10:28:42What is a Credit Score and Why Should You Care?
In the U.S., your creditworthiness, meaning how likely you are to pay your debts, is represented by a number – that is your credit score. It starts building only as soon as you enter the country, disregarding any financial history you may have abroad. When you apply for a loan, a mortgage or a credit card, prospective lenders, such as banks, will use this number to assess the risk in extending you credit. The higher the number – the better. Your credit score plays a crucial role in determining whether or not you’ll be eligible for a loan, and at what interest rate.
https://blog.lendbuzz.com/wp-content/uploads/2016/02/shutterstock_275521532-1-371x267.jpg 267 371 LENDBUZZ https://blog.lendbuzz.com/wp-content/uploads/2016/10/logo.png LENDBUZZ2016-02-21 09:32:162017-03-06 10:33:165 Tips for Building Your U.S. Credit Score
Your credit score is the one number banks in the U.S. use when determining whether or not to extend you credit (and at what interest rate). It is extremely important for anyone living in the U.S. to build their credit score in order to get access to products like a good credit card, a mortgage, a lease on a new car, or even a phone line.
https://blog.lendbuzz.com/wp-content/uploads/2016/01/shutterstock_401943439-371x267.jpg 267 371 LENDBUZZ https://blog.lendbuzz.com/wp-content/uploads/2016/10/logo.png LENDBUZZ2016-01-20 19:46:222017-03-06 10:35:18Let’s Talk Cars: To Buy or To Lease?
It’s time for a new car and you’re a bit lost as to which option makes most financial sense? As always, the answer is not a clear-cut. You’ll have to consider your needs, financial means and lifestyle in order to choose the best option for you. Ask yourself when trying to make this decision: What kind of car do you want? How often do you plan on replacing your car? Can you commit to a minimum of 3 years in the U.S.? Do you require unlimited mileage? As experts in this field, here are some of our best learnings.