Great Credit Articles

There are many instances in life when your credit health gets examined. For better or worse, your credit score (and even credit history) can play a huge factor in achieving many of life’s goals.

It’s no secret that your credit history and score play an important role in your financial life. Your credit can both open doors for you and close them, depending on whether or not you have built a strong history over the years.

For many Americans, personal loans have become a popular new way to finance large expenses — and a way to avoid racking up high-interest credit card debt. The trend has coincided with the rise of digital lenders (aka, fintechs) that can offer consumers personal loans at competitive rates with flexible repayment plans, all through an easy online process.

Establishing good credit behavior is beneficial for a consumer — doing so over a long period of time is all the more advantageous. As is common with many things in life, the longer you excel in something, the more proven a track record you will have built. That’s why the length of a consumer’s credit history is an important aspect in determining their creditworthiness to credit card companies, lenders, and any other party that would access a person’s credit report.