DTI stands for Debt-to-Income and is determined by dividing total debt by monthly income. High DTI is risky for the lender & borrower.
The earlier you start building your credit, the better. Here are some tips and tricks for building your credit early on without spending a lot of money.
Infographic of tips and information for amplifying and improving your credit score, courtesy of Amplify Credit Union in Austin, TX.
Given how complex they are, it's no surprise that a lot of credit myths exist. Clear the air with these credit myths worth forgetting.
Your credit score is a reflection of your payment and credit history & affects the interest rate on your loan. Knowing your score can help you save money.
Your credit score is used to determine the interest rate on your loan, but whether or not you're approved is mainly determined by your credit history.
Improving your credit score starts with understanding why your credit score is what it is and how your credit score is calculated. Learn more here!
Financial hardship can happen to anyone. Here are some tips for improving your credit score and getting on track to healthy credit and finances.