What You Need to Know About Federal Interest Rates
You may have heard that the Federal Reserve (the Fed) is considering raising or lowering interest rates, and that their decision could ...
The Four Types of Credit Accounts
When navigating the world of credit, it’s important to understand the different types of credit and how each one works. There are four ...
Are You Creditworthy? Understanding Credit Scores
Lenders look at a wide variety of factors, not just credit scores, to determine who they believe is creditworthy enough to borrow ...
How Often Do Credit Scores Change?
When it comes to your financial health, understanding how often credit scores change and the reasons they increase and decrease could ...
How Credit Score Impacts Interest Rate
How Your Credit Score Impacts Your Interest Rates Having a strong credit score can open many doors that allow you to achieve your ...
Best and Worst Ways to Use Credit Cards
Being approved for a credit card is the start of building credit. There are plenty of reasons why you may want to use your credit once ...
What is Annual Percentage Rate (APR) and How is it Calculated?
What is APR (Annual Percentage Rate)? The term APR, or annual percentage rate is an important term to understand when you’re applying ...
What is a Good Credit Score?
Wondering what constitutes a good credit score? Your credit profile is an indicator of your financial health to lenders. The better ...
The Difference Between Soft and Hard Credit Inquiries
The difference between a soft and hard credit inquiry is that soft credit inquiries (or a soft credit pull) will not impact your credit ...
6 Tips for Building Your Credit
Building good credit and improving your credit score can be a long journey — but it doesn’t have to be a stressful one. At Best Egg, we ...
How Credit Cards Work
Before you start swiping your plastic, it’s important to understand how credit cards work. A credit card gives you the flexibility of ...