Does Getting a Co-Signer Hurt My Credit?

Credit 101

Does Getting a Co-Signer Hurt My Credit?

Does Getting a Co-Signer Hurt My Credit?

When you don’t have a credit score good enough to get a loan, it’s easy to feel stuck. It takes credit to build credit, after all. Some borrowers turn to friends and family to help. Specifically, they may ask someone in their life to co-sign for them. When someone co-signs for an account on your behalf,... Read More

3 Red Flags That You’re Headed for Credit Card Debt

Managing Debt

3 Red Flags That You’re Headed for Credit Card Debt

3 Red Flags That You’re Headed for Credit Card Debt

Another month, another credit card bill. This time, you can’t even bring yourself to tear open the envelope because you already know what it says: You owe more money. Just the thought of paying it fills you with dread, which should be enough of a sign to show there’s a problem. Here are some other red flags that indicate your... Read More

How to Get Your Student Loans Out of Default (Without Getting Scammed)

Students

How to Get Your Student Loans Out of Default (Without Getting Scammed)

How to Get Your Student Loans Out of Default (Without Getting Scammed)

Federal student loans have grown to become a national problem, with total amounts far surpassing all other types of non-mortgage debt. Even as auto loan and credit card delinquencies remain at historic lows, student loan default rates have remained a consistent problem despite several attempts by the federal government to offer relief and streamline the... Read More

This is Why Wages Haven’t Increased in 50 Years

Personal Finance

This is Why Wages Haven’t Increased in 50 Years

This is Why Wages Haven’t Increased in 50 Years

Most experts will agree the economy has improved dramatically from its pale, feeble days during and directly after the Great Recession. Unemployment is down (even if there are a few caveats), low interest rates make it easier to make big purchases, and the stock market has largely recovered, except for a few bumps along the way.... Read More

The Strange Connection Between Car Insurance & Hurricanes

Auto Loans

The Strange Connection Between Car Insurance & Hurricanes

The Strange Connection Between Car Insurance & Hurricanes

Meteorologists and weather reporters often whip up a frenzy about major impending storms, and though many of these peter out with little impact, others leave devastating wreckage in their paths. When these storms are predicted, many folks want to prepare for the worst — power outages, evacuations and potentially sizable property damage. Folks fearing major... Read More

Show Me More

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.