A credit score is a numerical expression based on a statistical analysis of a person’s credit files that shows the creditworthiness of that person. So it is important to have a good credit score so you can have lower rate, smaller monthly payment, and speed up credit approval. So it is very essensial to increase [...]

Reader Question Hi Ryan, How soon will my credit score improve after I pay off my debt? I am trying to figure out what is important. I was hoping you might be able to give me some insight. Thank you in advance. [name removed] My Response Hi [name removed], I wouldn’t expect a huge jump [...]