Are you one of the millions of Americans with no credit or bad credit? Don’t worry; you’re not alone. Establishing credit is one of the biggest challenges for people who don’t have a long credit history. But don’t despair – there are ways to establish credit and improve your credit score.

For many Americans, owning a home fulfills the American Dream. However, rising costs and stricter lending standards have made it difficult for many people to qualify for a traditional mortgage. Fortunately, some alternative lenders, like Associates Home Loan, are willing to work with borrowers with less-than-perfect credit.  Associates Home Loan offers a variety of loan programs, including FHA loans, VA loans, and conventional mortgages.…

Bad credit can be a serious problem for your future. When you’re looking to take out a loan or begin your own company, having the right score can make all the difference. Those who have low scores are often viewed as a risk by lenders and are denied the chance at finding fair financing options. While you might not be able to change your score in an immediate way, there are several steps you can take to make a positive impact on your score.

Give yourself a moment to take a look at some of these ideas on how you can improve your score.…

If you happen to be a person who generally takes up bank loans, then you’d perhaps be aware of the significance your credit score holds. Simply put, credit score is a numerical expression of a person’s creditworthiness. Credit scores allow lenders to access the borrower’s financial soundness.

What is categorized as ‘good credit score’?

Generally, a credit score in excess of 700 is considered ‘good’. If your credit score is over 850, you will fall under the “excellent” category. A credit score of below 600 is considered “poor”. If availing credit facilities at cheaper interest rates happens to be your goal, then maintaining a credit rating of over 750 is advisable.…