Credit Scores Fall for First Time in a Decade: FICO Report

The typical American household needs an extra $11,434 a year to maintain the same standard of living it did in 2021. And nearly half of those with revolving credit card debt say spending on necessities contributed to their balance, according to an annual report from NerdWallet. Now, for the first time in a decade, consumer …

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Credit Score vs Credit Report: Know the difference for financial success

Credit scores and credit reports are among the most widely discussed subjects in the realm of finance and banking. Whenever you use a payment app or visit a bank or fintech’s website, they suggest checking your credit score and reading your credit report carefully.  So, what are these things, and are they really important? The …

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