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  • What Factors Affect Your Credit Score? A Complete List

    by on Jul 07, 2021, 03:19 PM

    Credit scores are still the conventional way for lenders to gauge whether consumers represent a worthwhile risk for a loan. Your score might not give a complete picture of your financial situation, but lenders will view your score as a strong indicator of whether they will get their money back. But what factors affect your… View Article

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  • The Difference Between a Soft vs. Hard Credit Check

    by on Jun 30, 2021, 03:09 PM

    When trying to build or improve a credit score, most consumers focus on the biggest contributor: paying bills on time, which is about 35% of a score. However, other factors contribute to a credit score. These include credit utilization, or how much credit you’re using vs. what has been extended to you (this makes up… View Article

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  • What Credit Score Do Lenders Use for Home Loans?

    by on Jun 08, 2021, 10:56 AM

    If you’re looking to apply for a loan to buy a home, you’ll need to find out your credit score. Lenders will use your credit score not just to guide their decision on whether to approve your loan or not, but also to set the interest rates and other conditions. Here are the credit scores… View Article

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  • Wellness Isn’t Just About Health: How to Help Employees Deal With Financial Stress

    by on May 31, 2021, 10:46 AM

    If you could add just one thing to your salary and benefits package that would help employees deal with financial stress, what would it be? A raise? A bonus? More hours? Recently, many employers have begun to offer financial wellness benefits. Sixty-two percent of employers feel “extreme responsibility” for their employees’ financial wellness. That’s a… View Article

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  • 9 Questions You Should Ask Your Mortgage Lender

    by on May 28, 2021, 02:07 PM

    With mortgage rates still historically low, now is a good time to start searching for a mortgage lender in order to secure your first home or upgrade. Think long term, however. A home loan is a 15- to 30-year financial commitment, so it’s important to balance the upfront process and service with some big picture… View Article

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  • Credit Monitoring Services for Employees: Why Offer Them?

    by on Apr 21, 2021, 11:52 AM

    Health benefits have long been a key component of employee compensation packages. However, in this time of the pandemic, benefits packages have extended to include services revolving around wellness — both health and financial. Issues related to money, savings, investing and spending can affect employees’ well-being, which in turn affects their performance in the workplace…. View Article

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  • How to Take Out a Loan With Bad Credit

    by on Apr 13, 2021, 04:44 PM

    A loan can help you out of a tight spot, help you pay for something you can’t afford out-of-pocket, and is great for building credit (but can hurt your credit, too). Whatever the reason is, you may already know that your credit score is important to the lender. So how do you take a loan… View Article

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  • How Financial Stress Affects Employees: 3 Things to Watch For

    by on Apr 09, 2021, 05:10 AM

    Can employers quantify the effects of employee stress? According to a survey of more than 10,000 Americans by Salary Finance, U.S. businesses lose $500 billion per year due to employees’ personal financial stress. Nearly one in two U.S. employees are worried about money, leading to depression, panic attacks, sleepless nights and distractions at work; this… View Article

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  • 3 Benefits Employees Want When it Comes to Financial Wellness

    by on Apr 06, 2021, 05:23 PM

    When employees are not well, they cannot function properly at work. Physical illness is not the only measure of wellness; mental health and financial health needs have been attracting more attention as these two aspects contribute greatly to an employee’s ability to perform. But unfortunately, employees may not be so open about discussing these, which… View Article

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  • The First-Time Home Buyer Checklist

    by on Mar 30, 2021, 05:05 AM

    Owning a home is still an integral part of the American Dream, and almost two million Americans each year make homeownership a reality for the first time. Yes, it’s a complex process that can take months to complete, but the good news is that 18% of first-time buyers in 2020 reported a smooth, positive experience…. View Article

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