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Nerd Blog!

A cartoon image of a couple fighting. The man has his arms crossed while the woman is holdinga computer. They are surrounded by clipboards and paper.

The journey of divorce is undeniably challenging, as it brings forth emotional turbulence that can profoundly affect various aspects of life, encompassing living arrangements, finances, and even the welfare of children for those who are parents. Amidst this turmoil, you may be contemplating how divorce influences your credit. While divorce itself does not directly impact …

A cartoon man with glasses looking frustrated. He is holding a clipboard in one hand and a pencil in the other. He is pointing with the pencil at his credit report. He wonders "Why did I got declined?"

Receiving a decline notice can be frustrating and confusing, especially when you were confident in your application. In this article, we'll delve into the common reasons behind credit card, loan, or job application denials, helping you unravel the mystery of 'Why Did I Get Declined?' Common Reasons for Credit Denial Understanding why someone with a …

An image of a cartoon style man wearing glasses. He is wondering how he should adjust his budget for student loan payments.

The end of the coronavirus student loan payment pause has left many borrowers feeling stressed about resuming their payments. According to a recent survey, nearly 90% of student loan borrowers are anxious about this transition. With an average monthly payment of $203, finding extra cash flow in your budget can be a challenge. In this …

A cartoon image of a man wearing glasses. He is concerned about the how breaking a lease will affect his credit

How breaking a lease affects your credit is a common concern, but it doesn't directly impact your credit score. Typically, landlords don't report lease terminations to major credit bureaus like TransUnion, Experian, and Equifax. However, credit-related consequences can arise based on your financial behavior during and after breaking a lease. The critical factor is fulfilling …

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Keeping a good financial record means reducing negative stuff on your credit report. These things lower your credit score and can stay there a long time. Knowing how long they stay can be tricky. Usually, bad stuff can be on your report for 7 years, but not always. Sometimes, bankruptcies last 10 years, and hard …

An image of a woman wearing glasses. She is holding a paper with her credit report on it.

If you've recently tackled significant debts, settled loans, or diligently managed your credit utilization, you're on the right financial track. However, you might be wondering when these efforts will start reflecting in your credit score. Your credit scores play a pivotal role in lenders' decisions regarding your financial requests, but the process of calculating and …

An image of a cartoon style man wearing glasses. He is holding a map with location pins in one hand and a magnifying glass in the other. He is trying to rent an apartment but it worried about his credit score.

If you're in the market for an apartment, your credit score might be a source of concern, as landlords often conduct credit checks as part of their tenant screening process. Understanding the credit score required to rent an apartment can provide you with a competitive advantage, helping you feel confident in your application and enabling …

A cartoon image of a girl looking at her secured cards. She wonders if it will raise her credit score.

One common piece of advice to boost your credit score is to obtain a credit card. But what should you do if you can't secure approval for a standard credit card? This is where secured credit cards can be incredibly helpful. Secured credit cards require a collateral deposit, making them easier to qualify for than …