When you have bad credit, you're more likely to get high interest rates for car loans and mortgages. Since those loans last years and even decades, that means you end up paying thousands of dollars more for the money you borrowed. Read more.
Closing a credit card account or loan account is a complex decision. Before you close any account, make sure to understand how it will influence your credit score going forward. Here’s a rundown to help you out. Read more.