Financial Answers Hub

For most people, checking your credit score once a month is sufficient. However, check more frequently (every 2-4 weeks) when…

Closing a credit card can lower your credit score by increasing your credit utilization ratio and eventually affecting your length…

A good credit score to buy a house depends on the loan type. For conventional loans, you need a minimum…

To rebalance your investment portfolio for retirement, first reassess your ideal asset allocation based on your retirement timeline (more conservative…

Paid credit monitoring services are most worth it if you've been a victim of identity theft, were exposed in a…

Collection accounts typically remain on your credit report for 7 years from the date of first delinquency (DOFD) - when…

To calculate your debt-to-income (DTI) ratio for a mortgage application, divide your total monthly debt payments by your gross monthly…

You should contribute at least enough to your 401(k) to get your full employer match (typically 3-6% of salary). For…

Whether to pay off debt or invest depends primarily on interest rates and opportunities. Prioritize paying off high-interest debt (above…

With a 600 credit score, your best approval odds are with secured cards like the Discover it® Secured and Capital…