SMA in a credit report: Meaning and impact on your credit score

When a loan EMI or credit card payment is overdue for up to 90 days, it reflects in the individual’s credit report as SMA. The bank can reject new credit applications if there are SMA(s) in the ...
MoneyLion on MSN

If your credit score is under 740, make these moves now

While 740 and around that is a solid score indicative of good credit habits, you're perfectly positioned to make it climb ...

I Never Learned the Most Important Money Lesson When I Was Young. Now I’m Dealing With the Difficult Consequences.

Pay Dirt is Slate’s money advice column. Have a question? Send it to Kristin and Ilyce here. (It’s anonymous!) Dear Pay Dirt, I am 27 and looking to pay off as much debt as I ...

The Stats Behind Game #42: Buffalo 5, Canucks 3

To wrap things up, the duo of Filip Hronek and Zeev Buium had a strong showing in this game. During their 17:10 of ...

PREP BOYS BASKETBALL: Goshen knocks Fairfield down a peg in battle of unbeatens

There’s really only one way to play a game of Rock ‘Em Sock ‘Em Robots. Mash those buttons and watch the haymakers fly. Much like the plastic tabletop game, the battle between undefeated Goshen and ...

We Finally Paid Off Our Last Piece of Debt. I Didn’t Expect It to Backfire Like This.

My husband and I recently paid off our car loan early. It was the last piece of debt we had. We did so to prepare for our ...

Taking out a loan? First make these 5 smart moves to raise your credit score - whether you have weeks or months

With even a brief window, motivated borrowers can quickly boost their credit scores before applying for a loan, allowing them to qualify for better interest rates.

Your Chances of Raising Your Credit Limit May Be Better Than You Think

A great time to request a credit limit increase is when your credit score moves FICO score ranges. For example, if you go ...
Inside Higher Ed

Grad Loan Caps Could Hurt Students With Low Credit Scores

Researchers found that four in 10 borrowers have credit scores too low for private loans, raising concerns that the new ...
Stacker on MSN

Minimum payments myth and more decoded: What 50% of US consumers don’t know about managing credit wisely

Credit One Bank reports that a survey reveals 50% of U.S. consumers misunderstand credit scores, impacting financial ...

‘Mormon Wives’ star Miranda McWhorter made a $12,849 credit card mistake. Here’s what went wrong and the money lessons you can use

When a creditor sues over unpaid credit card debt, the clock starts ticking. If the defendant fails to respond by the court deadline — usually a few weeks — a default judgment can be entered ...