Browsing Category

Bad Credit

Average Credit Scores by Race

A study of average credit scores for different racial groups shows substantial disparities, with Hispanics scoring at the national average and the average black score falling well below that level. Meanwhile, White and Asian…

5 tips to escape bad credit

Having a bad credit history not only means your inability to maintain financial discipline, but also prevents you from qualifying for loans in the future. However, you may have personal reasons for not paying your debt on time. If…

What is a deferred payment?

A deferred payment is a payment that is postponed to a later date. When it comes to auto loans, there are different ways to use deferments. Deferred payment incentives Offers and incentives can take many forms when it comes…