All articles tagged: “Definitions”

(25 total)

Guide

61,560 views

7 min read

“What is Bad Credit?” (5 Factors to Consider & How to Improve It)

What is Bad Credit?

You’ve probably heard the commercials offering loans or other financial services to those with no credit or even... read more »

Linsey Knerl

By: Linsey Knerl • 7/15/16

Guide

42,108 views

3 min read

How to Calculate Debt-to-Income Ratio (DTI) & What It Means

How to Calculate Debt-to-Income Ratio

Your debt-to-income (DTI) ratio is a factor that lenders use in determining whether you’re a good risk for a loan.... read more »

Mike Randall

By: Mike Randall • 4/4/16

Blog

100,000+ views

3 min read

What Are “Revolving Credit” Accounts?

What Are “Revolving Credit” Accounts?

If you’re confused by some of the terms you hear regarding credit and the way it works, you’re not alone. Many... read more »

Mike Randall

By: Mike Randall • 6/18/15

Best Of

100,000+ views

5 min read

10 Best Finance Education Sites of 2015

10 Best Finance Education Sites of 2015

Besides that one economics class you took (because it was required), how much have you educated yourself about... read more »

Alexandra Leslie

By: Alexandra Leslie • 1/14/15

Blog

100,000+ views

3 min read

What is Your Credit Utilization Ratio?

What is Your Credit Utilization Ratio?

For anyone looking to improve their credit rating, it pays to know the basics of how our FICO scores are... read more »

Mike Randall

By: Mike Randall • 1/5/15

Blog

100,000+ views

3 min read

What is Bad Credit?

What is Bad Credit?

Most of us understand the concept of credit — it’s that thing that allows us to buy what we want or need, even when... read more »

Mike Randall

By: Mike Randall • 11/20/14

Blog

100,000+ views

5 min read

Bankruptcy 101: The 6 Chapters Explained

Bankruptcy 101: The 6 Chapters Explained

Bankruptcy can provide a much needed relief from overwhelming debts and a fresh start for everyone. Whether you’re... read more »

Stefanie O'Connell

By: Stefanie O'Connell • 7/3/14

Blog

100,000+ views

3 min read

Does Anyone Know What a Penalty APR Actually Is?

Does Anyone Know What a Penalty APR Actually Is?

When you open a new credit card account, you agree to a long list of terms and conditions. If you read closely, you... read more »

BadCredit.org Staff

By: BadCredit.org Staff • 4/8/14

Blog

100,000+ views

3 min read

What is a Specialty Data Report?

What is a Specialty Data Report?

We all know our credit report and credit score are meant to show our level of financial responsibility to potential... read more »

Mike Randall

By: Mike Randall • 3/31/14

Blog

100,000+ views

3 min read

Do You Know What a Good Faith Estimate Is?

Do You Know What a Good Faith Estimate Is?

If you’re a home buyer and are shopping around for a mortgage, you’re bound to come upon the term “good faith... read more »

Mike Randall

By: Mike Randall • 3/26/14

Blog

100,000+ views

3 min read

What is a Bitcoin?

What is a Bitcoin?

The digital currency known as Bitcoin has been all over the news. Perhaps it is because the value of a single... read more »

Mike Randall

By: Mike Randall • 2/4/14

Blog

100,000+ views

3 min read

What is a Jumbo Loan?

What is a Jumbo Loan?

On the surface, the explanation of what constitutes a jumbo loan compared with a conventional loan should be pretty... read more »

Mike Randall

By: Mike Randall • 2/3/14

Blog

100,000+ views

3 min read

What are Grey Charges?

What are Grey Charges?

According to experts, American consumers are being charged more than $14 billion per year on card purchases they... read more »

Mike Randall

By: Mike Randall • 1/29/14

Blog

100,000+ views

3 min read

What is a Letter of Explanation?

What is a Letter of Explanation?

When you apply for a mortgage loan, the lender is going to closely examine your credit history and financial... read more »

David Andrew

By: David Andrew • 12/6/13

Guide

100,000+ views

5 min read

How to Understand Basic Finance Terms

How to Understand Basic Finance Terms

Even with the best of intentions, our credit and finances may still not be as good as they could be. Often it is... read more »

Mike Randall

By: Mike Randall • 12/6/13

Blog

100,000+ views

3 min read

What is Quantitative Easing?

What is Quantitative Easing?

A lot of us have heard the term over the last few years, but few of us can describe it accurately in a... read more »

Mike Randall

By: Mike Randall • 12/4/13

Blog

100,000+ views

3 min read

What is an Adjustable Rate Mortgage and How Does it Work?

What is an Adjustable Rate Mortgage and How Does it Work?

When you apply for a mortgage loan, you will have the choice between a fixed rate mortgage and an adjustable rate... read more »

David Andrew

By: David Andrew • 11/29/13

Blog

100,000+ views

3 min read

What’s a Personal Line of Credit?

What’s a Personal Line of Credit?

If you are looking for a way to regularly take out short-term loans, a personal line of credit could be the answer.... read more »

David Andrew

By: David Andrew • 11/21/13

Blog

100,000+ views

3 min read

What is a Reverse Mortgage and How Does it Work?

What is a Reverse Mortgage and How Does it Work?

A reverse mortgage is a financial instrument that allows people over the age of 62 to access a portion of the... read more »

Mike Randall

By: Mike Randall • 11/11/13

Blog

100,000+ views

3 min read

Understanding Qualified Mortgages

Understanding Qualified Mortgages

Buying or building a home can be an overwhelming process, especially when you factor in the challenge of finding... read more »

BadCredit.org Staff

By: BadCredit.org Staff • 11/6/13

Blog

100,000+ views

3 min read

What is Liquidity?

What is Liquidity?

If you had to name the most important element of a financial strategy, what would you name? Many investors would... read more »

David Andrew

By: David Andrew • 10/28/13

Blog

100,000+ views

3 min read

What is a VantageScore?

What is a VantageScore?

Your credit score is an estimate of your riskiness as a borrower. Lenders will look up this score to decide whether... read more »

David Andrew

By: David Andrew • 10/25/13

Blog

100,000+ views

3 min read

What is Poor Credit Financing?

What is Poor Credit Financing?

When you apply for most types of financing, lenders will decide whether or not to lend you money based on your... read more »

David Andrew

By: David Andrew • 10/12/13

Blog

100,000+ views

5 min read

Understanding Your Credit Report: A Cheat Sheet

Understanding Your Credit Report: A Cheat Sheet

If you are in debt, you are probably thinking the last thing you want to do is look at your credit report. You are... read more »

Laura Slawny

By: Laura Slawny • 9/13/13

Blog

100,000+ views

3 min read

What is the Difference Between Bad Credit and No Credit?

What is the Difference Between Bad Credit and No Credit?

Unless you’re independently wealthy, it’s going to be virtually impossible to accomplish any typical adult goals... read more »

Steven Tumulski

By: Steven Tumulski • 6/17/13