World Finance Named Newsweek’s World’s Most Trustworthy Companies 2023

When it comes to your credit score, you probably already know that your payment history, length of credit and credit usage have an impact, but did you know that inquiries on your report can also influence your score? Let’s dig into the difference between hard and soft credit inquiries – and how applying for a personal loan will impact your credit. 

Families are getting a much-needed boost this summer. A financial boost, that is. 

As of July 15, 2021, the IRS is paying half of the total Child Tax Credit, typically claimed with yearly income tax returns, in advanced monthly payments. For families who have taken a financial blow during the Covid-19 pandemic, this is really great news.

Mohammed Afzal was starting over. A single dad to a 14-year-old daughter in Waukesha, Wisconsin, Mohammed needed to rebuild his credit score, manage a new household budget and pay for extra medical expenses following his divorce.

After working for corporate healthcare companies for many years, Bobbie Mitchell set out to build her own small business in 2018. She now owns and operates a successful employment training and consulting firm in Louisville, but as Bobbie learned, making a significant life change and jumping headfirst into self-employment can bring a lot of challenges and bumps in the road. During a time of need in this transitional period, Bobbie turned to World Finance for help.

Your credit score is impacted by multiple factors, including past payment history, length of credit and your debt-to-income ratio (DTI). Understanding these criteria can help you achieve greater financial wellness and adopt behaviors that boost your credit score over time. Today we’re going to explore what DTI is and how it impacts your creditworthiness with lenders.

Over the years, DIY and home improvement have become a beloved hobby for many. (So much so, HGTV has made a whole television channel out of it!) Whether repairing things around the house, updating or remodeling, the possibilities are endless. In many instances, these improvements not only leave homeowners feeling empowered, they can also contribute to the overall value of the home when it comes time to sell.