Credit Scores Archives - Stilt Blog

At a Glance: The biggest negative effect on your credit score comes from missed payments. However, this effect is not instant. Your credit score only gets affected 1 or 3 months after you miss the payment for private and federal student loans respectively. Student loans are a special type of loan and you may be […]

As an adult, it’s only natural to be concerned about your credit score. After all, it can affect many aspects of your life, from something as minor as getting a smartphone plan to something as major as buying your first home. In this article, we’ll answer what your credit score starts at as well as […]

Renting an apartment can be challenging, especially in areas with a competitive housing market and high rent. Many landlords require renters to have a good credit history to show that they will keep up with rent payments. In these situations, you may wonder how you can get an apartment with bad credit (similar to trying […]

Renting an apartment can be challenging, especially in areas with a competitive housing market and high rent. You may have noticed that landlords often require that you have a good credit history to show you will keep up with rent payments. In these situations, you may wonder what credit score you need to rent an […]

Every tenant knows that renting a property means letting your prospective landlord check your credit history. That said, did you know that renting, by itself, can actually have an effect on your credit score? In this article, we’ll talk about how your rent payments affect your credit score and whether or not they can help […]

A credit score is needed to obtain various benefits, such as loans. But in order to have high chances of obtaining a benefit, your credit score must be good. It is very difficult to build a credit score, especially when you are doing it from scratch, and it can also be very challenging to maintain […]

Before answering this question, let’s know what credit score is? The credit score of an individual determines his or her creditworthiness. It is a number between 300 to 850. The higher the score, the better are your chances of getting a loan easily. This is a question that is quite often asked by people who […]

Multiple hard inquiries can put a serious dent in your credit, especially if you have a relatively short credit history. Incurring too many hard inquiries is an easy mistake to make.  Say you’ve just rented a new apartment. The leasing agent may have checked your credit with a hard inquiry. Then, maybe, you apply for […]

At a Glance: There are few inobvious reasons why your credit score may have gone down, including a hard inquiry, a closed account, or credit utilization above 30%. You pay the same bills, use and pay off the same credit cards, and have the same number of loans every month. And yet, your credit score […]