A credit score is a numerical value used by the lenders in the US to determine the credit-worthiness of a borrower. A good credit score is an indication of the likeliness of the borrower to repay the debts owed by him/her. Along with a credit report, these credit scores help the lenders to assess the credit risks involved in lending a debt to a borrower.

Credit cards come with their own advantages and disadvantages, depending on how you use it. For instance, if you use your credit cards to spend more than what you can afford, you’ll likely be stuck with a lot of debt that will accumulate over the months or years. However, if you responsibly use your credit card, it can bring in a lot of value without hampering your habits and routine. One way a credit card can help is through credit card rewards.

A home loan is primarily a sum of money, which an individual borrows from a lender such as a non-banking financial institute or a bank at a pre-decided rate of interest. The home is regarded as collateral for the lender to grant a home loan. In case of such a loan, the lender has a legal right to recover the outstanding amount of loan via the sale of the collateral property if the borrower fails to repay the applicable dues in the decided tenure.

A mortgage calculator is an online tool that helps you work out your calculations before buying a house and also keep tabs on your monthly mortgage payments. Many variables are involved in a mortgage calculation, including the length of the loan, number of payments, interest rate, etc. Based on this, you can work out how your monthly loan payout can differ.

The bonds market is one of the most exciting securities markets that offers abundant investment opportunities. The bonds market keeps evolving day by day, and to stay ahead of the game you need to understand all trends related and factors that govern it. If you are someone who is just now delving into the world of bonds and are not sure whether you understand the different concepts and products within it, this article will help you polish your knowledge about high-yield bonds in particular.

Bullion investment refers to putting your money in physical gold or silver of high purity, which is mostly kept in the form of ingots, coins, or bars. To each their own reason for picking gold bullion as their preferred investment option, but you must weigh its pros and cons before putting your money into it.