Momentum Blog

The Impact of Three Digits: Understanding & Improving Your Credit Score

In the world of personal finance, few numbers hold as much sway over your financial well-being as your credit score. This three-digit figure, often ranging from 300 to 850, can significantly impact ...
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How Rising Interest Rates Can Have a Negative Impact on HELOCs & Credit Cards

Many types of loans, including Home Equity Lines of Credit (HELOCs) and credit cards, have variable interest rates. This means the interest rate charged on the loan can change over time based on ...
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Understanding the Basics of Personal Loans: Your Gateway to Financial Flexibility

In today's fast-paced world, we often find ourselves in need of financial assistance to cover various expenses, whether it's for unexpected emergencies, home improvements, debt consolidation, or ...
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Top 5 Reasons It May Be Time To Refinance Your Auto Loan

Whether you want to lower your car payment or pay less interest on your car loan – see when refinancing your auto loan may be a good idea. #1 You want a lower payment If money is a little tight, ...
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Student Loan Consolidation: 7 Things You Need to Know

With student loan debt in the U.S. at $1.6 trillion dollars and the average student owing more than $37,000 by the time they leave school (many with multiple loans), it’s important to know the ...
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Tapping Into Your Home’s Equity: Top 4 Uses Of Home Equity

With the rise in home values, borrowing against your home’s equity can give you the flexibility to access funds when you need them for a large expense – like a home remodeling project, wedding or ...
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Women And Credit: Here’s How To Get On Solid Ground

For many years, research has shown that women in the U.S. are approved for less than men when they apply for credit products and are more likely to be denied outright. Perhaps because of this, women ...
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How To Build Up Your Credit from Scratch

So, you’ve never had a credit card or loan, and you’re trying to build a credit history from scratch. Building up your credit history from the bottom up can be a tricky business. You won’t qualify ...
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The Dos and Don’ts of Credit Repair

Looking for ways to improve an unfavorable credit score? Look no further! Our handy guide will help you get on the road to improving your score. Don't Expect quick fixes. There is no “quick fix” for ...
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