Installment Loans – Advantage Credit

Student Loan Forgiveness

October 27, 2022 by Mindy Leisure Director of Rescoring Services

Starting this month consumers with student loans can start applying for the Student Loan Forgiveness Program. This program is for federally held student loans only and does not include private student loans. Individuals who make less than $125,000 and married couples making under $250,000 are eligible for up to $10,000 in forgiveness. If the individual … Read more

Installment Loans and Credit Scores

August 25, 2020 by Mindy Leisure Director of Rescoring Services

There have been a lot of questions lately about installment loans and their importance to a credit profile. Such as: Does an installment loan help or hurt? How much do the balances on installment loans affect a score? What about the payment amount? Is that a factor that is considered? What happens when its paid … Read more