Blog
BadCredify’s blog is aimed at promoting financial literacy and helping you build wealth. Check out our practical tips and expert advice for more insights on the lending and finance.
How Often Does Credit Score Update?
Building credit is a lengthy process that requires patience and responsible approach. Besides your financial behavior, credit score update frequency also determines how fast you can see positive changes. Learn how often this updates occur and how everyday financial activities can influence your credit profile.
Co-Borrower vs. Cosigner Roles Explained
Co-borrowers and cosigners might sound similar, but their roles differ greatly. Learn more about each option and choose the arrangement that suits your situation and goals.
Types of Personal Loans: Pros, Cons, and Best Uses
Personal loans come in many shapes and sizes. Discover the different types available, from secured to unsecured, and find the right one for your financial needs.
Are Personal Loans Taxable?
Personal loans are generally not considered your taxable income, but exceptions exist. Read on and learn more about the tax implications of personal loans and find out under what circumstances you might owe taxes on borrowed money.
Understanding Interest Rates: Key Concepts
An interest rate refers to a cost of borrowing expressed in a percentage of your principal loan amount. While it sounds simple, there are some things you should know about interest rates to make informed loan choices. Let’s take a look at types of interest rates, how they are determined, and their role in your financial future.