Can a Personal Installment Loan Help My Credit?

Depending on your current financial and credit situation, a personal installment loan could help boost your credit score by adding diversity to your credit accounts and by creating a history of on-time payments.
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Understanding What’s on Your Credit Report

Reading your credit report for the first time may be confusing. There’s a lot of information included about your loans, credit lines, and accounts. Checking your credit report from each of the three credit reporting bureaus each year and understanding the information is an important part of your financial health.
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