Secured vs. Unsecured Credit Card

Woman with laptop and credit card

If you’re attempting to open a new credit card account with a bad credit score, you may have been recommended to apply for a secured credit card. What is the difference between a secured vs. unsecured credit card? The most notable difference is that secured credit cards require a security deposit to open, while unsecured […]

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How to Increase Your Credit Limit

Hands holding credit card and using laptop

Increasing your credit limit can be a great decision that if handled responsibly can lead to lower credit utilization, a higher credit score, and greater flexibility in your funds. Some credit card companies will automatically raise your limit, but many require you to submit a request. If you need to know how to raise your […]

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How to Dispute an Error on Your Credit Report

Credit report with score

From opening your first credit card account or financing your dream car to securing a long term loan, there are plenty of milestones in life that require a good credit score to get approved and secure desirable rates. Before you start applying, it’s smart to take advantage of the Fair Credit Reporting Act, which entitles […]

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Personal Loan vs. Personal Line of Credit

Credit cards

“Should I get a loan or line of credit?” This is a question many individuals find themselves asking at some point in life. No matter how well-prepared your finances are for emergencies, there may come a time when your savings are not enough to cover what you need. If you’re curious about the differences between […]

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Balance Transfer vs. Cash Advance

money

Here at Xpress Cash, one of the questions we’re frequently asked is “What is the difference between a balance transfer vs. cash advance?” While both options allow you to use your line of credit for cash, there are a number of differences you’ll want to know of before moving forward with either one. Below, we’ll […]

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What is a Credit Check?

When you apply for a personal loan or line of credit, or you’re trying to get a new credit card or credit limit increase on an existing card, your potential lender or card issuer will often require a credit check. What is a credit check, you may be asking? A credit check shows lenders a […]

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How Long Does it Take to Improve Your Credit Score?

Credit report with score on a desk

If you’re trying to take out a loan for a new house or car, a good credit score will put you on the fastest route to moving in or cruising around Michigan highways sooner rather than later. If you’re being held back by a bad credit score, you’re probably wondering, “how long does it take […]

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How to Get a Credit Card

Paying Credit Card Bill

Thinking it’s time to apply for your first credit card in Michigan? If you’re responsible with how you use your card, it can go a long way to start building up a credit history if you don’t currently have one, or raise your credit score if it’s not so hot right now. Learn more about […]

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How to Save for a Down Payment

One hundred dollar bills

Do you have future plans to take out a loan for a major life purchase, such as your dream car or a new home? Depending on your lender, you’ll likely be required to make a down payment. Whether small or large, saving for down payment can be a daunting task for many individuals. If you’re […]

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What is a Down Payment?

money

If you’re planning to take out a loan to make a major purchase in the near future, such as a house or a new car, you’ve probably been made aware that you’ll need to make a down payment on your purchase. If this is your first time navigating the process, you may be wondering, what […]

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