Your credit score is more than a number. It impacts the lenders, loans, and interest rates available to you. So maybe your credit score has taken a few hits, or maybe you're just looking to give it a boost before applying for credit. The good news is, it's totally possible, the great news is that all it takes is a few healthy habits. So, no need to fret because below are 10 simple tips to get your credit score looking as green as Baby Yoda.
Balloon payments are large, lump-sum payments made at the end of a loan's term. They are most commonly found in car loans. Unlike a typical car loan, which is spread out over several years and involves monthly payments, balloon loans require one final payment to pay off the loan in full.