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Q3 Industry Insights: Inflation and Interest Rates Drop, Christmas Comes Early

True Accord

Core prices, which exclude the more volatile food and energy costs, remained elevated in September, due in part to rising costs for medical care, clothing, auto insurance and airline fares. The Consumer Price Index rose just 2.4% in September from last year, down from 2.5%

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Start Building Credit Before You Turn 18

Credit Corp

At minimum, it’s good to have at least one revolving credit account like a credit card and one installment account like a student loan or car loan. Make sure you manage your bank accounts well and avoid overdrawing your funds. This refers to having a variety of credit account types on your credit report.

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A Guide to Auto Loans in 2022

Better Credit Blog

Examples include using a mortgage to purchase a home or investment property, or a student loan to get a college education. Subprime loans have been credited with causing the Mortgage Meltdown back in 2008 and 2009, and they’re no longer available for mortgage financing. Auto dealers work very closely with subprime auto lenders.

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