We all know credit is important, but finding the right resources to make sure you’re staying on top of it can be a challenge. There is so much information out there, but Sezzle is here to help you navigate through it all. To help kickstart your credit building journey we’ve compiled these resources: Building Your Credit Join Sezzle’s Free Credit Reporting Tool, Sezzle Up Sezzle Shoppers that have paid off an order are eligible to sign up to have their payment history reported to the 3 main credit bureaus: Equifax, Experian, and TransUnion. What does that mean? Shoppers who pay their Sez ..read more

Are you ready for a truth bomb? Credit isn’t something to be afraid of! But rather, something you should know how to use to your advantage to make certain life choices easier. Good standing credit comes in handy more often than you might think — it’s not all about mortgages and cars. There are everyday decisions you may not even realize credit has relevancy, like buying a cell phone or paying less interest on student loans. It’s important to distinguish good credit from bad, and how it works in your favor. Get started with Credit Karma today to see and monitor your credit score over time ..read more

The new year is life’s way of giving us a fresh start — a clean slate of opportunities. That’s where new year’s resolutions come in! Before you roll your eyes, resolutions aren’t necessarily pie-in-the-sky wishful thoughts. We like to think of resolutions as “intentions”. They can be practical, like making time to read more, learning a new language, or working on a fitness regimen. And financial goals are no exception. If you’re ready to take control over your budgeting and spending habits, we’re here to help financially empower you.  Make 2022 the year of you with these attainable fi ..read more

Ho-ho-holy cow it’s almost the holidays. While we don’t know how those 300 plus days come and go so quickly, we do know some of the best ways to get the most out of your holiday shopping. Below are helpful tips for a smooth shopping experience: 1. Don’t Blow Your Budget After you’ve made a list of people to shop for (and checked it twice!) be sure to carve out a budget. Once that’s in place and you’ve divvied up spending for each person, stick to it! Overspending during the holidays, an already financially straining season, is a one-way ticket to headache town, population: you. 2. The ..read more

What is credit utilization? When trying to build your credit score, it is important to understand the concept of credit utilization, also referred to as the debt-to-limit ratio. Credit utilization is the total of all balances on your credit cards divided by the total of all your credit limits. So basically, it calculates how much of your available credit you are currently using. The less available credit you use, the better it is for your credit score.   Credit utilization can be calculated on a per-card basis, but it’s more common to assess your overall credit utilization by looking a ..read more

What is a Virtual Payment Card Virtual payment cards are debit or credit cards that exist entirely online but can be used in the same way as any other payment method. You receive a unique 16-digit card number, plus your expiration date and CVV. You can use your Sezzle Virtual Card at select Sezzle merchants just like you would use your normal credit or debit card — over the phone, online, and even in person as long as you have the card details. When you create a Sezzle account, you will have the option to generate a Sezzle Virtual Card. It acts as a debit card for the merchant, but we create a ..read more

One of the many benefits of Sezzle is the ability to build your credit! When you upgrade to Sezzle Up, you consent to having us report your Sezzle payment history on your behalf. By making your payments on time, you can increase your credit score, whereas missed payments may adversely impact your credit score. To ensure you are on the road to success, continue making responsible purchasing and repayment decisions. Please see below for some of the most frequently asked questions about Sezzle credit reporting!  What type of credit does Sezzle show up as?  Sezzle will show up as a line ..read more

Sometimes the simple act of opening a new line of credit can cause your credit score to slip a bit, but this is nothing to worry about! This is just  a temporary dip due to the recent action of opening a new line of credit. As you continue to repay your bills on time however, you will see your credit score increase. Why?  Any time credit is reported, the following things are taken into consideration: Age of the account Your total limit as well as your outstanding balance Payment history Type of account When you open a new line of credit, a loan, or a credit card (basically any t ..read more

Ever wonder what really drives your money decisions? For example, when you get cash for your birthday, do you tend to spend it all at once, or tuck it away? Or, when money drops into your bank account on payday, what’s the first thing you do? Just like how the Myers-Briggs personality test can reveal how you see the world and go about making decisions, your answers might be rooted in your money personality—and could help you uncover the “why” behind your financial habits. So, which of the five money personalities says “it’s me”? Let’s dive in.   1. The Earner / or The Money Worshipper&n ..read more

Who doesn’t like saving money? Especially these days. Check out this short video from Better Money Habits and Khan Academy for some easy, everyday tips. Note: Sezzle is not affiliated with Khan Academy or Better Money Habits. All Khan Academy content is available for free at (www.khanacademy.org) The post How to Save Money Every Day appeared first on Sezzle ..read more