Learning Center | Rocket Loans

Max-Out Credit Card: What This Means And What To Do About It

A maxed-out credit card occurs when you’ve hit the maximum credit limit allowed on your card. Learn what happens when you max out a credit card and what to do.

Bad Credit Is Scary: 5 Quick Strategies To Improve Your Credit Score

It might seem tough to repair your credit when stuck in a bad slump, but it's not. Read our fast solutions to get back on track to a happy score.

How To Improve Your Credit Score: 9 Tips And Tricks

Increasing your credit score takes time, but some strategies work faster than others. Learn how to improve your credit score with our nine quick and easy tips.

How Much Debt Is Too Much, And What You Can Do About It

Having too much debt can make you struggle financially, but how much debt is too much? Learn the different signs to watch for and how you can manage your debt.

A Guide To Debt-To-Income Ratio: How To Calculate It And Why It Matters

Debt-to-income ratio is the percentage of your income that goes toward debt each month. Learn how to calculate your debt-to-income ratio and why it’s important.

What Is The Debt Snowball Method?

The debt snowball method helps with debt repayment by targeting your smallest debts first. Discover how the snowball method can lead to a debt-free life.

Debt, Defined: What It Is And How To Manage It

Debt is money owed to a lender, and it can take many forms, from credit card debt to medical bills and more. Here's everything you need to know as a borrower.

Credit Card Interest Rates Rising & How To Handle Credit Card Debt

The Fed continues to make moves that raise interest rates. Here’s how these moves contribute to credit card interest rates rising and how to handle your debt now.

Compound Interest: Definition And Calculation

Compound interest can work for you or against you when saving money or repaying a loan. Learn how to calculate compound interest and uncover some helpful tips.

Credit Card Refinancing: What Is It And Who Should Use It?

Refinancing your credit card debt can get you a lower interest rate and fixed monthly payment. Find out how credit card refinancing works and who should use it.

Balance Transfer Vs. Personal Loan: Which One Should You Use?

Balance transfers and personal loans can help you consolidate your debt. Learn how each process works and decide which option would be best for your situation.

What Is Usury Law?

Usury is the unethical monetary lending of loans that benefit the lender in an unfair way. Learn more about what usury means and the usury laws that exist.

What Is A Benefit Of Obtaining A Personal Loan?

Obtaining a personal loan can help you in more ways than just lending you cash. Learn the many benefits of getting a personal loan and how they can help you.

What Is A Good Credit Score To Buy A Car?

Your credit score can directly affect how expensive your auto loan’s monthly payments will be. Learn what’s a good credit score to buy a car and how it’s rated.

What Is Loan Amortization And How Does It Work?

Amortization is the process of making monthly payments on debt such as a personal loan or mortgage loan. Learn more about what amortization is and how it works.

Installment Loans: How They Work And If They're Right For You

Installment loans are repaid over time using scheduled and fixed monthly payments. Learn more about what an installment loan is and if it would work for you.

APR: What It Is And How It’s Calculated

APR (annual percentage rate) can tell you the yearly cost of borrowing a loan. See how APR is calculated and find out what your rate can mean for your wallet.

What Is Collateral And How Does It Work?

Collateral is used to secure different types of loans, from credit cards to real estate. Discover what collateral is and the types of collateral lenders use.

Featured Resources

Max-Out Credit Card: What This Means And What To Do About It

Bad Credit Is Scary: 5 Quick Strategies To Improve Your Credit Score

How To Improve Your Credit Score: 9 Tips And Tricks

How Much Debt Is Too Much, And What You Can Do About It

A Guide To Debt-To-Income Ratio: How To Calculate It And Why It Matters

What Is The Debt Snowball Method?

Debt, Defined: What It Is And How To Manage It

Credit Card Interest Rates Rising & How To Handle Credit Card Debt

Compound Interest: Definition And Calculation

Credit Card Refinancing: What Is It And Who Should Use It?

Balance Transfer Vs. Personal Loan: Which One Should You Use?

What Is Usury Law?

What Is A Benefit Of Obtaining A Personal Loan?

What Is A Good Credit Score To Buy A Car?

What Is Loan Amortization And How Does It Work?

Installment Loans: How They Work And If They're Right For You

APR: What It Is And How It’s Calculated

What Is Collateral And How Does It Work?