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A Young Professional’s Guide: How to make smart career moves in a high interest rate environment:
At TomoCredit, we understand the unique challenges young and mid-age professionals face in today’s dynamic job market. As you navigate career transitions, explore new opportunities, and consider purchasing property, understanding the financial landscape is crucial. Here’s a closer look at the recent trends in mortgage rates, their implications for homebuyers, and strategies for managing your…
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Revitalize Your Credit Score through TomoCredit’s Rent Reporting Magic
Credit scores are integral to financial freedom and stability, influencing everything from housing opportunities to loan conditions. For many, especially young adults and new immigrants, building a robust credit score can be a formidable challenge. Recognizing this, TomoCredit has introduced a novel approach to credit building through their TomoCredit Rent Report service, which allows rent…
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Redefining Creditworthiness: TomoCredit’s Revolutionary Cash Score and AI Financial Advisor
In 2024, TomoCredit unveiled a transformative advancement in the realm of credit scoring: the TomoCredit Cash Score. This pioneering feature is designed to empower individuals with less-than-excellent credit scores by evaluating their creditworthiness based on their assets rather than just their credit history. Coupled with the AI Financial Advisor, this innovation is set to revolutionize the…
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The Credit System Is Broken
Here at Tomo, we are thrilled to announce TomoScore. Have you ever been frustrated because you were rejected by a credit card or mortgage? We’ve got your back. Now with Tomo, you can leverage your existing bank account to get approved instantly. You can add any bank accounts that you currently have with Tomo, and…
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Fintech, making changes together
2023, the year Tomo learned how to “ride”with the waves It has been 5 years since Tomo launched and we continue to surf the unpredicted waves of fintech to ultimately continue our mission of building a better tomorrow. I’m not saying it was easy, but we’re proud of what we’ve achieved around credit building and…
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Shop Smart Online: 7 to Use Your Credit Card Safely
Have you ever been online shopping and all of a sudden a pop-up message blocks your whole screen with a message like, “A virus has been detected on your computer. Please click on the link to remove the virus from your computer,” or something of that nature? Well, you’re not alone. Millions of people every…
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3 Traits of Financially Successful People
Financial success, in many ways, is a game that everyone is trying to master. We did extensive research on how some of the biggest winners at this game play it and concluded that these 3 traits describe financially successful people: #1: Financially successful people live below their means. This may come as a surprise to…
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8 Tips to Maximize Your Tax Refund
Tax season is here! The IRS just announced that Monday, 1/23/23, was the first day they would begin accepting and processing 2022 tax year returns. The deadline to file is 4/18/23, so save the date on your calendars! If you plan on making some big purchases with your refund, you might want to read on…
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How this Startup is Making Credit Accessible to Everyone
It’s 2023, but is there still structural racism in the credit card industry? In a survey from 5000 Americans, studies found that BIPOC individuals reported having the lowest or no credit score. Though the disadvantage for BIPOC folks has played a significant role in lack of financial education and literacy, this hasn’t stopped them from…
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GenZ will spend $50 on a cup, but won’t pay off their high APR credit cards
Many of you may have heard of the infamous “Stanley Cup/Tumbler” trending all over TikTok. Consumers that have fallen prey to this trend seem to be GenZ, many posting cup reviews all over the app. Although the tumblers do have pretty rave reviews and seem to do the job, the cost of the cup is…
