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How to get approved for credit cards when you have no/bad credit score
This New Year, TomoCredit, a fintech startup based out of San Francisco, CA, wants to help you build credit even if you don’t have a credit history! (or if you simply need to rebuild your score). The Tomo card, better known as “GenZ’s favorite credit card”, lets you build credit without having ANY credit history.…
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How Crypto payments are becoming reality
Crypto has been viewed upon as speculative instruments, not payment mechanisms. While Bitcoin was originally intended to be a new world currency, it has transitioned to more as a hedge against inflation and a store of value. In a sense, spending Bitcoin would be a lot like spending Apple stock. Sure, you can spend it,…
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What Goes Into Your Credit Score?
A good credit score is essential for purchasing a new place, a new car, or taking out a loan with better interest rates — but what factors go into the number? No Single Number First, there is no definite credit score — there are different credit score models. The credit reporting agencies TransUnion, Experian, and Equifax together give the VantageScore.…
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Debunking Myths: The relationship between student loans and credit score
For many college students, student loans are a major component in helping to afford college. Life after college can be especially confusing when having to manage both student loans and personal finances. For some, it is the first time they have to deal with things like budgeting and making student loan payments. Many schools also…
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Things I Wish I Knew About Finance In College
When I was 4 years old, I remember thinking, “I can’t wait to be an adult!” Then, when I entered my first year of college, I had to be an adult and I had no idea how. Adulting is hard, I get it. A big part of adulting is learning and growing from your mistakes,…
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Are Credit Cards Worth It?
Do you really need that extra piece of plastic in your wallet? Yes, and here’s why. Build credit. A credit score and credit history may seem ambiguous now, but there will come a day when you will wish for that high credit score and long credit history. Whether it is renting or buying a property…
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A message from our CEO
We recognize with the ever-changing COVID-19 virus situation that this is an uncertain time for everyone. Our hearts and our thoughts go out to everyone on this planet that we call home. At the end of the day we are all human, and sooner or later we must all face challenging times. Preparing you, our…
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New to the U.S.? Start Building Your Credit Score Now
Credit determines your financial future In the US, having good credit matters more than ever. Having good credit will ensure you qualify for affordable rates on student loans, auto loans, insurance, and mortgages, saving you tons of money and making it easier to pay them back in the long term. Credit can determine whether you…
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Tomo — My first credit card as an international student! No credit score required.
I recently moved to San Francisco from London to study for an MBA at Berkeley Haas because I wanted to be at the heart of the tech ecosystem and learn more about the innovation happening within financial services. In order to understand this landscape more, I wanted to work with a company innovating the space,…
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The New Tomo Card
Here at Tomo, we know you’re not just a credit score. When you sign up today not only can you get approved with no credit history but we are the first card offering up to 20% in cashback. EVER. How does it work? First, you’ll want to sign up for our waitlist. When you get your…
