Nova Credit Website

January 17, 2020

What is an ITIN? A complete guide to the Individual Taxpayer Identification Number

If you plan to work in the United States, you’re required to pay taxes. If you’re not eligible to receive a Social Security Number (SSN), you’ll need to an Individual Taxpayer Identification Number (ITIN). In this guide, we’ll discuss ITINs in greater detail.

January 13, 2020

Banking options for Canadians in the United States

Can Canadians open U.S. bank accounts? In this guide, we’ll not only share how to go about cross-border banking and establishing a checking or savings account in the U.S., but we’ll also share some of the best U.S. banking options for Canadians.

December 15, 2019

How long should I wait between credit card applications?

The length of time between credit card applications can make or break your chances of being approved. Why is waiting important? How long should you wait? In this article, we talk about why it’s a good idea to space out your applications for a new credit card and explain how long you should wait before you apply for new lines of credit.

December 13, 2019

Deserve credit card review: three cards for U.S. newcomers

Deserve has designed three credit cards with U.S. newcomers in mind. While these cards are also available to U.S. residents and citizens, Deserve offers benefits and perks that might appeal to those who recently moved to the country and has yet to build credit.

December 14, 2019

How do credit card rewards work in the U.S.?

In the U.S., there are three main types of credit card reward programs: cash back, issuer rewards programs and co-branded rewards programs. Before signing up for a new card, learn about the differences to determine which card might be right for you.

December 14, 2019

How credit cards can help you build credit history

Why the craze for credit cards? They often offer rewards, have stronger fraud liability protections than debit cards and allow you to pay off large balances over time. Credit cards can also play an important role in helping you establish and build your credit.

December 7, 2019

Are store credit cards worth it?

Retail store cards may not always offer the best value, but they can help people build or rebuild credit and offer significant savings for those who qualify for special financing.

November 29, 2019

How to start building credit at age 18

Establishing credit takes time, but starting early also teaches you valuable lifelong lessons such as managing debt and finances.

December 13, 2019

The danger of inactive credit cards

If you have inactive credit cards, your credit score may suffer. In fact, credit files can completely disappear when credit card accounts have been inactive for several years.

December 5, 2019

Who should (and who shouldn’t) get the Amex Platinum Card?

American Express is one of the most popular card issuers due to the considerable rewards offered by its wide variety of cards. Below, we provide a guide to one of the most popular cards the Amex Platinum card.

December 12, 2019

Lenders look at more than just your credit score

Lenders typically do a complete analysis of your entire credit history before they approve your request for a new product. Here’s an overview of which information creditors analyze when they check your credit report.

December 12, 2019

What is bankruptcy and how does it work in the U.S.?

Bankruptcy is a legal process that can help you reset your finances if you’re struggling financially. Each year, an estimated 530,000 families turn to bankruptcy as a last resort.

December 5, 2019

What’s the difference? Principal vs. interest

Two common terms often used in the world of banking and personal finance are principal and interest. We explain the difference between the two and apply these concepts.

December 5, 2019

Breaking down different types of interest and why they matter

Different types of interest apply to different asset classes and lending agreements. By understanding the types of interest that apply to you, you can manage your budget and look for the best deal from lenders.

December 5, 2019

The best credit cards for people with no credit history

Getting a credit card can be difficult when you’ve recently moved to the U.S. and don’t have a local credit history. So we made a list of great credit cards that you can get without a U.S. credit history.

January 17, 2020

Everything J-1 visa holders need to know about taxes

Visa-holders are subject to local laws—including taxes. Below, we explain the tax obligations of J-1 visa holders living and working in the U.S.

December 5, 2019

How to apply for an American Express card with your international credit history

Crossing the border used to mean losing the credit history you built at home, but you can now apply for a card with your international credit card through our partnership between American Express.

December 5, 2019

No U.S. credit history? No problem if you want to apply for a credit card

Building a U.S. credit history is important for anyone who’s recently moved to the U.S. because a good credit score is required to do basic tasks like rent an apartment, lease a car and get a cell phone plan.

January 8, 2020

Is no credit better than bad credit?

Are you more likely to get approved if your credit history doesn’t exist or if your credit score is poor? We discuss which is worse: bad credit or no credit.

November 29, 2019

The benefits of having good credit

Credit scores can have a big impact on quality of life. In the United States, a good credit history has numerous benefits.

November 24, 2019

How to send money abroad without spending a fortune

Tips what to do and what to avoid when sending money abroad.

December 30, 2019

Best American Express cards for U.S. newcomers

American Express is one of the absolute best credit card providers for people with good credit. This article covers some of the best choices for immigrants.

January 17, 2020

The best bank accounts for U.S. newcomers in 2020

Opening a bank account may be one of the first moves you want to take after arriving to the US. This article covers some of the best banking services available to U.S. newcomers

November 24, 2019

A guide to the different types of bank accounts in the United States

Wondering what banking options are available for you as a new immigrant in the United States? This article has everything you need to know.

November 29, 2019

How to apply for a credit card without a Social Security number

Don't have an SSN yet? Several card issuers allow you to apply for a credit card with no Social Security Number. This is a complete guide on how to get credit cards without an SSN.

November 24, 2019

How to get medical insurance when traveling

Your bags are packed, you’ve found a place to stay, and your flight is booked. You’re ready to move to America, right? Not quite. You’ve forgotten one very important thing — travel medical insurance.

November 24, 2019

The 3 ways to save when you send money home

Once Eduardo reached Illinois, started to settle into a new routine, and began to make money, he wanted to help his brother support his family. So, Eduardo asked his coworkers how they send money to their loved ones back home.

January 13, 2020

How to get a credit score after moving to the U.S.

We showcase real stories of people who newly arrived in the U.S. and how they built their credit scores, and give advice on how you can skip these steps all together if you only want a credit card.

January 14, 2020

How to use your international credit report to get credit in the U.S.

Newcomers to the United States used to have to build credit from scratch — now they can transfer their international credit report to the U.S. to apply for credit cards, loans, housing and more.