Will Cosigning Hurt My Credit?

Credit Score

Will Cosigning Hurt My Credit?

Will Cosigning Hurt My Credit?

If you’ve ever been asked by a friend or family member to cosign on a loan, you might have wondered whether it could hurt your credit. This is a very important question to ask, and it’s a decision you have to weigh carefully, as the effect of cosigning a loan can vary with each situation.... Read More

The Best Travel Rewards Credit Cards in America

Credit Cards

The Best Travel Rewards Credit Cards in America

The Best Travel Rewards Credit Cards in America

We are all familiar with credit cards that offer rewards in the form of airline miles, as they are some of the oldest and most popular reward cards on the market. Later, hotels offered similar products that rewarded customers with points in their loyalty programs. Although we have awarded Best Credit Card in America honors... Read More

Small Businesses Prefer Checks, Cash Over Credit Cards

Credit Cards

Small Businesses Prefer Checks, Cash Over Credit Cards

Small Businesses Prefer Checks, Cash Over Credit Cards

Relying upon credit or debit cards regularly in their everyday lives is something numerous Americans have learned to do in recent years, and it may therefore come as a bit of a shock when some smaller businesses do not accept this payment method. However, the disconnect between consumer sentiment about this refusal and the way businesses see it is particularly... Read More

How to Get the Most Out of Free Credit Reports

Credit Score

How to Get the Most Out of Free Credit Reports

How to Get the Most Out of Free Credit Reports

You’ve heard the advice countless times: check your free credit reports each year. You may have also heard the advice commonly suggested by financial advisers to stagger your requests for these reports so that you get one every four months; for example, request your free report from Equifax the first month, Experian four months later,... Read More

Is the Senate’s Student Loan Plan Fundamentally Flawed?

Students

Is the Senate’s Student Loan Plan Fundamentally Flawed?

Is the Senate’s Student Loan Plan Fundamentally Flawed?

Mark Twain had it right when he said, “No man’s life, liberty, or property are safe while the legislature is in session.” The latest wretched manifestation of this truth is courtesy of Sens. Richard Burr (R-N.C.), Tom Coburn (R-Okla.), Angus King (I-Maine) and Joe Manchin (D-W.Va.). Their bipartisan proposal would index student loan rates to... Read More

Will Rising Interest Rates Hurt the Housing Market?

Mortgages

Will Rising Interest Rates Hurt the Housing Market?

Will Rising Interest Rates Hurt the Housing Market?

Mortgage rates have been extremely low for some time now. However, with rates on the rise once again, some worry that the declining affordability could be harmful to the recovery of the market as a whole. The number of homes currently on the market remains relatively constrained and that in turn is leading to higher prices every month, as... Read More

The Newlywed’s Guide to Credit Card Changes

Credit Cards

The Newlywed’s Guide to Credit Card Changes

The Newlywed’s Guide to Credit Card Changes

With the arrival of summer, wedding season is in full swing. And along with all the excitement of getting married comes some confusing details. Specifically, how should newlyweds handle credit card changes? Name changes on your credit card. Spouses who will be changing their name have to look forward to the monotony of visiting their... Read More

Home Values on the Rise Again in May

Mortgages

Home Values on the Rise Again in May

Home Values on the Rise Again in May

In recent months, a large number of homeowners across the country have been able to enjoy positive equity for the first time in years thanks to rising home values, and this was the case in May as well. The average home value nationwide climbed 0.5 percent from April’s total to $159,000 in May, which was also up... Read More

Homeowners Out of Luck in Finding Foreclosure Relief

Mortgages

Homeowners Out of Luck in Finding Foreclosure Relief

Homeowners Out of Luck in Finding Foreclosure Relief

Bank of America is making national headlines, as six former employees filed declarations in a federal court this month alleging that the mortgage lender engaged in fraudulent practices to force customers into foreclosure. As the largest mortgage servicer in the Home Affordable Modification Program (HAMP) when the program began in 2009, Bank of America held... Read More

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