Should I Take Out a Personal Loan to Pay Off Debt?

Managing Debt

Should I Take Out a Personal Loan to Pay Off Debt?

Should I Take Out a Personal Loan to Pay Off Debt?

A recent report gathered in the second quarter of 2018 found that Americans collectively carry $13.29 trillion in debt, which is $618 billion higher than 2008’s peak of $12.68 trillion. With debt rising, more and more people are turning to personal loans to pay off their high-interest debts, whether that’s medical bills, credit card balances, student debt,... Read More

How Much Money to Save for an Emergency

Personal Finance

How Much Money to Save for an Emergency

How Much Money to Save for an Emergency

An emergency fund is a must-have safety net. CNN reported that nearly 25% of American adults had no emergency savings whatsoever. Only 29% had the recommended six months of savings tucked away. This all begs the question, “How much emergency fund do you need?” Experts agree that you should have at least enough saved to cover six to... Read More

What Happens If You Make a Late Credit Card Payment?

Credit Card Reviews

What Happens If You Make a Late Credit Card Payment?

What Happens If You Make a Late Credit Card Payment?

Uh-oh! You just received your credit card statement, and it shows interest charges and a $38 late fee that you didn’t expect. You realize you’re guilty of making a late credit card payment last month. Or worse, you realize you forgot to send your payment at all. Here’s a rundown of potential impacts that your... Read More

7 Luxury Travel Perks You Can Actually Afford

Credit Cards

7 Luxury Travel Perks You Can Actually Afford

7 Luxury Travel Perks You Can Actually Afford

There’s no denying the convenience of modern-day travel. But unless you’re flying first class, things can get a little cramped. How can you get a luxury travel experience without breaking the bank? Don’t worry—there are a few luxury travel perks you can use to make your time on the ground and in the air a... Read More

How to Start Building Credit Once You Turn 18

Credit Cards

How to Start Building Credit Once You Turn 18

How to Start Building Credit Once You Turn 18

Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score, you will see lower interest rates on car loans, credit cards, and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. Building good credit takes time,... Read More

A Bad Union—Closed Accounts and Your Credit Report

Credit Score

A Bad Union—Closed Accounts and Your Credit Report

A Bad Union—Closed Accounts and Your Credit Report

Credit’s a tricky thing. Some things obviously hurt your credit, like a late payment or no payment or maxing out your credit cards. But the effect of some things on your credit isn’t obvious at all and are almost counterintuitive. Those things seem like they should help your credit but can actually hurt. One of... Read More

Life Events That Can Affect Credit: Going to College

Credit Score

Life Events That Can Affect Credit: Going to College

Life Events That Can Affect Credit: Going to College

For many first-time college students, pursing a higher education is a journey that comes with newfound responsibilities. Managing money while simultaneously balancing school, work and social obligations proves difficult for many. When embarking on educational pursuits, don’t forget to keep credit scores at the forefront of financial commitments. There are many ways to go into debt as a student.... Read More

8 Reasons to Save Money in 2019

Personal Finance

8 Reasons to Save Money in 2019

8 Reasons to Save Money in 2019

There are numerous reasons to save money in the coming year. Whether you’ve recently graduated college or have been in the workforce for years, it’s never a bad time to take a good, hard look at your finances. You never know what 2019 may bring, but you want to be ready for anything. Here are... Read More

4 Things to Consider When Choosing a Debt Relief Service

Managing Debt

4 Things to Consider When Choosing a Debt Relief Service

4 Things to Consider When Choosing a Debt Relief Service

Do you have crippling debt? Are you thinking about declaring bankruptcy? Bankruptcy stays on your credit report for 7 to 10 years and has a detrimental effect on your credit score for even longer. Individuals can file for bankruptcy in two ways—Chapter 7 or Chapter 13. Each method has different qualifications and ramifications. And once someone... Read More

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