Newest Answers

Your Rights with Debt Collectors

July 20th, 2016 | Author:

[D]ealing with a debt collector can be frustrating and even downright scary. Some of them use unscrupulous tactics to attempt to force you into paying a bill. Before you contact a debt collector or talk to them, you should know your rights. A Right to a Written Notice A debt collector is obligated to provide...Continue Reading »

What You Should Know about Installment Loans

July 18th, 2016 | Author:

[I]nstallment loans are a type of personal loan with no collateral. You are given a loan which you will pay back with regular payment. They may be set up monthly, bi-weekly or with some other timeframe. Before applying for one, you should understand what they are, how they work and what they can do for...Continue Reading »

How to Use Nontraditional Credit To Help You

July 11th, 2016 | Author:

[I]f you’re like many people with bad credit or past credit problems, you may not qualify for traditional credit such as loans and credit cards. Your negative credit makes it difficult to establish new positive credit because it seems like no one will give you a chance. However, you can use nontraditional credit to help...Continue Reading »

What You Should Know About Building New Credit

July 6th, 2016 | Author:

[W]hether you are young and establishing credit for the first time, or trying to open an account after years of using cash only, you should understand the basics about building new credit. 1. It takes time. Even if you are approved for a credit account, it won’t automatically open up a whole new world for...Continue Reading »

Bad Credit Home Loans: Do They Exist?

July 4th, 2016 | Author:

[D]o a search on the internet for bad credit home loans, and you’ll see a lot of results pop up. Take some time to browse through those results, and you’ll quickly see that they may talk about mortgages for bad credit, but no one seems to offer them. You may wonder if such a thing...Continue Reading »

3 Ways a Budget Protects Your Credit Score

July 1st, 2016 | Author:

[Y]ou know creating a budget and following it can help you save money. But do you know it can also protect your credit score? A budget does three things for your credit. 1. A budget helps you save money for emergencies. When you plan to save money for emergencies, you avoid running up your credit...Continue Reading »

Why You Need More than One Savings Account

June 30th, 2016 | Author:

[I]f you struggle to save money and would like to have extra funds for a vacation, a new car and an emergency fund, the answer to all your problems may be multiple savings accounts. Most people think of setting up one savings account, but for some it may be too tempting to access the funds...Continue Reading »

First Steps to a Budget

June 29th, 2016 | Author:

[N]o matter how much you want to build or improve your credit, you won’t accomplish this goal unless you have a budget to follow. You’ll need to decide how much money you have to pay down debt or pay off old accounts. To build credit, you need to have a credit account you pay on...Continue Reading »

What to Do When You Can’t Pay Your Bills

June 28th, 2016 | Author:

[W]hen your income won’t cover all your bills, it’s all too easy to just skip certain ones like credit card payments. After all, you have to keep a roof over your head and utilities turned on, right? However, this action (or inaction) will impact your credit score and will do so for several years even...Continue Reading »

Should You Refinance Your Car Loan?

June 27th, 2016 | Author:

[Y]ou see the ads for car refinance and wonder if it’s a good option for you. While not as popular as home refinancing, auto refinance can serve several goals. It’s important to understand the entire process of refinancing to determine if it’s the right option for you. Strict Approval Terms Many times, it’s more difficult...Continue Reading »

Mistakes to Avoid When Learning to Save Money and Protect Your Credit

June 24th, 2016 | Author:

[S]aving money is an essential part of having good credit and being financially responsible. However, many people make some common mistakes when they open a savings account or start putting money aside. An Emergency Fund is Not the Same Thing As a Savings Account When you save money in a savings account, you often think...Continue Reading »