Newest Answers

How Long It Really Takes to Fix Your Credit Score

September 23rd, 2016 | Author:

[A] popular question among people trying to raise their credit score is “How long will it take to improve my credit score?” They want to hear the magic words because they’ve read the promises that say your credit score can improve in 30 days. Unfortunately, that promise is like waving a magic wand and expecting...Continue Reading »

How to Enjoy the Benefits of a Cash-back Rewards Credit Card

September 21st, 2016 | Author:

[G]etting cash back for purchases you would make anyway seems like getting free money. To take advantage of this type of credit card and enjoy the rewards, you need to follow these tips. Check Your Credit First, you should check your credit rating and make sure you have a good credit score. Most cash-back credit...Continue Reading »

How to Tell If You are Spending Too Much

September 19th, 2016 | Author:

[S]hopping can be fun, especially if it’s for items you want more than need. There’s nothing wrong with taking a few dollars out of your paycheck to do something nice for yourself. However, for many, they end up spending too much and staying in a vicious cycle of debt. Here are a few ways to...Continue Reading »

How You Can Have Bad Credit Even with Good Money Management

September 16th, 2016 | Author:

[M]ost people assume that bad credit happens when people are irresponsible and fail to pay their bills on time or get more credit than they can handle. You might be surprised to discover that other factors can hurt your credit even if you’ve been paying your bills and paying off credit card balances. Errors One...Continue Reading »

Money and Your Freshman College Student

September 14th, 2016 | Author:

[I]f you’re a parent, it’s about the time of the year when you send your kids off to college. While you may be giving them a long list of advice about what to do with their newfound independence, you don’t want to overlook the importance of money advice. If you’ve set a good example the...Continue Reading »

Steps to Take When You Apply for a Credit Card

September 12th, 2016 | Author:

[F]or many people, getting approved for a credit card seems to be the new American Dream. It’s a sign their credit is good or at least on the mend and not too bad to qualify for credit. For others, they think about the rewards and benefits that come with a credit card. Before you apply...Continue Reading »

Three Tips to Help You Manage Your Budget

September 5th, 2016 | Author:

[I]f you want to get in control of your finances, you must learn how to manage your budget. This is one area where people try and fail over and over again. Here are three tips to help you be successful with your budget. 1. Know Your Expenses It’s easy to know how much you pay...Continue Reading »

Understanding Good Debt vs Bad Debt

September 2nd, 2016 | Author:

[T]he word “debt” conjures up all sorts of images in people’s minds, most of them not very good. However, you have probably heard the concept of bad debt and good debt. Is there such a thing as good debt? If so, how can you tell the difference between the two? First, Bad Debt Bad debt...Continue Reading »

What to Do When You Have Extra Money for Credit Card Debt

August 29th, 2016 | Author:

[M]ost of the time you struggle to make the minimum monthly payments on your credit cards. Now, you find yourself with extra money on hand and you wonder which cards to pay. Maybe you worked overtime or got a bonus, and you want to do the responsible thing with the money and pay down debt....Continue Reading »

Why Your Child Needs a Savings Account

August 24th, 2016 | Author:

[I]n a world where credit is easily obtained, it’s far too simple for people to get into debt. Much more difficult is learning how to save. This practice should begin in childhood so that it is firmly ingrained in a person’s habits when they reach adulthood. When to Start Teaching about Savings You should teach...Continue Reading »

How to Stop Being a Co-Signer and Will It Hurt Your Credit?

August 22nd, 2016 | Author:

[M]any people become co-signers as a favor to a family member or friend who doesn’t have a credit history. After some time, they may want to take their name off the account. This is not always an easy fix, and it may have an impact to both people’s credit. The Process Generally, you have two...Continue Reading »