Newest Answers

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 »

How a Summer Vacation Can Ruin Your Credit

June 20th, 2016 | Author:

[M]illions of Americans will travel this summer on vacation. Many of them will go abroad while others will visit a different state or even a new city in their own state. No matter how far you travel or where you go, be aware that a vacation can have a negative impact on your credit. Identity...Continue Reading »

Can You Lease a Car with Bad Credit?

June 17th, 2016 | Author:

[L]easing a car instead of buying one is attractive to people for several reasons. You can trade it in when the lease is up, ensuring you drive a newer car all of the time. Monthly payments are usually lower with a lease than with a purchase. Plus, you don’t have to worry about trading it...Continue Reading »

More Homebuyers Waiting to Buy a Home Until their Credit Score Improves

June 16th, 2016 | Author:

[A]ccording to an Experian survey, more people are waiting to buy a home until their credit scores improve. In fact, almost half of those surveyed have delayed this decision. Your credit score has a huge impact on your ability to qualify for a mortgage, how much you can qualify for and how much you will...Continue Reading »

Times When You Shouldn’t Buy a Home

June 15th, 2016 | Author:

[T]he appeal of moving from renter to homeowner is strong for many. They dream of what it means to make that transition, but often fail to account for reality. There are certain times when you can’t or shouldn’t buy a home. When You have Bad Credit It’s almost impossible to get a home loan if...Continue Reading »

Tools and Resources to Help with Credit Repair

June 14th, 2016 | Author:

[Y]ou’re ready to begin the long process of rebuilding your credit. You know you have a lot to do to get to the point where you want to be, but you’re willing to start. Use all of the resources and tools at your disposal to help you get there faster and with fewer mistakes. Alerts...Continue Reading »

The Good, the Bad and the Ugly about Furniture Store Credit

June 13th, 2016 | Author:

[M]ost furniture stores offer you some type of financing or credit to make a purchase. They know most people don’t have a lot of extra cash lying around, and buying furniture can be expensive. That’s why these stores offer credit cards, lines of credit and in-house financing. Before you go on a shopping spree, here...Continue Reading »

4 Situations that Can Damage Your Credit

June 6th, 2016 | Author:

[W]hile you may not overextend yourself when it comes to spending money and racking up credit card debt, there are other ways you can damage your credit that you may not think about until it’s too late. 1. Opening Multiple Accounts When you apply for multiple credit cards or a combination of loans and credit...Continue Reading »

5 Credit Tips Everyone Should Know Before Age 50

June 1st, 2016 | Author:

[A]s you get older and raise a family or develop your career, you should be learning about finances and money. You should also understand some facts and tips about credit to help you as you move into the next phase of your life – whatever that might be. 1. Your Credit Rating You’ve probably heard...Continue Reading »

How to Settle Credit Card Debt

May 30th, 2016 | Author:

[I]f you have a massive amount of credit card debt that you cannot seem to pay off, you are not at the end of the line. You do have a few options, but you must choose the best one based on your situation. Consolidate Debt If you haven’t ruined your credit rating because of non-payment,...Continue Reading »

3 Mistakes to Avoid When Selecting a Credit Card and Why

May 27th, 2016 | Author:

A credit card comes with many benefits. It allows you to pay faster and easier and is accepted almost everywhere. It often comes with rewards, and it can help you build or rebuild your credit score. However, people make several mistakes when selecting a credit card that can hurt their finances and credit for the...Continue Reading »