Friday 30 September 2016

Can You Cheat Your Credit Score and Should You?

[I]f you’ve been plagued by a low credit score because of late payments, charge-offs and collections, you may think you’ll never be able to get a good credit rating. You may know that it can take 7 to 10 years for this negative information to come off your credit report, but you need it to come o...
Can You Cheat Your Credit Score and Should You?

Thursday 29 September 2016

Can Two or More Credit Cards Build Credit Faster?

[M]ost people know that getting a credit card can help you build credit. The next question is whether two cards can do twice the work. It follows the idea that if some is good, more is better. However, in the case of credit cards and your credit rating, more isn’t always better.
When More is B...
Can Two or More Credit Cards Build Credit Faster?

How Checking Your Credit Helps It Improve

[N]o, there’s no magic involved in checking your credit report. Your credit score won’t mysteriously improve just because you checked to see where it was compared to last time. But studies show that people who check their credit report pay more attention to all credit issues and work harder to im...
How Checking Your Credit Helps It Improve

Friday 23 September 2016

How Long It Really Takes to Fix Your Credit Score

[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 wan...
How Long It Really Takes to Fix Your Credit Score

Wednesday 21 September 2016

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

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

How to Tell If You are Spending Too Much

[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 tel...
How to Tell If You are Spending Too Much

Friday 16 September 2016

How You Can Have Bad Credit Even with Good Money Management

[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 b...
How You Can Have Bad Credit Even with Good Money Management

Thursday 15 September 2016

Money and Your Freshman College Student

[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 previous ...
Money and Your Freshman College Student

Monday 12 September 2016

Steps to Take When You Apply for a Credit Card

[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 for a new ...
Steps to Take When You Apply for a Credit Card

Monday 5 September 2016

Three Tips to Help You Manage Your Budget

[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 each month for a c...
Three Tips to Help You Manage Your Budget

Friday 2 September 2016

Understanding Good Debt vs Bad Debt

[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 is any debt...
Understanding Good Debt vs Bad Debt