Thursday 30 June 2016

Why You Need More than One Savings Account

[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...
Why You Need More than One Savings Account

Wednesday 29 June 2016

First Steps to a Budget

[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 regularly. Bef...
First Steps to a Budget

Tuesday 28 June 2016

What to Do When You Can’t Pay Your Bills

[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 yea...
What to Do When You Can’t Pay Your Bills

Monday 27 June 2016

Should You Refinance Your Car Loan?

[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 ...
Should You Refinance Your Car Loan?

Friday 24 June 2016

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

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

Monday 20 June 2016

How a Summer Vacation Can Ruin Your Credit

[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...
How a Summer Vacation Can Ruin Your Credit

Friday 17 June 2016

Can You Lease a Car with Bad Credit?

[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 in w...
Can You Lease a Car with Bad Credit?

Thursday 16 June 2016

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

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

Wednesday 15 June 2016

Times When You Shouldn’t Buy a Home

[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 yo...
Times When You Shouldn’t Buy a Home

Tuesday 14 June 2016

Tools and Resources to Help with Credit Repair

[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 and Not...
Tools and Resources to Help with Credit Repair

Monday 13 June 2016

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

[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 s...
The Good, the Bad and the Ugly about Furniture Store Credit

Monday 6 June 2016

4 Situations that Can Damage Your Credit

[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 l...
4 Situations that Can Damage Your Credit

Wednesday 1 June 2016

5 Credit Tips Everyone Should Know Before Age 50

[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 hea...
5 Credit Tips Everyone Should Know Before Age 50