Depending on how you use it a credit card (CC) can be a helpful tool or a dangerous path towards financial ruin. Let’s be honest, not everybody has the willpower and the patience to save money for their purchases and a CC lets you have what you want now instead of later. The penalty; … Read more about What to Look for When You’re Applying for a Credit Card
Who doesn’t need a few good financial tips every few days, am I right? Today’s tips, like those we’ve given before, are meant to be taken and molded, if you will, to your own financial situation. Take the advice but don’t be afraid to tweak it a little if you need to. Just use it and, in time, … Read more about Wise Financial Tips for 2013 – Start Smart
The debt that you create, and how you handle that debt, affects your credit score acutely. How you manage your debt also will have an impact on your ability to borrow more money today and in the future and affects your interest rates. The actual amount of debt that you have at any one time is … Read more about How Debt Affects Your Credit Score
Your credit score is one of the most important factors controlling what kinds of credit lines you can get, what type of mortgage rates you will receive and even they interest rates on your credit cards and auto loans. It is for these reasons that having a high credit score is vitally important and … Read more about How to Increase Your Credit Score and Clear Your Credit Report
If you have a lot of unpaid debt and are considering using a credit counseling service there are a lot of things you need to know before you make a decision. There are a lot of credit counseling services out there that are not as good as they make you think they are and can even leave you in worse … Read more about Should you use a Credit Counseling Service to get out of Debt?
If you’ve been struggling with poor credit, you need to think about getting it repaired if you want to leverage getting a loan any time in your future. You never know when your credit report will come back to haunt you. Right now, to get a loan for a home, to open a credit card, or to buy a car, … Read more about The 5 Easiest Ways to Repair Your Credit
Personal finance is fun, but it can also be tedious. Too many people are concerned with every single penny they spend, save, and invest. Sometimes it's nice to apply a set it and forget type of approach and allow yourself extra time for hobbies and actually living. That being said, it's also … Read more about Should I Automate My Payments
Most consumers apply for or use their credit cards without considering any other condition but the credit limit and the annual fee. This is a wrong practice. Not knowing the intricacies of how a credit card works may lead a user to immense debts. Know your credit card properly. Make it work well … Read more about How to Use Your Credit Card Wisely