Tag Archives | debt

Top 4 Ways to ruin your FICO credit score

Top 4 Ways to Ruin Your FICO® Credit Score

Your credit score is one of the most important pieces of information financial institutions use to determine everything from the interest rate you’ll pay to the type of loan you qualify for.  There are many things that can negatively affect your Credit Score and your ability to effectively manage it may well save you thousands […]

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stop overspending

3 Simple Steps to Stop Overspending

If you admit to being an over-spender you’re not alone. Total debt in the U.S. has reached $11.9 Trillion dollars while the average american household has over $7900 in credit card debt, $10,000 in auto loans, and over $100,000 in mortgage loans. While robust consumer spending is an important driving factor for the U.S. economy, […]

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personal loan

4 Questions to Ask Before You Apply for a Personal Loan

Personal loans are loans issued by banks, private lenders, and credit unions. Some of the more popular uses of personal loans are to consolidate credit card debt, pay for major home improvements or repairs, and other items like vacations.  Before you sign on the dotted line there are some questions you should ask to ensure […]

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short term loan

4 Reasons to Consider a Short-Term Loan for Your Money Woes

Individuals and businesses can sometimes find themselves in a crunch for cash and need short-term financing to cover an expense until other funds are available.  Here are several reasons a short-term loan can be a valuable option in your financial toolbox.   Fast Approval Process Short-term personal loans often have a much faster approval process […]

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lower credit card debt

Millennials and Credit: An Inside Look at How Millennials Use Credit [infographic]

Did you know that Millennials outnumber baby boomers by 15 million and earn around $20,000 less than the U.S. average.  Below is an infographic that takes an inside look at the complicated relationship between Millennials and Credit.    

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credit score repair

How 10 Minutes of Credit Score Reading Could Save You Thousands

According to a recent icount survey, about 25% of UK adults do not understand the concept of a credit score. Other nations like the U.S. have found similar, or even higher, levels of credit ignorance among their citizenry. This isn’t good, folks. And it’s not good for the people who are the least informed. Those […]

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