Tag Archives | debt

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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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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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 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 a personal […]

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interest rates

5 Things You Need to Know to Understand Your Interest Rates

Interest rates determine what your monthly repayments will be on your loan. Even the smallest fluctuation in interest rates can make an enormous difference to your loan repayments. Each interest rate comes with advantages and disadvantages, so make sure you select the right interest rate for you. Lenders will charge you an interest rate per […]

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applying for a student loan

5 Things To Consider When Applying for a Student Loan

Each year, 20 million students attend college in the United States. Approximately sixty percent borrow money to cover the expenses of tuition, textbooks and fees, yet most still feel uneducated when it comes to making a decision about which student loans to apply for and use to pay for a college education. Here are 5 […]

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Personal finance sins

Are you Guilty of These 5 Personal Finance Sins?

How are you doing with your personal finance goals? Making the progress you expected? Or are you wondering why you don’t seem to be getting ahead in terms of savings and debt reduction? If this sounds a little too familiar, check out the list below, where you’ll find a rundown of five personal finance sins […]

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