Credit and Debit

Debt is a fact of life for many people, and it can have a profound impact on their financial well-being. Understanding your debt and taking steps to manage it can be life-changing. In order to maintain proper financial health, it’s vital to keep track of all the debt that you’re currently holding onto so that… Read More

Do you want to apply for a loan? One of the most important things you need to take care of is your credit score. A good credit score is crucial to a successful financial future. With a positive score, you can expect to get more job opportunities, receive the best rate credit cards, or qualify… Read More

Good habits tend to start early. So it should come as no surprise that building one’s credit is no exception. The benefits of establishing good credit have become somewhat common knowledge. The higher your score, the more likely you are to receive lower interest rates on loans. This is key when people are looking to… Read More

Whether you’re new or acclimated to the world of personal finance, you’ve probably heard the term “credit score”. To put it in simple terms, it’s a rating for a person’s reliability to pay back loans. The higher the number, the better. And several factors can influence this number. If you’re on time with payments, great!… Read More

How many credit cards do you have? How many do you use? Most people, at various times throughout their lives, have more credit cards than they need. Most personal finance experts will advise you not to open too many cards, because there is a temptation to use them all and wind up deep in debt…. Read More

You might be among the 29 percent of parents who have had their child use a credit or debit card without your permission. Or you might be among the 52 percent of parents of have let their children borrow one. Do you fit into either one of those categories? Then you probably understand the risks… Read More

Should I use a credit card or a debit card for this purchase? It’s a common question we ask ourselves from time to time. Different people have different strategies for how they pay for certain items, because the truth is, there is no one size fits all answer. Credit cards come with some obvious perks… Read More

If you know anything about how credit cards work, you know that paying off your balance in full by the due date each month is key to managing debt and keeping your credit score high. However, many of us are not aware that there are other things you could be doing that will negatively impact… Read More

When it comes to credit, an individual can either have good credit, or bad credit. Right? Actually, there is a third option, which is often the least understood. And that’s having no credit at all. Having no credit, in some circumstances, is just as bad as having bad credit. That’s because lenders use your credit… Read More

Often, borrowers accrue multiple student loans from multiple sources. That is why we have such a thing as student loan consolidation. If you fall into this group, you may have already considered consolidating these loans into one new loan. But there are things you should consider before taking that next step. First, it is important… Read More