Many of us recovering from a financial setback, in which bills went unpaid for an extended period of time, wind up with accounts in collections. Here are 10 common questions about credit scores and debt collectors 1. What Should I Do When I Make A Debt Collector An Offer To Pay For […]
Here are a few instances when you should restrict the use of credit cards in order to keep your finances in order. Using Credit Cards For Everyday Expenses Using Credit Cards For Cash Advances During The Months You Have Restricted Cash Inflows Using Credit Cards When You Travel Abroad Using Credit […]
Theres no denying the fact that credit has become a fundamental part of our financial lives. It influences how much we pay in interest on auto loans, mortgages, student loans and credit cards. It also influences our insurance premiums, deposits on utilities and rent, and in some cases, it can even impact […]
Mistakes happen, but you can help avoid many of them with careful planning. The trick is to identify where your troubles may arise, and to take appropriate action before a small hiccup takes a turn for the worse. Of course, you may consider consulting a personal finance professional for advice specific to […]
Well, if youve ever had debt (or have it right now) you can probably testify to the feeling that the problem seems so big and so overwhelming that youre too afraid and/or discouraged to even think about how to tackle it. In order to kill the monster, you have to understand your […]
While some credit savvy consumers are trying to uncover the secrets to getting the highest credit score, there are thousands of others who don’t even want to check their credit, for fear they will discover they have the lowest credit score. If that describes you, relax. It may not be as bad as […]
Understanding your credit reports and credit scores is important but isnt always easy. Its perfectly understandable: There are a lot of incorrect assumptions about the credit industry, and dealing with money (and especially outstanding debt) is very emotional. Here are the five things you can do to ensure that you are fully […]
Credit scores are based on the information reported in your credit reports. With that said, because debit cards are not reported in your credit reports, withdrawing money from an ATM with a debit card wouldnt affect your credit score at all. This means the actual transaction itself or the act of withdrawing […]