Being in debt is not fun. Unfortunately, many people do find themselves in debt, carrying a balance on multiple credit cards and loans. Even if you have a debt problem that seems insurmountable, you can eliminate credit card debt on your own without using a debt consolidation service. While I think the debt consolidation company … Read moreHow to Pay Off Credit Card Debt in 7 Steps
If you’re a regular personal finance blog reader, chances are you’ve heard about Dave Ramsey and Debt Snowball. Personally, I have mentioned both Dave Ramsey and Debt Snowball a few times, but never write anything specifically about it. In this article, I’d like to provide a brief introduction, an illustration, and links to related resources. … Read moreDave Ramsey’s Debt Snowball Debt Payment Method
The financial world today is fraught with pitfalls. One of the biggest issues is your credit score. Lenders — and others — check your credit score regularly to see what sort of default risk you present. Your credit score is largely based on the information that is reported to the major credit bureaus, so it … Read moreHow to Choose the Best Credit Monitoring Service
What number is considered a good credit score rating? On a scale that usually goes from 300 to 850, the short answer is anything above 720. Why does it matter to have a good score? A high credit rating can significantly reduce your borrowing costs (including the interest rate you have to pay the lenders). Even if … Read moreWhat is a Good Credit Score Rating?
The following is the 2014 calendar of 5% cashback bonus promotions for some of the credit cards and debit cards that are currently offering a 5% promotion. These cards include Citi Dividend, Discover Card, Chase Freedom, and Target REDcard. For more information about the card and promotion, click through the links for the specifics. Card … Read more5% Cash Back Credit Cards, August 2014 Promotion Calendar
One of the biggest challenges that many of us face has to do with cash flow. When money is tight, and you need a little more liquidity to ease the situation, you might need to attempt to get a personal loan. But what if you have bad credit? Bad credit can be a deal-breaker when it … Read more5 Ways to Get a Personal Loan When You Have Bad Credit
One of the ways to manage your debt and then pay it down is with the help of debt consolidation. Debt consolidation is a process in which you combine your debts so that you make only one payment each month. In many cases, you can also consolidate your interest rate payments as well, leading to … Read more3 Best Ways to Consolidate Your Debt
Credit card debt is an expensive problem to get out of. You are paying very high interest rates likely between 12-29% APR. If you just pay the minimum payment you could easily pay 50% of the purchase price of the items you bought in interest. It is easy to get into credit card debt by … Read moreCan a Balance Transfer Lower Your Credit Score?
One of the best things you can do for your financial situation is to improve your credit profile. There are a number of people — from lenders to insurers to landlords to employers — who are interested in your credit history. Your credit report contains information that others use to make inferences about how you … Read more3 Reasons to Improve Your Credit Rating
Credit scores are used for a multitude of reasons that extend well beyond lenders using it to approve loans. Other industries have grasped on to the logic of reviewing a credit score before providing services. For instance, car insurance providers will use consumer credit scores to set premium rates and utility companies will run credit … Read more5 Credit Score Myths Debunked