Making the decision to declare bankruptcy is never an easy one. You may wonder if you can ever repair your credit. However, after a difficult financial period the decision to declare bankruptcy can also be a necessary one. If you have made that decision you may be wondering how you can repair your credit score. […]
When you are in a credit score bind you may be looking for some immediate solutions coupled with a more long term solution. Using credit responsibly and disputing mistakes on your credit report are two of the most useful things you can do, whether your credit is poor or not. The first thing to remember […]
Say you have four credit cards, three of them will balances of $200 or less and one with a balance of $3500. All four of these cards have similar interest rates. Further, imagine that you have $1500 available to you to pay down your consumer debt. What is the best approach? Individual different financial advisors […]
Falling behind on a bill can be serious business, particularly if your bill is sent to a collection agency. A bill that is sent to collections, or is \”charged off\”, can make it very difficult to borrow money for essentials such as a home or car. However, there are constructive ways to approach a charge […]
Cosigning on loans is not an uncommon practice, but it may leave you feeling vulnerable. What if the person taking out the loan defaults? What options do you have if you\’re unable to pay? Luckily, cosigning on a loan can be safe and helpful for both of you if you take some steps to get […]
If you are having difficulty with your credit, using credit at all may be the furthest thing from you mind. It is completely understandable why you might want to deal only in cash, eschewing products as innocent as debit cards or prepaid gift cards. However, this is a fairly dangerous way of thinking when it […]
When you are struggling with establishing good credit you may be tempted to look for a quick fix, such as working with a credit repair company. These are companies that promise a miraculous fix to your credit but generally end up leaving you with more debt and worse credit than when you began. They do […]
If you are worried about the impact of consolidating your debt you may be curious what impact that will have on your credit score. In particular, if you go through a Debt Management Program, or DMP, your credit is more likely to go up and your debt will shrink much faster. You can also consider […]
The stock market, which has been melting up most of this record-breaking year, is on the cusp of achieving a troika of major milestones. Dow 16,000 is within easy reach for the first time. The Standard & Poor\’s 500 is fast approaching 1,800. And the Nasdaq composite is nearing 4,000 for the first time since […]
We often think of payday loans as a quick way to get money to buy necessities such as food, rent, and clothing; however, payday loans can also be used to make money. I n the Internet age many people are making a full-time living working off of the Internet. If you have a great idea […]
