This writing covers well the factors of credit. Would add that there are many schools of thought on closing accounts ranging from it is nice to not have an extra account or I wasn't using it and I don't want it closed for inactivity by the lender. An

Good information and your stressing the point about not ignoring the medical bills as they can affect your future for many years in a negative way is for sure. Thanks for the good information!

Your credit score is an important number to keep up with, especially if you have a major loan coming up. For example, if you're planning to buy a house or car in the next few months, your credit score affects whether you're approved for a loan and th ...

Wanderer posted a comment on How Does the Fed Rate Affect You? yesterday

The loss of jobs is ever a sad perspective but, when you realize we are in the longest period of growth ever, it is not surprising that the economy has run out of steam. One other item that will benefit consumers is most credit card products are of a

FrankN created new blog entry Cheap Travel Tips in Saving and Investing yesterday

It is in the middle of the summer and many people are traveling on vacation with their families. You probably want to save a few dollars and not spend all of your money traveling. However, don’t let money stop you from traveling, there are tons of wa ...

The federal reserve recently announced that it cut its benchmark interest rate by a quarter percentage point, the first cut since the 2008 financial crisis. The new short-term range will be between 2% and 2.25%. The rate they reduced is the federal ...

If you are young and healthy, you probably are not that concerned about medical coverage. However, that doesn’t mean you won’t have an unexpected medical emergency and get you stuck with a huge medical bill. Some medical expenses can be so high they ...

Opening a new business may allow you to utilize governmental programs based on funding from state and local governments as part of their economic development programs. Many options may exist for smaller dollar amounts to help you open your doors.

Certainly is a lot to consider when buying a new or pre-owned vehicle. Noticed people commenting about taking 72 month or 84 month loan pay back time frames and finding themselves under water. Thinking that unless we are really sure about finances, m

Wanderer posted a comment on How Long is Debt Valid? 7 days ago

Learned a lot in this Blog! WOW! Reminds me of "tip toeing through the tulips" as you need to be ever so careful! Many legals to watch for. Thanks for putting this information out there for us!

There is a lot that goes into starting a small business, with the financial side of doing so requiring plenty of attention. In a perfect scenario, you’d have all the money you need to start and grow your business from the ground up. But, even if thi ...

latoyairby created new blog entry How Long is Debt Valid? in Credit and Debt 1 week ago

If you're dealing with multiple debts on your credit report or you're getting calls and letters from debt collectors, you may wonder if the debt is still valid. Debts generally don't "go away" just because they get older. However, older debts do reac ...

A suspicious charge on your credit card. Calls from collectors about accounts you didn't know of. Alerts of new inquiries on your credit report. These can all be signs that someone has stolen your identity. Confirming identity theft can take time. Bu ...

Finance Globe created a new topic ' Current Market Conditions' in the forum. 1 week ago

A lot of risk and wild swings based on trade and currency wars, given current market price levels. Some people are calling a market top in the major stock indexes, and I agree this is very possible. Precious metals have been on a steady rise over the past few years, and more-so over the last several months. Of course hindsight is 20/20, but risk management is necessary.

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Finance Globe replied to the topic 'Rising Credit Card Debt' in the forum. 2 weeks ago

It's difficult to understand why average credit card rates have been steadily rising over this 10 year low interest rate cycle. What happens to people with high credit card debt when rates rise?
https://www.financeglobe.com/credit-cards/rates/
https://wallethub.com/edu/cc/historical-credit-card-interest-rates/25577/
https://www.creditcards.com/credit-card-news/historic-credit-card-interest-rate-chart.php

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Comparing credit cards is both easier and more difficult than ever before. On the plus side, there are two things working in your favor: •    The large number of credit card offers to compare and choose from•    The ability to gather information on ...

There are many reasons to consider a business loan. While it may sound like the perfect idea, this is a big financial decision that will affect your business on many levels. Before you wholeheartedly decide in favor of a business loan, here are some ...

ChrisB created new blog entry 5 Things to do With Your Next Bonus Check in Your Money 2 weeks ago

Do you typically receive at least one bonus check from your employer every year? Do you often struggle when deciding how to use the money? It’s not always easy to decide how to use a bonus check, but this is a good problem to have. If you need a pus ...

ChrisB created new blog entry How Much Should You Spend on a New Car? in Buying a Car 2 weeks ago

According to analysts at Kelley Blue Book, the average transaction price for light vehicles in the United States is hovering around $37,500. Even if you’re willing to spend this much on a new car – or more – it doesn’t mean you should make a foolish ...