Cosigning is generally discouraged because of all the things that could go wrong. For example, the other person might not keep up with the payments. If that happens, the late payments are added to your… Cosigned Debts in Good Standing Still Affect You
Even though the banks that issue credit cards and loans consider your income when they qualify your application, how much you make isn’t a factor that influences your credit score. In fact, your income isn’t… How Your Income Can Affect Your Credit Score
Most credit cards let you add another user to the account, an authorized user who receives a separate credit card with their own name on it. This person is able to use their credit card… What You Should Know About Adding an Authorized User
If you haven’t filed your 2011 taxes yet, today’s the day. Your completed return and any taxes due must be postmarked or e-filed by midnight tonight to be considered on time by the Internal Revenue… Taxes Due Today! April 17th 2012
Bankruptcy comes with many rules. It’s important that you follow them all, otherwise your bankruptcy case could be dismissed. If that happens, you’ll have to wait several months before you can file bankruptcy again. Or,… Mistakes That Could Cause Bankruptcy Dismissal
When you use your credit card, you’re agreeing to abide by the credit card issuer’s rules. And if you break the rules, you’ll have to pay a penalty. The good news is that the rules… You Have the Power to Avoid Credit Card Penalties
Many of us have probably been guilty of thinking that a just a few extra hundred dollars in our paychecks would forever end financial problems. But that’s not always the case. Each time a famous/rich… Famous People Bankruptcies Show More Money Isn’t Always the Solution
April is Financial Literacy Month and to celebrate, the National Foundation for Credit Counseling and the Network Branded Prepaid Card Association have completed a financial literacy survey. One of the most surprising results is the… One Third of You Aren’t Paying Your Bills on Time
Many people get excited around tax time. Who doesn’t want a few extra hundred or thousand dollars in their pocket? The more, the merrier. Do you really understand how tax refunds work? You may have… Tax Refunds Are Not Ideal, But Are Still Useful
Waiting for a response to a credit card or loan application can be nerve wrecking. You might half-expect to be turned down if you know you don’t have a good credit history. On the bright… Expect an Explanation for Being Denied