How to Cure a Credit Card Delinquency
The consequences of a credit card delinquency are too serious to ignore. Not only could you have to pay a late fee, your interest rate might increase to the highest default rate. Late payments past…
latoyairby
LaToya Irby is a full-time freelance writer and a graduate of the University of Alabama. She primarily writes about personal finance, freelancing, and other self-employment topics.
Consumers Say Overspending is the Biggest Financial Regret
Financial mistakes are bound to happen. Some are worse than others. According to a poll from the National Foundation for Credit Counseling, the biggest financial regret is habitual overspending. More than 2,200 people responded to…
Expensive Credit Card Slipups
You can use your credit card free, but it requires you to “color inside the lines” so to speak. Make a mistake and it could cost you. Paying on the due date. Normally, internet and…
How Will a Denial Affect Your Credit Score
Even with a great credit score, you’re not guaranteed to have your credit card and loan applications approved. Lenders consider a few other factors outside your credit score like your income and employment history. If…
Re-establish Your Credit After a Major Setback
It’s hard to keep your credit intact when you’re going through a major life change like divorce, job loss, medical illness, or relocation. Your credit score can suffer in the process of these big changes,…
Checking Account Advance Only Slightly Better Than Payday Loans
Several major banks now offer a short-term loan product similar to payday loans. If you have a checking account in good standing with direct deposit, you may qualify for a checking account advance or direct…
Earn More With a High Yield Savings Account
If you have (or have thought about) a savings account at a traditional bank, odds are you aren’t getting a great rate. Savings accounts have one of the lowest rates of all types of investment…
Credit Mistakes You Don’t Want on Your Credit Report
Your credit report contains a record of most of your financial decisions. It impacts more of your life than you’d imagine – some parts that aren’t directly related to your finances. If you want to…
Credit Card Numbers are Stolen More Often Than Other Data
Of all the types of information that can be stolen, thieves steal credit card numbers the most. According to an Identity Fraud Report from Javelin Strategy & Research, most data breach victims in 2011 had…
Carrying a Credit Card Balance
Paying your credit card balance in full each month is the ideal way to use your credit card. You don’t risk getting into debt and you never have to pay interest on the balance (as…