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.
Bankruptcy has a bad reputation for ruining lives. Truth be told, if you’re considering bankruptcy, life may not be that great right, especially where your finances are concerned. But, bankruptcy’s negative reputation might keep you…
Another bad thing about losing a great job is losing your benefits, especially your health benefits. Medical debt is one of the leading causes of bankruptcy and losing your health insurance puts you at greater…
A balance transfer can be a tricky transaction. You might start out fully intending to pay off the balance while you still have a great interest rate. But if you’re not careful, you could end…
Few things are more embarrassing than having your credit card declined, but try not to overreact if it happens to you. Keep a cool head and try to figure out what’s going on. What to…
Multiple payments, various interest rates, and different balances can make it difficult to pay off credit card debt. Not to mention the nuisance of juggling various due dates and payment amounts. Consolidating credit card balances…
As a credit card user, having the right understanding of credit cards is necessary to stay out of credit card trouble. The credit card agreement doesn’t spell out responsible credit card use and unfortunately, many…
An emergency fund is the best way to pay for unexpected expenses. But, even if you do have an emergency fund, you may not have enough time to get the money out of your savings…
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…
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…
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…