Finance Globe

U.S. financial and economic topics from several finance writers.

5 Ways to Make Better Financial Decisions

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We’ll spend our entire lives making financial decisions. The wrong decisions can be difficult to undo and can cause major financial troubles. Good decision making takes some practice, but here are some guidelines to help you make better financial decisions. Think through your decisions. Avoid making major decisions on impulse. Otherwise, you’re more likely to make a mistake. When you’re faced with a financial decision, take time to think through the choice. Consider all the factors...
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How to Keep an Account Out of Collections

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Not only are debt collections one of the most annoying types of accounts to deal with, they’re also terrible your credit score. Collections can stay on your credit report for seven years, making it difficult to get your future applications approved. Fortunately, there are ways you can keep an account from going to collections. Pay Your Bills On Time Accounts are sent to collections only after the original biller is unsuccessful in collecting payment from you....
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The Potential Impact of Identity Theft

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The recent Equifax data breach has many consumers questioning how worried they should be about identity theft. The answer is very worried. Think about all the credit-related transactions you’ve made - or plan to make - over the course of your life. Not only could a thief make these same transactions under your name, they could mess up your records so badly that you have a hard time making transactions of your own. Thieves can open...
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Three Tips for Using Peer to Peer Mobile Payment Apps

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Gone are the days when you had to contact your bank for a wire transfer to send money to a friend or family member, then wait two to three business days for the payment to show up in their bank account. Several mobile payment apps have entered the marketplace allowing you to make instant money transfers to other people. Another feature that makes mobile payment apps great is that you don’t need the recipient’s bank information...
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Frank
Thanks for the great tips Latoyairby. I use peer to peer mobile payments every day so these tips are very helpful to me!
Thursday, 26 October 2017 09:23
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4 Tips for Donating Money After Natural Disasters

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From hurricanes to tornadoes to earthquakes, there's almost no part of the world that's safe from natural disasters. In the wake of the destruction that comes along with natural disasters, many of us are inspired to help out by making a donation. No matter how big or small, we want our donations to make as much of a real impact as possible. Here are a few tips for donating money after a natural disasters. Check your...
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Wanderer
Appreciate the advice. Seems that my phone has found the scammers lately and it is hard to know what organizations are real? Sonet... Read More
Sunday, 01 October 2017 05:22
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Should You Accept a Pre-Approved Credit Card Offer?

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Credit card companies use information from the credit bureaus to figure out who might qualify for one of their credit card products. Then, the credit card issuer sends pre-approved offer letters to consumers that make the cut. If you receive a pre-approved offer in the mail, you should carefully consider whether you want to take it. Do you want another credit card? You don’t have to take the pre-approved offer just because it was sent to...
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What to Do If Your Credit Card Issuer Cancels Your Credit Card

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Your credit card issuer has just as much right to close your credit card as you do. If you find out your credit card issuer has cancelled your credit card, here's what you should do next. Call to find out why. Your credit card issuer won’t always warn you before cancelling your credit card. So, if you’re curious to find out the reason your credit card has been cancelled, call your credit card issuer to find out why....
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Frank
I have never had this happen myself? How about anyone else?
Wednesday, 20 December 2017 17:44
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7 Financial Moves You Can't Miss

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Throughout our lives, we have to make certain financial decisions to ensure our current and future stability. It’s hard to plan for every single thing that happens in life, but you can make a few great decisions that cover the major bases. Here are seven financial moves you can’t afford to miss. Having a steady source of income. Having a job or some other source of income is a basic requirement of being an adult. Of...
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Frank
If everyone followed these 7 rules, we would all be better off!
Wednesday, 20 December 2017 17:43
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Why You Should Never Use In-Store Financing for Furniture

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Ever noticed how your local furniture store always seems to have some kind of zero down, zero percent interest financing deal going on? When you're on the market for a new set of furniture, you might recall the most recent deal as you consider how you're going to pay for the furniture. Here's why you should always skip in-store financing, no matter how great the promotional offer seems. They're only deferring interest. The zero interest offer...
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Frank
I would generally advice to never use financing at all when making furniture purchases. Instead, wait and save up until you make t... Read More
Wednesday, 20 December 2017 17:43
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What to Do After You Pay Your Car Loan

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After what seems like an eternity of car loan payments, you’ve finally mailed off the last payment on your loan. Now you fully own your car and you’re free of payments, what should you do next? Store your title away safely. In some states, the motor vehicle department will automatically mail a title to you once the lender has notified them of the lien release. In other states, you may have to actually go to the...
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Frank
I always call the bank to confirm there is no more outstanding balance. I have had an issue before where I had a small balance and... Read More
Wednesday, 20 December 2017 17:42
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