Finance Globe

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

Home Equity Loans; The Good, The Bad, The Ugly

Your home is a valuable asset. It can be a “forced savings” even if you haven’t made any other investments. This investment can be a safety net if you come across a need for money. It takes many years to pay down your mortgage and build up equity, but over time it can amount to much more than you would ever be able to put away otherwise. Home equity is the amount of the value of...
Continue reading
  4124 Hits
  0 Comments
4124 Hits
0 Comments

Rebuiling Bad Credit

Life is unpredictable. We might get into situations we hadn't planned for. Job loss, medical emergencies, divorce, or just living beyond our means can get us into financial trouble. No matter what causes our bad credit, it can prevent us from getting that mortgage or auto loan that we really need. It takes time, money, and discipline, but bad credit can be repaired. First, you need to know what is on your credit report. There are...
Continue reading
  4648 Hits
  0 Comments
4648 Hits
0 Comments

Establishing Credit

Credit = convenienceWe live in a consumer-driven society. We enjoy nice things like cars with more options and big houses. If we all had to work and save until we could pay cash for something, many of us would never be able to have those things. Being able to buy and use something now and then pay for it later opens many doors. This can greatly improve our quality of life. Establishing credit and proving creditworthiness...
Continue reading
  2970 Hits
  0 Comments
2970 Hits
0 Comments

Secured Credit Cards

My first credit card was a secured card.I was 19, had a stable job and paid my rent and utilities on time. I spent money responsibly and took pride in managing my finances. I thought it would be easy to get a credit card.I soon learned that creditors did not see me the way I did, I had not established credit by simply paying my bills. How can a person establish credit if nobody will give...
Continue reading
  3332 Hits
  0 Comments
3332 Hits
0 Comments

Choosing the Right Credit Card

Choosing a credit card at Finance Globe is designed to be fast, simple and efficient. However, choosing the wrong card can lead to unnecessary costs or fees, a feeling of resentment and unpleasant surprises. With your credit and wallet at stake, you really need to know how to choose the right card. Most credit card offers - from your mailbox, the bank, or on the web - can be confusing. The headlines are bolded, bright and...
Continue reading
  3392 Hits
  0 Comments
3392 Hits
0 Comments

By accepting you will be accessing a service provided by a third-party external to https://www.financeglobe.com/