Improve your credit score, manage debt, and understand how credit works. From credit card usage to debt consolidation and credit repair tips, this section gives you tools to strengthen your financial foundation and regain control of your money.
Have you recently filed for bankruptcy? It does not matter if you chose to do so through Chapter 7 or Chapter 13, this will have both a positive and negative impact on your finances at the same time. Once your case comes to an end and it is time to move on with your life, … Read more
Are you considering the benefits of taking out a home equity loan? For many, this is the best way to get the money they need for a home improvement project, to pay an unexpected debt, or some other need. While there are many advantages of using a home equity loan, compared to other options, this … Read more
If you find yourself considering the pros and cons of bankruptcy, there is a good chance you are on the fence as to whether or not you should move forward. While some people decide to file right away, others hold off as they are unsure of if doing so would be in their best interest. … Read more
There may come a time when you need to apply for a business credit card. This holds true no matter if you are a “one man show” or in charge of an organization that is growing at a rapid pace. With hundreds of business credit card offers to compare, there are multiple questions to answer … Read more
Last year, almost than 4 million South Carolina taxpayers had their social security numbers compromised when the state’s Department of Revenue suffered a data breach. In addition, close to 400,000 credit and debit card numbers were also stolen. Taxpayers who filed returns in the state as far back as 1998 were impacted. Since last year, … Read more
There’s currently more than $1 trillion in outstanding student loans debt and more than 7 million borrowers are in default on their student loan payments. There are dire consequences to defaulting on a student loan, especially a Federal student loan. First, your tax refund may be withheld and used for repayment for the debt. Any … Read more
The Fair Credit Reporting Act gives consumers the right to use a credit reporting agency who violates their rights. An Oregon woman recently won an $18.4 million judgment against Equifax, one of the three major credit bureaus, for violation of her credit reporting rights. Julie Miller, the plaintiff in the case against Equifax, initially requested … Read more
“Would you take a taxi on a cross country trip?” asks the Consumer Financial Protection Bureau in an infographic summarizing the findings of their recent white paper on payday loans (and checking account deposit advances). Of course you wouldn’t take a taxi on such a long road trip because it would be expensive. Though they … Read more
Most of us have some type of monthly service that we don’t want to have ended abruptly – like water or electricity, for example. So, if your service provider calls you saying that you’ve missed a payment and need to make one immediately to avoid interruption, you may be eager to give up your bank … Read more
When Bankrate.com surveyed consumers about their credit card debt and emergency fund or savings, only 55% of them answered that they have more money saved up than they have in credit card debt. Forty percent (40%) either has more in credit card debt than in savings or no credit card debt or savings at all. … Read more
