Successfully Managing Your Credit
The easiest way to fall into the bottomless pit that is debt is by not knowing how to manage your credit successfully. Credit cards are not given to only those with financial savvy and they don’t come with an instruction manual on how to use them.
The average American has anywhere from five to eight credit [...]
7 Stupid Strategies for Credit Card Consumerism
The following is a guest post from Heather Johnson, a freelance business, finance and credit writer, as well as a regular contributor for BusinessCreditCards.com, a site for comparing small business credit cards. She welcomes questions, comments, and freelancing job inquiries at her email address heatherjohnson2323@gmail.com.
Consumers in the United States are leading the charge in [...]
Offer to Switch Citi Dividend to World Mastercard
Today I received a phone call from Citi welcoming me to the new Citi Diamond Preferred Rewards World Mastercard. They stated that my old Dividend card will automatically switch to the new card if I do nothing by June 30, but that I can keep my old card if I want.
Others have received the same [...]
The Truth About Payday Loans
The Kansas City Star recently reported that a single mother used a payday loan to borrow $300 for a trip to the dentist. When she couldn’t pay the loan two weeks later, she extended it and paid $50 twice a month for almost four months and still owed the entire principle amount.
A woman in North [...]
Kids and Credit Cards
A recent study by the Credit Abuse Resistance Education (CARE) program showed the number of 18- to 24-year-olds declaring bankruptcy has increased 96 percent in the last ten years. Credit payment problems are one of the key reasons younger people file for bankruptcy. According to the CARE report, Bad credit can negatively [...]
FHA Loans
An FHA loan is a mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally-qualified lenders. FHA loans have been helping people become homeowners since 1934. FHA’s mortgage insurance programs help low and moderate income families become homeowners by lowering some of the costs of their [...]
My Credit Score
Beginning the process of searching for a mortgage, I recently received my credit report. The numbers look pretty good as I received scores of 783, 783, and 778. So, what the heck is a credit score anyway? When you apply for credit – whether for a credit card, a car loan, or a mortgage [...]
