Christmas is one season that sparks excitement and anticipation. It is time to come together as an extended family, decorate Christmas trees, exchange gifts, and generally have fun. All these festivities require spending money, and, if you did not adequately plan for Christmas, you can end up spending more than you can afford leading to … Read more
If you are a student or the parent of a student, student loan payments may be on your mind. There are very few graduates who don’t have student debt to be repaid after graduation. Fortunately, there are ways to make student loan repayments more manageable and put you in a better position to service your loans. … Read more
Sometimes spending on a credit can feel like you’re not spending anything at all, and that can cause some major trouble in your finances. Credit cards are more prevalent now than ever before and there’s no getting away from them. While they make for a more accessible way of spending and are great for building … Read more
If you already have a home in these economic times and you want to save more money or have some extra cash, you might want to check your home equity line of credit or HELOC. A HELOC is a loan that lets you borrow against the value of your home to a certain degree. You … Read more
Credit cards have always been a great companion for many, especially as they provide a quick and easy way to make transactions. Moreover, they offer a wide range of perks, depending on the type of card and company you choose. Because of the variety of benefits offered by these cards, many people continue to use … Read more
A lot of people shy away from the idea of buying a house, simply because the mortgage process is complex. In addition to a down payment, there are also other things to consider like credit rating, income stream, and application process. Signing up for a mortgage isn’t that hard, as long as you know what … Read more
Cashback is one of the most popular credit card rewards as it lets you spend money and earn money back at the same time. For example, if your credit card offers 5% cash back on all purchases, a $10 purchase will give you $0.50 back. Several online stores also offer various cashback promotions. The rewards … Read more
Using a credit card has many advantages. Beyond convenience, you can earn credit card rewards such as cashback or miles points. If you prefer perks for travel, a travel rewards credit card is best for you. Paying through cash or a debit card only leads you to spend money without getting anything in return. However, … Read more
Have you ever been late on a credit card payment, just to see your interest rate soar out of control? If yes, then a penalty APR is most probably the culprit. A penalty APR is one of the lesser-known and most costly consequences of a late credit card payment. It’s a higher annual percentage rate … Read more
There are a lot of credit card options out there, and each of them comes with its own laundry list of bonuses. Some offer big sign-up bonuses, and this could be very enticing to prospective cardholders. However, while the perks can be exciting, there are also downsides to credit card sign up bonuses. When looking … Read more
By shopping online, you can find the best deals, and get your items delivered right to your door without having to leave the comfort of your own home. Online shopping is convenient, but convenience always has a price. As the number of online shoppers has grown, so have the threats, with more and more criminals … Read more
Sometimes you get caught up in a million different things that you may forget to pay your credit card bill on time. However, this mistake should not be repeated as falling behind on your credit card bill payments can negatively affect your credit score. Credit card companies generally share your credit card payment details with significant consumer credit … Read more
Having a credit card is great as it allows you to stroll cash-free when you’re shopping or traveling. The only thing that makes a credit card confusing is the processing rates, which are a little overwhelming if you’re new to them. Processing rates differ per card, as some have tiered pricing or membership pricing. Figuring … Read more
They say it’s all about timing, and it’s particularly true when it comes to paying for loans. The most significant factor weıghıng in your credit score is paying back your credit card and loan balances on time. Your credit score is used by lenders and creditors to decide whether to offer you products including mortgages, … Read more