How to Calculate and Improve Your Credit Score
Your credit score is one of the most important measures of your creditworthiness. Commonly known as the FICO® score, it’s based on metrics developed by Fair Isaac Corporation. This is not the only way to get a credit score, but the FICO® score is most commonly used by lenders to determine the risk involved in […]
Ways to Save Money on a Tight Budget
A recent survey found that 62% of Americans have less than $1,000 dollars in their savings account—if they have any savings at all. While most people would like to set aside money each month, a tight budget can make this seem like an impossible task. If this sounds like you, here are eight practical ways […]
How to Combine Finances with Your Partner
If you’re in a committed relationship, there comes a time when you start talking about taking your relationship to the next level. Are you considering marriage or moving in together? You should discuss your finances before going any further. Combining finances with your partner is a big step in a relationship. Whether you merge 100% […]
Good Debt vs. Bad Debt
The word “debt” typically elicits less-than-positive emotions. Whether it’s that massive student loan or a seemingly unending mortgage payment, debt can feel like quite the burden. But did you know that some debt has benefits? Examples of good debt Many people don’t realize that carrying certain forms of debt can be beneficial to their credit. […]
The Truth About Buying Holiday Presents on Credit
According to the National Retail Federation, the average person plans on spending over $1,000 on gifts this holiday season. And with additional spending comes the need for additional funding, which is when using credit seems like the best option. Here’s our top three reasons why you should avoid using credit for holiday presents: It costs […]