Older Americans are Facing a Student Loans Crisis
Millennials aren't the only ones facing issues with student loans--their parents are suffering, too. The Consumer Financial Protect Bureau has reported that more baby boomers are carrying student loan debt into retirement than ever before: an estimated $66.7 billion worth, in fact. There's a fear that this debt is leading…
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4 More States Got Home Loans That Are Military-Friendly
Those in the military get housing benefits, but four more states just got military-friendly loans: Georgia, Florida, North Carolina, and Pennsylvania. The Georgia Dream program provides assistance to first-time buyers, those that haven't owned a house in three or more years, and those who live in designated areas. The Florida…
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Why You Shouldn’t Ignore a Credit Score Because It Has a Fee
Just because a credit card has a fee doesn't mean it's something you should overlook and rule out. Here are some reasons why you should reconsider those cards.1. There can be large welcome bonuses.2. They offer better rewards.3. There aren't foreign transaction fees.4. There are extra benefits.5. Travel credits offset…
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How Credit Scores Are Born
Ever wonder what goes into making your credit score? We’ll help break it down for you. Generally loans, interest rates, and all other finances get a lot pricier when your score falls below 750, despite the fact that a 700 score would be labeled as great. You can get better…
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Credit Card Debt: Is A Personal Loan The Answer?
Credit card debt can feel like a two-ton elephant sitting atop your finances. Many cards have high interest rates and, depending on your balance, you may have high minimum payments, too. If this scenario hits close to home, you may want to investigate a low-interest personal loan. Image via Flickr/Debt…
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You Can Still Get A Car Loan If You Have Bad Credit
Getting an auto loan with bad credit – especially a loan with favorable terms – can be an uphill battle. If you can get one, though, making consistent payments on it is a great way to improve your credit score. So before you lose heart, take a look at the…
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These 18 Things Can Harm Your Credit Score
Although your credit score is made up of just three little numbers, there are multiple factors that go into it. Many financial decisions can actually harm your score without you even knowing. Read on to ensure you are making these 18 common credit score missteps. Image via Flickr/Matt Madd Continue…
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Learn How Your Credit Score Affects Your Mortgage Rate
The interest rate you get on your mortgage loan is one of the major factors in whether you can afford to buy a home. This rate is dependent on your financial health, most especially your credit score. Read on to learn how your score might affect your ability to purchase…
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The Average American’s Credit Card Debt Is Growing
A credit union may not be the first type of lender you think about when you’re looking to get an auto loan, but there are more than five thousand federally-insured credit unions operating in the United States, and more than a third of their business is in auto loans. Read…
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Ten Things To Know Before You Use Your First Credit Card
If you’re about to begin using your first credit card, consider what you’ll need to know in order to be savvy about your spending. These ten tips from the experts could save you thousands of dollars over the lifetime of your card, so read on to learn how to be…
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