Escape Your Debt. Build Your Future.
There’s a couple to different types of consolidation loans – learn which may fit your situation best. A debt consolidation loan is a new loan you obtain to pay off various debts you have. A debt consolidation loan is usually acquired from a private lender and qualification may depend on your credit score, income and [...]
Credit counseling involves a one-on-one consultation with a credit expert; a person who understands and can explain the complexities involved in a person’s credit score. While some people get credit counseling before applying for a credit card or a loan, many others do not. While this is an individual decision that must be left to [...]
There are many different ways to hurt your credit score, either intentionally or accidentally. Find out how you can avoid damaging your credit score.
Paying off your mortgage early can certainly have a huge impact on your ability to save money. In this day and age of continual problems in the mortgage industry, it can truly be an achievement to eliminate your mortgage payments entirely before the term of the loan comes to an end. Paying off your [...]
Your credit utilization ratio is the total of your credit balances divided by the total of your credit limit. If you have credit cards and a revolving loan that make it possible for you to charge $10,000 worth of purchases and you have spent $5,000 – you have a 50% credit utilization ratio. Your credit [...]
What is Debt to Credit Ratio? In simple terms, debt to credit ratio is the amount you owe on a card to the credit limit on that card. For example, if you have a credit card with a $10,000 dollar limit and what you owe on that card is $5,000, you have a debt ratio [...]
Credit counseling is just one option for those who are struggling with debt problems and credit issues to find relief and a light at the end of the financial tunnel. However, many consumers will shy away from getting the help credit counseling offers because they fear the process will ruin their credit score. This is [...]
People with severe debt problems have many online services to choose from. Run a quick search for “online credit monitoring,” and you’ll receive page after page of links to companies that will work with your creditors and lower your monthly payments. Not everyone needs this severe sort of help, however. Many people have debt from [...]
If age is just a number, does it make a difference in your ability to have good credit or not? Because the length of credit history plays a role in calculating credit scores, it’s common for older adults to have higher credit scores than young adults. People generally have different financial goals and struggles at [...]
One of the important factors of establishing and maintaining a great credit score is based on how you pay your bills. Late payments will certainly have a negative effect on your credit status because it reflects to other lenders that you have difficulties meeting your monthly payment obligations. This does not sit well with people [...]
Last updated by at .
Our goal is to help folks get their financial lives in order. No matter what the circumstances you find yourself in, there are simple things you can do TODAY to start doing these three things:
Erase Debt, Spend Less, and Earn More
It's a simple formula, but hard to execute without a little help. Thast's what we're here for; with all kinds of easy-to-understand articles on a variety of topics to help you reach those goals.
