You may be minding your own business one day, and then you get a sudden call from a “debt collector” that claims you owe them money. However you may not recall owing a debt or suspect that the debt in question is not yours. People often get calls from people claiming to be debt collectors […]
Taxes are a headache enough already, but unfortunately, some people may not have the funds or ability to pay off their taxes to the IRS. Tax relief companies offer their services to help those who owe overwhelming taxes; however, these companies are offering services that really anyone can do themselves. Even worse, the more unscrupulous[…..]
Bankruptcy is a term that may seem like the end of the financial road for most people, and in some cases this may be true. However, bankruptcy may be the only solution to a financial crisis and the only way to get your life back on track. Indeed, bankruptcy may be a last resort but[…..]
So you just got your hands on your most recent credit report, and as you’re looking through, you notice that there are generally two categories of credit: revolving and installment. What’s the major difference between these two? How do they affect your credit score? Let’s go over what each one means. Revolving Accounts These are[…..]
Life has many ups and downs, and nobody is perfectly on time for everything. For instance, a traffic jam could make you ten minutes late, or a blackout could occur while you’re sleeping, resetting your alarm clock. These events are unforeseen and can affect anyone down the line. A late payment on a line of[…..]
You just got your credit score and/or report and saw that you’re a few points off from getting a good deal on a car loan, installment loan, or even a mortgage, so what are you going to do? Luckily, there are a few things that can help improve your credit score in a short amount[…..]
When looking through your credit report, you might see some things that look unfamiliar to you, whether it be a strange name for a creditor, the difference between an open-end account versus an installment account, or inquiries that may pop up. All of these things affect your credit score in some tangible way. Let’s go[…..]
So you have a few credit cards in your wallet, but you might be worried about the impending avalanche of debt that may fall upon your head or the looming destruction of your credit score due to a single mistake. Credit cards are helpful in a multitude of ways: financial security, fraud prevention offered by[…..]
Banking has become a very important service in the modern world. Hiding cash-money in a mayo jar under the mattress simply does not cut it for a variety of reasons. Banking, either checking or savings accounts, is needed to receive direct deposits from jobs, transfer money electronically, or keep assets in a safe place backed[…..]