A guide to personal finance and debt.
Usually debt is looked at as a bad thing. It’s one of those words that people cringe at when even talking about. Debt has ruined many a friendship and marriage. But debt is not always bad. There are some reasons why debt may not be such a bad thing to consider.
Starting a business – Do [...]
There are many different types of debts, and almost everyone has debt in one form or another. Having debt is not necessarily a bad thing so long as you don’t have too much debt, you can manage your debt and you are able to pay it off. Too much debt is what causes financial problems, [...]
Read More...Did you know that credit card companies only need to send out a notice 15 days in advance of a interest rate increase? This is why it can seem like interest rates are increasing so rapidly. But there are some things that can be done to try and keep your interest rates low.
Close the account [...]
Using credit cards could be helpful or hurtful to your financial situation. There are good ways to utilize your credit and there are bad ways. So how do you know if you are using your credit card debt properly? Here are a few tips.
Using Credit to Meet Basic Needs – Are you using your credit [...]
It can be overwhelming to look at all of the bills that are coming in on a monthly basis. It can feel like it will never end and that you are in a deep hole. When a lender looks at your credit report they are looking at what type of debt accounts you have. They [...]
Read More...