Category Archives: Debt

Fastest Way to Pay down Debt

I’ll assume you’re reading this post because you’d like to become debt-free as fast as possible. Who wouldn’t? This post will tell you exactly how to do just that. But keep in mind, getting rid of debt quickly is not … Continue reading

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The Mango Visa Prepaid Debit Card… Which Offers 6% Interest!

Yes, the Mango Prepaid Debit Card gives 6% interest for funds held in the complimentary savings account (at First Bank & Trust). This high interest rate pales in comparison to traditional savings accounts. 6% is completely outrageous for 2015! It’s definitely … Continue reading

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10 Types of Unsecured Loans to Choose From

Unsecured loans are loans that aren’t attached to collateral. A lot of people like unsecured loans because they don’t have to worry about losing everything if they’re unable to pay. However, if you’re thinking of taking out an unsecured loan, … Continue reading

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SBA 7(a) Loan Program May Cease at End of Month

The Small Business Administration (SBA) 7(a) loan program is commonly considered to be the cheapest way a US business can get financing.  This month, loan interest rates are hovering between 5.5% and 8%. Other perks include underwriting into the millions … Continue reading

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Tips and Tricks for Keeping Track of Your Finances During Bankruptcy

First, let’s get something out of the way: declaring bankruptcy does not make you a failure or a deadbeat. It is one of the many negative and pervasive myths about bankruptcy that people who file for it are either dumb … Continue reading

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Forget Credit Scores: Now Almost Anyone Can Finance a Car

It’s a headline that could all too easily be referring to mortgages of the pre-2007 era, except for the mention of car finance. Back then, banks would happily approve mortgages at a rate of seven-times income with minimal affordability checks … Continue reading

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Did Credit Karma Just Fundamentally Change the Free Credit Score Industry?

Credit Karma recently announced it was now offering all its customers two free credit reports, an expansion from the one it had previously been offering. Most of those following Credit Karma and the free credit score and report industry looked … Continue reading

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How to Create a Better 52 Week Money Saving Challenge

There are a lot of people who consider taking the 52 week money saving challenge as part of their desire to better their finances. It’s a great way to encourage yourself to save money, and it’s a worthwhile endeavor. There … Continue reading

Posted in Budgeting, Debt, Personal Finance, Saving Money | Tagged , , , , , | 3 Comments

Are Credit Karma, Credit Sesame and Quizzle Free Credit Scores Really Free?

For those searching for their credit score, there are a number of ways to obtain it. There are many companies such as Credit Karma, Credit Sesame and Quizzle which advertise they’ll give you your credit score for free. The question … Continue reading

Posted in Credit Cards, Debt, Personal Finance, Saving Money | Tagged , , , , | 4 Comments

Credit Karma Makes Credit Report Errors Easier to Fix

For those who are concerned about their credit scores, one of the key elements to look at is your credit report to make sure that it’s accurate. For the estimated 42 million people who have an error on their credit … Continue reading

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The 3% Home Loan Down Payment is Back

Saving for a down payment on a home loan can take years, especially when most lenders want a minimum of ten percent down.  That’s still a lot less than the 20% which used to be normal. This makes the dream … Continue reading

Posted in Debt, Housing, Insurance, Personal Finance | Tagged , , , , , , | 3 Comments

10 Reasons You Should Skip Shopping Thanksgiving Day Sales

The official start for shopping for the holiday season used to be Black Friday, the day after Thanksgiving. That’s no longer the case. Pre-Black Friday deals started to get promoted the day after Halloween, and now the official start to … Continue reading

Posted in Credit Cards, Debt, Holidays, Personal Finance, Saving Money, Shopping | Tagged , , , , , | 6 Comments

Will Using Credit Karma Hurt Your Credit Score?

One of the questions people often have when using free credit score sites like Credit Karma, Credit Sesame and Quizzle is whether using them will ultimately hurt their credit scores. This question usually arises because they hear somewhere that checking … Continue reading

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Does it Matter Credit Karma, Credit Sesame and Quizzle Don’t Give a FICO Score?

A common criticism that people direct at credit check websites like Credit Karma is that the free credit score that they offer you is not an actual FICO score. Credit Karma gives users the options of 3 different types of … Continue reading

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How Credit Karma, Credit Sesame and Quizzle Can Help You Save Money

The fact is that many people don’t pay much attention to their credit scores. In this day and age, the ability to comprehend how your credit score can benefit or hurt you is important to learn. If you don’t have … Continue reading

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Time to Refinance? Dropping Mortgage Rates Should Make You Consider the Option

With the drop in mortgage rates seen this week, millions of Americans are now asking themselves if it’s finally time to refinance their mortgage. The sudden drop in rates, caused by plunging stocks as fears over Ebola, global economic weaknesses, … Continue reading

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Credit Karma vs Quizzle: Which is Better for Free Credit Scores and Reports?

There are so many websites out there that promise free credit scores and free credit reports. The problem is many of them walk the tightrope of being scams, and only a few of them tend to deliver on their promise. … Continue reading

Posted in Credit Cards, Debt, Personal Finance | Tagged , , , , , , , , | 16 Comments

Occupy Wall Street Strike Debt Retires Nearly $4 Million of Student Loan Debt

One of the offshoots of the Occupy Wall Street movement which has had a direct impact on individual lives is Strike Debt. This arm of the movement had a unique idea which has actually worked. The movement formed an entity … Continue reading

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Six Reasons to Like Credit Karma, Quizzle and Credit Sesame

If you want to find out your credit score these days, it’s a lot easier than it was even a few years ago. With sites like Credit Karma, Quizzle and Credit Sesame, you can find out your credit score by … Continue reading

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Will Student Loan Debt Still Be a Problem for Seniors in Retirement?

Student loan debt is usually considered a problem of youth, but a report released this week by the Government Accountability Office (GAO) has sobering statistics on the number of Americans who are still paying off student debt between the ages … Continue reading

Posted in Debt, Education, Personal Finance, Retirement | Tagged , , , , , , | 2 Comments