Credit card debt has been growing in the nation by leaps and bounds. Over the years consumer credit debt has been growing at record levels to reach into the billions of dollars. The average household credit debt is approximately $9,000, and is still growing. Unlike in the past, credit card companies have been charging excessive […]

The consumer debt situation has grown unabated for close to two and half decades. The average credit card debt in America is $9,000 and the overall debt is even higher. The majority of the consumer debt is made up of credit card debt. The debt situation is getting worse every day but the debt is […]

A credit score is the final result of a complicated formula that is used to forecast risk for loan lenders and creditors. The credit score is determined by using information in your credit report, account history and/or applications. The main purpose of the exercise is to accurately ascertain the timely payment of accounts, as well […]

Mortgage refinance has always been the choice for homeowners when mortgage rates are lower. In the beginning of this year, mortgage rates fell below 6% for the first time since 2005, leading to a surge in mortgage refinancing. In January, more than half of the all mortgage loan applications were for mortgage refinancing. Just in […]