Credit Card debt and other forms of debt have been plaguing many Americans for years. The problem of excessive consumer debt has continued to grow without any foreseen end in sight. Is it possible to pay down debt, save money, and invest at the same time? Yes, in certain circumstances it is. Let see what […]

The Fed announced today that it is cutting key interest rates by half-percentage point in an effort to save the softening U.S. economy. The reserve bank took interest rates down by 75 basis points in an unheard of step during an inter-meeting on January 22. The central bank thus far, has cut its federal funds […]

The American consumer has become overly dependent on easy credit. Credit cards afford many a prolifigate lifestyle that is not reflective of the ground realities. The American nation has truly become a credit card nation, where consumers pursue spendthrift policies not reflective of their true financial realities. Currently, in Davos, Switzerland, the World Economic Forum […]

How many times have you looked at your credit report? Do you know your credit score? The information contained in your credit report is the only thing that directly affects your credit score. In return, your credit score impacts your ability to obtain credit and approval for loans. The score also affects the interest rates […]

Do you have the resources to take on your creditors? Do you have the time to take on the credit card companies? Most consumers are either too busy or don’t have the know-how on how to take on the creditors. Taking care of credit debt and debt consolidation with loan lenders is a rigorous debt […]

Are you someone who is constantly awaiting your next paycheck? Are you hounded by phone calls from debt collectors on a daily basis? Are you having difficulty creating a budget that actually allows you to pay your bills in a timely manner every month? If this describes your current financial situation, perhaps it’s time for […]

For struggling credit card holders, a poor credit score that is left unaddressed often outlives the events (foreclosure, bankruptcy, unpaid credit card bills, etc…) that triggered it in the first place. The importance of a healthy credit rating cannot be overestimated: A credit check is performed for mortgage, credit card, car loan, home loan, insurance, […]

Millions of Americans in the United States have a less than perfect credit rating, which is why there are so many consumers out there who are searching for ways to raise their credit score. Why is credit score repair so important? A consumer’s credit rating weighs heavily on his/her ability to obtain new loans, mortgages, […]

Consumers living paycheck to paycheck are the first to admit that falling into credit debt is no laughing matter: Merciless collectors hounding them, a tarnished payment history haunting them, and the specter of bankruptcy looming before them. Economically-stranded consumers oftentimes lack the wherewithal and tools needed to create a workable budget and manage their credit […]

Credit reports play a pivotal role in a credit card company’s evaluation of whether an applicant poses a positive or negative credit risk. Lenders extract from them personal data concerning prospective borrowers, as well as their income, debts and credit payment history. A credit report provides a profile of the cardholders’ financial life, and creditors […]