Moving Beyond Debt

Under most scoring models, credit scores (also known as a FICO score) range from 300 to 850. The higher the number, the better a person’s credit – it implies that the person is a lower risk to a lender. The score is calculated using a credit report that gathers data…

Did you know that your financial struggles could be putting your health at risk? A recent survey conducted by The Harris Poll on behalf of the American Psychological Association revealed that 1 in 5 Americans have either thought about skipping, or have skipped, a visit to the doctor because of…

It’s very important to know the rules of the credit card game because if you don’t, you could quickly find yourself in financial trouble and in need of credit card help. The following tips will help new and experienced credit card users avoid unwelcome credit card debt. DON’T accept a credit…

You probably think your credit score is the main thing that lenders and creditors use to decide whether to give you a loan. But they use other tools to measure your creditworthiness and whether you’ll have a tough time repaying a new debt. Keeping your credit in top shape involves…

You should review your credit reports every year and, if necessary, take the time to clean them up. Mistakes on your report(s) can negatively affect your credit score, which is used by lenders to determine if they’ll lend you money and, if so, the interest rate you’ll pay. Some employers…

Wondering “Is a 401(k) right for me”? The simple answer is that it’s a great retirement option for almost everyone, including those in need of debt help or credit repair. For some of us, retirement seems a very long way off. But with people living longer and Social Security’s future…

Because every credit card and loan option has its pros and cons, it is important to understand which options work best for you. Frequently, loan applications are organized in such a way that all you have to do is fill in the blanks associated with the different loan options. Perhaps…

You’ll discover that borrowing money and accessing credit always involves a basic premise – and that premise is consistent regardless of whether your borrowing is associated with a credit card, personal loan, business line of credit, or a long-term loan. The fact of the matter is; you are expected to…

Calculating your loan payments & Secured vs Unsecured Loans When it comes to interest rates, they are either fixed or variable. Both have their advantages and disadvantages. Typically, installment loans use a fixed interest rate because the repayment amount and schedule are fixed. However, revolving loans more often than not…

Let’s assume you’ve done everything a responsible borrower needs to do before applying for a loan. Meaning you’ve analyzed and evaluated your needs and financial situation, along with researching the type and costs associated with the loan. Ideally, you’ve even used a loan payoff calculator. The next step is completing…