Having debt can be a good thing. Your credit history – the biggest factor that allows you to purchase big-ticket items like cars and houses – is based around how well you handle your debt. That said, many Americans are living with more “bad debt’ than what’s considered “good debt.” According to the Northwestern Mutual’s…
read moreRenovating your home wisely can increase its value and make it more appealing to buyers. Even if those renovations don’t get you a 100% return on your investment, they can make the home sell more quickly, save you money on extra mortgage, insurance and tax payments you’ll have to make while the home sits on…
read moreA high credit score will make it easier to qualify for mortgages and car loans, start a business, and, in some cases, secure a job. More importantly, a good credit score reflects a secure financial standing, meaning you have fewer money problems to worry about. Striving for a good credit score is one of the…
read moreDebt settlement is often portrayed by settlement companies as a magic bullet for anyone drowning in debt. But the truth is, debt settlement is only an ideal debt solution if : You have $10,000 or more unsecured debt You’re frequently late on debt payments You’re having trouble making the minimum payment amounts every month You…
read moreDid you know that making debt payments on time plays a significant role in your credit score? Missing a payment can bring your score down several points, and the longer you put off making payments, the more your credit suffers. Late payments bring on a slew of penalties, including: Late fees Increased interest rates Higher…
read moreIt’s no secret: whether you’re an incoming college student or their lucky parents, tuition payment strategies are an important topic before school starts. Student loans are becoming one of the largest types of debt in the nation. For most people, they are often necessary to receive a college education. If you’re not careful, student debt…
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