The rich get richer. It's a common phrase generally meant to mean that it seems wealthy people have an easier time generating more income. They catch all the breaks. Similarly, it seems like those with good credit catch all the breaks when it comes … [Read more...] about How Your Credit Score Affects Loan Interest
According to the financial experts, I just made a huge mistake. In fact, if you ask them, I most likely ruined my ability to ever retire. I recently took out a loan from my 401k to do some debt consolidation, and contrary to what the so called … [Read more...] about 5 Reasons A 401K Loan Is A Good Idea For Debt Consolidation
In a recent make-over of the family finances, my wife and I purged the number of lines of credit we had open. There were several store accounts and as well as major credit cards that we felt we no longer needed. It's always a good idea to make sure … [Read more...] about Monitor Your Credit Report and Credit Score For FREE!
Becoming an adult is filled with many first time experiences including the first time one applies for a loan. It's common knowledge that when one applies for a loan their credit history and score is used to help determine whether they are approved or … [Read more...] about What Is A Person’s Starting Credit Score?
Whether youâ€™ve been stood up for a date or passed over for a job, rejection hurts. A â€œnoâ€ from a credit card issuer can be disappointing, too, but itâ€™s nothing personal.Call the issuer and ask why you were rejected, says … [Read more...] about How to Handle a Credit Card Rejection
Everybody faces unexpected expenses from time to time. Some people have an emergency fund in place to quickly handle the situation, and others turn to credit. There are some occasions, however, where a person has nowhere to turn. Lacking an … [Read more...] about 8 Rules To Borrowing Money To Friends And Family