You want your child to grow up as a responsible adult. You did all the right things raising him/her, or at least you think you did. But, did you teach your child about credit? Have you personally helped him/her build their credit? Many parents miss […]
Setting financial goals is one of the most important favors you can do for yourself. When you prioritize your financial health, you’re giving yourself peace of mind for the future. It also means that you’ll have something to show for all your hard work besides […]
Making a New Year’s debt reduction resolution is a popular practice. What’s not as popular as sticking to that resolution for the entire year. If you’re serious about getting out of debt (or substantially reducing it), you need a strategy to guide the way. Here’s […]
When the bills for all the gifts, food, and merrymaking come in January, all those ho-ho-ho’s are likely to turn to oh-oh-oh-my’s if you don’t watch your spending! With all the “good deals” and the desire to make this the best holiday ever, it’s easy […]
According to the Federal Reserve bank of New York, Americans have a net household debt of over $14 trillion. More than half of the US adults (51%) are reeling under the pressure of debt, per a survey by Bank of America.. If you have debt, […]
Your credit card bill shows a lot of information. So much that it can be overwhelming. If you’re focusing on the ‘important information’ on your billing statement, you will want to look at 3 areas: The total balance, The minimum payment, The due date. You […]
Did you know that being an authorized user on someone else’s credit card can actually ruin your credit? It’s true! As an authorized user, you piggyback on someone else’s credit card usage, payment history, and how they manage their credit card. If they have great […]
If you’re finding that your student loans reported incorrectly on your credit report and ruined your credit score during the pandemic, you aren’t alone! Great Lakes, one of the largest student loan servicing agencies, is accused of violating the student loan debt relief as outlined in the […]
Identity theft is a major problem. Reports indicate that roughly 7% of American adults have been victims of identity theft at some point in their lives. In fact, identity theft scams cost Americans over $16.9 billion in 2019. Do you have a similar experience? Identity […]
The US Department of Education did some loan servicing restructuring and Nelnet and Great Lakes weren’t a part of it. As of December, of last year, the Department of Education severed ties with the two servicing companies, but borrowers seem to be paying the price. […]
