Even though the economy is improving and companies are offering more and more jobs, it’s still difficult for many people to live from day to day. Many are recovering from layoffs. Some have children to care for. Others have had their savings wiped out by unexpected medical bills, car repairs and other emergency expenses. Many have stopped paying on their mortgages. Some have had cars … [Read more...]
Debt & Credit Scores
The first step to getting out of debt is to get a strategy and a plan in place to get there.
Equifax, one of the three major credit reporting bureaus in the United States, experienced a data breach that has affected 143 million users. The hackers obtained Social Security numbers, addresses, birthdates, and driver’s license numbers. This has put millions of people more vulnerable to identity theft, and this does not exclude you. Protecting yourself from hackers can be a tedious task, and … [Read more...]
As we all have experienced, debt is easy to accumulate but hard to pay off. This is especially true if you have experienced financial difficulties along the way, such as job loss, pay cuts, medical expenses, unexpected bills and other situations that have blown apart your budget. To get back on track, we are often resigned to paying just the minimum balance on our credit cards. This does … [Read more...]
When financing large purchases, such as a home or automobile, you sometimes need help from professional brokers and lenders. There are plenty to choose from today, but two of the top companies in this industry are Quicken Loans and LendingTree. Both lenders provide added convenience and help speed up this often times complicated process, but which one is better? Let’s take a deeper look … [Read more...]
Reviewing your credit reports will help you balance your finances - your mortgage rates, credit card approvals, accommodation requests, and job applications depend on it. Credit bureaus like Equifax, TransUnion, and Experian gather your data to create a report of your credit history – this is called a credit report. Credit reports will determine will give you a credit score which represents … [Read more...]