Dec 17, 2014Many of us have a family member or friend who seems to be unable to get it quite right with their finances. Whether they are our children, and are just starting out or an older relative or parent who has taken a financial hit, if they come to us for help, we want to be able to give them the help them the help they need. This help can come in the form of cosigning for a loan.
Dec 21, 2016Debt free people aren’t born, they’re made. It’s easy to look at people without debt with stank-faced envy as you spend your days paying off student loans, car payments, or the speedboat that solved your midlife crisis. However, becoming one of them might not be as complicated as it seems.
Dec 17, 2014It is so easy to manage your finances online. Paying bills, transferring funds, and buying anything you could possibly need is becoming the new norm. With the dramatic increase in online activity, it comes as no surprise that cyber crimes are also on the rise. The Internet Crime Report for 2012 shows an estimated $525,441,110 was lost due to cyber crime, an 8.3% increase from 2011. You can buck the trend by protecting yourself in a few easy steps
Dec 21, 2016It is a sad day when a debt settlement company is charged with the same type of fraud perpetrated by the creditors with whom they are pledging to define agreements with. This is exactly what happened recently when the Consumer Financial Protection Bureau filed a civil suit against Mission Settlement Agency, a debt settlement company based in New York. While hardly surprising—debt settlement companies have earned an increasingly predatory reputation—this incident highlights how careful consumers need to be when considering enlisting help from a debt settlement company or credit counselor.
Dec 19, 2016Have you ever filled out a credit card application at a booth because of what they were giving away? Maybe it was a T-shirt or a coupon? Perhaps it was an entry in a raffle to win a car? Chances are, you received the card, but never even opened the envelope. You would think that by not opening the envelope you are protecting yourself from making a bad decision with the card. If that is the case, you are only partially right.
Apr 25, 2018Editorial Note: This content is not provided by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the issuer.
Advertiser Disclosure: The card offers that appear on this site are from companies from which SmartAsset.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SmartAsset.com does not include all card companies or all card offers available in the marketplace.Ready to dig yourself out from under that mountain of credit card debt? Who wouldn't be? It might seem like an impossible task, but it's really not. You just need a card that doesn't keep bombarding you with ridiculous fees and interest charges. Everyone makes mistakes now and then, and being one day late on a payment shouldn't cost you $35 and send your interest rate into the stratosphere.
Dec 16, 2014According to the 2010 Commonwealth Fund Biennial Health Insurance Survey, 53 million people had trouble paying or were unable to pay their medical bills. Of that 53 million, 30 million had been contacted by a collections agency over unpaid medical debt. Medical debts can have a severely negative impact on your credit score for several reasons, and there has been debate over whether they should be as credit-impairing as they currently are. Here’s our breakdown of the situation.
Feb 28, 2017Managing finances can be tricky for anyone, but doing so tends to be particularly tricky for service members. Members of the armed forces and their families can receive a number of financial benefits during deployment. However, these benefits often vary depending on a service member’s location.
Dec 15, 2014The old saying "don't fix it if it ain't broke" was not created with your credit score in mind. Unless you have perfect credit (which you probably don't), your credit score can always be improved. Why? Because everything related to your personal finances revolves around these three little numbers.
Jun 19, 2018Your credit score is a number that will follow you wherever you go. Whether you are applying for a home loan, opening new lines of credit, or venturing into a new investment, your ability to obtain credit is incredibly important. Even small, seemingly arbitrary decisions can affect your credit score. Here are ten common mistakes people make that hurt their credit.
Dec 22, 2016If you’re in the market for a new home, you’ll need to take a few steps to make sure your credit is the best it can be. Doing so will make securing a mortgage that much easier. SmartAsset put together a step by step guide to preparing your credit so that you can get a great loan and pay the least amount of interest possible.
Dec 15, 2014VantageScore Solutions recently introduced a new credit scoring model. Introduced in March 2013 Vantage Score 3.0 has already established itself as one the most unique credit scoring systems in the country.
Dec 15, 2014Tax season is more than upon us, the official deadline is just one week away on April 15. While some can expect returns upon filing, there are others who have a tax liability — an amount owed by an individual to the government. Depending on your income level and assets, including investments, properties, etc., the amount you are obligated to pay the IRS may be more than you have at your disposal.
Dec 22, 2016The F-bomb has become a pernicious problem for many Americans. No, not the F-bomb that makes a PG-13 movie rated R. We're talking exclusively about foreclosures. Though home values have risen substantially across the country since the summer of 2012, there are still many Americans dealing with the threat or reality of foreclosure. Foreclosures rose by 25 percent in North Carolina last year alone, according to Journalnow.com.
Dec 21, 2016Who you are is important, and your identity is directly connected to your credit score- the single most important three digit number in personal finance. If you’re looking to buy your first home, looking for a new home mortgage, insurance or a credit card, nothing is more crucial than what your credit report says about you.
Mar 14, 2018Your three-digit credit score is sometimes all that stands between you and a house, the best insurance rates, your own business or even your next job. Unfortunately, thanks to the recent financial crisis, “good credit” isn’t what it used to be. Banks and other institutions have been tightening their standards and now require higher-than-ever credit scores. Here's how credit scores now stack up and what this may mean for you.