Proven strategies to handle student loan debt
Nearly two-thirds of young who graduated from college this year will carry an average student loan balance of $30,000 according to some estimates. This may burden the young and hamper saving to buy a home and may push them onto…
Proven financial strategies to get out of debt
Spending few hours to review your financial goals and current conditions can pay hefty dividends at the end. Periodically you need to revisit your goals and make changes if needed. Pay off or lower your non-deductible, high interest debt first….
Errors could ruin your credit
Even if you pay your bills on time and manage your credit, there are other forces that can still drag your credit score lower. Among those errors in credit report, credit record thefts, large medical and other bills that hurt…
Who is benefiting from rising interest rates?
Your traditional banks are sure to benefit from rising interest rates. The fragile economic recovery may be in danger if interest rates, both short and long-term rates were to rise above current levels. Interest rates including home mortgage rates are…
Is U.S. household debt load going down?
According to the U.S. Census Bureau, 69 percent of American households carry some form of debt. Luckily, this is a lower number of households that are burdened with debt compared to ten years ago which was 75 percent of U.S….
Closing credit cards to get a higher credit score could impact your FICO score negatively
We know that several factors can affect your credit score. Among them your payment history, balances, type of credit, and inquiries on your credit accounts are important. Many believe that having a balance on each credit card help to get…
Understanding How You Can Fight Charge Backs
Fraudulent charge backs are something that every online business has to deal with day in and day out. Before you can learn how to fight these charge backs, you first and foremost need to understand what they are. A charge…
Prepaid debit cards are booming
Big money machines like JPMorgan Chase and American Express are entering the prepaid debit card business. Chase Liquid card which entered the market in July 2012, charges $4.95 a month for the card. The American Express introduced its Bluebird card…
Let a Debt Collection Agency Collect Your Debts
A debt collection agency specializes in collecting debts for companies. They are hired by the company and given a list of the individuals that have outstanding debts. Debt collection is a growing business and more companies are using debt collection…
Fighting Charge Backs, Do Not Throw Money Out The Window
Companies face the issue and threat of charge backs every single time that a transaction is made through their store. When you think about charge backs, you have to first and foremost start by learning what they are. A charge…