Why Refinance Rates Are Higher Than Purchase Loan Rates

Mortgage interest rates dropped dramatically over the summer, to the point where home loans have never been cheaper in most of our adult lifetimes. With rates at historic lows, you might’ve considered taking advantage of them, either by purchasing a new home or refinancing your current mortgage. Recent figures from Freddie Mac show that mortgage […]

The post Why Refinance Rates Are Higher Than Purchase Loan Rates appeared first on Good Financial Cents®.

Continue reading

The Worst Ways to Deal With a Bill Collector

Dealing with a bill collector is never fun and it can be particularly stressful when you’re sitting on a mountain of debt. Sometimes debt collectors fail to follow the rules outlined in the Fair Debt Collection Practices Act. If that’s … Continue reading →

The post The Worst Ways to Deal With a Bill Collector appeared first on SmartAsset Blog.

Continue reading

Does Paying the Minimum Hurt Your Credit Score

Credit card bills can be confusing. If everything was straightforward and clear, credit card debt wouldn’t be such a big issue. But it’s not clear, and debt is a massive issue for millions of consumers.  One of the most confusing aspects is the minimum payment, with few consumers understanding how this works, how much damage (if any) it does to their credit […]

Does Paying the Minimum Hurt Your Credit Score is a post from Pocket Your Dollars.

Continue reading

Minimum Payments on a Credit Card

Your minimum monthly payment is the lowest amount that you need to pay on your credit card balance. Any less could result in a derogatory mark, any more will clear more of the principal.  Your monthly payment is one of the most important aspects of your credit card debt and failure to understand this could […]

Minimum Payments on a Credit Card is a post from Pocket Your Dollars.

Continue reading

Using Credit Cards During COVID-19

Since we’re in the middle of a pandemic, we’re all trying to figure out the new normal. Whether you’re working from home, have a houseful of kids to keep busy or find yourself facing financial uncertainty, everyone has at least a little adjusting to do. While you’re taking stock of your life and what you… Read More

The post Using Credit Cards During COVID-19 appeared first on Credit.com.

Continue reading

Tips to Consolidate Credit Card Debt

Editorial 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. … Continue reading →

The post Tips to Consolidate Credit Card Debt appeared first on SmartAsset Blog.

Continue reading

5 Savvy Money Moves to Make This Year

The following is a guest post from The Savvy Couple. As much as we don’t like to admit it, money is a very important tool that can be used to better our lives. So why don’t we take better care of managing it? Luckily, there are some savvy money moves that you can make this… Read More

The post 5 Savvy Money Moves to Make This Year appeared first on Credit.com.

Continue reading

How to Get Approved for Credit in a Financial Downturn

In a recession it’s common for many people to rely on credit cards and loans to balance their finances. It’s the ultimate catch-22 since, during a recession, these financial products can be even harder to qualify for. This holds true, according to historical data from the Federal Reserve Bank of St. Louis. It found that […]

The post How to Get Approved for Credit in a Financial Downturn appeared first on Good Financial Cents®.

Continue reading

Spouse Has Bad Credit? How It Affects You.

Spouse Has Bad Credit? How It Affects You It wasn’t until a few months after my husband and I got married that I decided to check both our credit scores. While my husband’s credit score wasn’t horrible, it certainly didn’t…

Full Story

The post Spouse Has Bad Credit? How It Affects You. appeared first on MintLife Blog.

Continue reading