If a high-interest loan is eating a hole in your wallet, you can often enjoy lower monthly payments and greater peace of mind by refinancing. However, you might be worried about its impact on your credit score. Refinancing a loan can affect your credit score in several ways, but the effects are often short-lived compared […]

Do you feel like you’re drowning in a raging sea of bills and loans? If so, you’re not alone. Eighty percent of Americans hold some kind of debt according to a 2015 report by The Pew Charitable Trusts, and many struggle to create a peaceful financial future for themselves and their families. From lingering student […]

A balance transfer can be an ideal solution if you’re struggling to pay off your loans or credit card debt, or if high interest rates are keeping you from making much of a dent in your overall balance — but what is a balance transfer exactly? Transferring your credit card balance allows you to move […]

While you’re getting ready to share your life with the one you love, the last thing you want to do is talk about your bad credit score. But to make sure you and your significant other don’t face any unpleasant surprises down the road, it’s important to take time to sit down together to have […]

Buying a new home is exciting. But what happens when you find the home of your dreams when you’re already paying a mortgage on another one? Below are some of the typical options that people consider when purchasing a second home or buying a house while trying to sell their current one. Whether you’re buying […]

If you’re in the market for a new vehicle, you probably have several questions. Whether you’re wondering how to decide which car to buy or asking yourself how much you can afford, the number of factors to consider can be overwhelming. To help you get started, we’ve listed seven tips below on what to consider […]

If you’re like many consumers, you likely think of a credit card as just one of several ways to make a purchase. While some may have an aversion to using their credit card for fear that they might overspend and go into debt, when used responsibly, using your credit card can have several advantages, including […]

If you’re joining a credit union for the first time, you may have questions about the steps involved. One common question is whether credit unions check an applicant’s credit when reviewing their membership application. Credit Unions may check your credit when you apply to join. However, your score won’t necessarily determine whether you’ll be approved […]

Going to college represents an exciting time in your life for many reasons, most notably your newfound independence. You’ll no longer rely on mom and dad for your basic needs and will begin providing for yourself. Because of this, you might be in the market for your first car and your first car loan. Borrowing […]

For many people, debt has unfortunately become a way of life. The Center for Microeconomic Data’s Quarterly Report on Household Debt and Credit showed that total U.S. household debt in the third quarter of 2018 was the highest it’s been since 2008. Total household debt rose to $13.51 trillion, an increase of 1.6% from the […]