Save For Retirement When You Have Credit Card Debt

Should You Save For Retirement When You Have Credit Card Debt?

Making smart decisions with your money requires you to juggle multiple financial goals at the same time. That’s why we know that saving for retirement often goes hand in hand with managing your debt. If you are contemplating how to save for retirement when you have credit card debt, this blog will cover many common scenarios to consider when making your decision.

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Keep Summertime Spending Under Control in 2020

Summer is one of America’s favorite seasons for spending. It’s a time to take vacations, tackle big home improvement projects and spend money on events like weddings, concerts, parties and family reunions. 

In response to the COVID-19 pandemic, this summer looks very different than what we are used to. This year, Americans will be taking fewer or different types of vacations and skipping typical summer events, but that doesn’t necessarily mean we won’t be tempted to spend money! 

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What Is APR and Why Does It Matter?

What Is APR and Why Does It Matter?

If you’ve explored your credit card options or looked into a mortgage or car loan, you’ve likely come across the term APR. This number can be a quick way to compare borrowing costs, but understanding what goes into the calculation and what this percentage truly means can be tricky.

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Your Credit Score After Bankruptcy

Your Credit Score After Bankruptcy

“I never thought I’d consider bankruptcy” Does this sound familiar? As you research the impact of bankruptcy you may be questioning what will happen with your financial future if you move forward.

It can be difficult to find resources that describe the aftermath because every bankruptcy experience is unique. While we feel comfortable going to our friends for advice on where to shop, or what kind of car we should buy, financial troubles are rarely discussed. 

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10 Way to Build Credit History

10 Ways To Build Credit With No Credit History

Trying to get credit when you have no credit history is a catch-22. Lenders rely on credit reports to assess their risk and many aren’t willing to lend to borrowers without enough history to generate a score. We usually assume that this problem only affects  young borrowers, so you might be surprised to know that 1 in 5 Americans  have no credit score.

Approximately 26 million Americans are “credit invisible” meaning they have no established credit with any of the major reporting agencies. Another 19 million Americans are considered “unscorable” which means they didn’t have enough credit for a score or their credit has been inactive too long to be scored. 

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Good Habits That Will Help You Repair Your Credit

Good Habits That Will Help You Repair Your Credit Score

Have you finally caught up on your past due loan payments? Perhaps you just completed a debt relief program and were able to settle your debt for less than you owe?

If you have been working hard to pay off, settle or consolidate your debt it can be frustrating to see your credit score drop or stay stuck. Unfortunately, when it comes to debt relief a temporarily lower credit score may be a part of the process. 

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