Using Your Home To Avoid Debt

"I have plenty of experience going into debt. I've spent over half my life paying down a mortgage. I've taken out more than one home equity loan and have made more than my share of car payments. Have I ever been debt-free? Yes, for the first 18 years of my life. But now that I'm approaching retirement, I am nearing that state of equanim... More

Pay Attention To Your Credit

"It's a good time to think about the ins and outs of buying a house. One factor that can have a big ripple effect on your ability to qualify for a mortgage is your credit card habits. Not sure how plastic plays a role in your homeownership plans? Let's dig into the details..." Continue to original source Image by Sprinno via Wikimedia ... More

Microchip Credit Card Technology Not The Solution

  As time goes by, more and more credit cards are receiving new microchip technology. The purpose of this technology is to generate new information for each purchase so that predators cannot reuse the information. It sounds good in theory, however many believe that this only raises the cost for identity thieves, and does not protect ... More

Credit Moves That Could Effect Your Mortgage

When getting a mortgage, credit can be a major concern, and there are a few key factors that could make or break your mortgage. While in approval stages, there are red flags that could have an impact on your mortgage. For instance, if your mortgage is in its final stages, it is not a good idea to apply for other credit, dispute a credit... More

Student Loan Bill Blocked By Senate

The Senate Republicans have blocked legislation toward student loan forgiveness. The legislation would have allowed students to refinance their loans at lower rates to give them some debt relief. There was a 56-30 vote on the legislation. Image by Tulane Public Relations via Wikimedia Commons. Continue to original source More

Low Credit Score May Cause Car Insurance To Rise

Drivers may be paying higher auto insurance premiums based on their credit scores. A study by finds that there is a 65% difference in insurance costs between those with high credit scores and those with low credit scores. State law in California, Hawaii, and Massachusetts outlaws insurance providers from using credit score ... More

MasterCard Extending Zero-Liability

After security breaches like one of the magnitude of the Target scandal, MasterCard is making strides to make its cardholders feel safer. The credit and debit card company is extending its zero-liability protection to all PIN-based and ATM transactions, taking effect in October. The protection currently only protects transactions made by ... More