Irresponsible debt habits can bring your personal finances down. Given how important it is to have a strong financial position, you should never act irresponsibly when handling your money. For example, if your spending habits are making you go beyond your budget, you should do something to correct it. In the same way, if your […]
Median Income And Credit Card Debt Are High – Should We Be Worried?
If the credit card debt and income are both rising, is this a cause for concern? You might think that it is okay even if our credit card balance is increasing. In Washington, a recent report revealed that both the income and credit card debts are rising. In fact, this city is listed as having […]
The Real Cost Of Having A Huge Debt Problem
If you have a huge debt problem, you might want to focus on getting rid of it as soon as you can. This is not something that you should postpone. If anything, it has to be prioritized because it can seriously compromise your financial future. According to reports, consumer borrowing increased by 8.8%. It is […]
4 Important Reminders When Choosing A New Credit Card
Choosing a new credit card should not be taken lightly. Although a lot of people own more than one credit card account, that does not mean you should approach it carelessly. According to statistics, the average credit card holder owns more than 2 accounts. Each of these accounts has an average balance of $2,360 – […]
Tips For College Students: How To Improve Your Credit Score
Do not wait until you graduate to improve your credit score. Like anything that involves your finances, the earlier you start, the better it will be for you. Whether it is saving for your retirement, paying your debts or improving your credit report, it pays to start working on them as early as you possibly […]