Sometimes no matter how much planning you do, your savings plan goes awry. You can, however, rebuild your savings after a financial downturn when you start now. The key to rebuilding a drained savings account or a depleted retirement account is to start again, as soon as you can, and not wait for some “extra” …
You’re ready to move out of your parents’ house or your rented apartment. It’s time for a new chapter in your life. But you probably have many questions about buying a first home. Where should you begin? Check your credit Virtually every new home buyer is going to need to secure financing of some sort, …
Do you wonder if you’re doing the right things with your finances? Perhaps you don’t know where to focus your attention. As we move through adulthood, we pass through several financial life stages and make budget, debt and investing choices. Understanding where you are and which financial management activities commonly occur at your life stage …
So you’ve finally walking across that stage, shaking the dean’s hand and receiving your diploma. But if you used student loans to get there, you’re also faced with the realization that you have some debt accumulated. College debt can be one of the most challenging types of debt, simply because you’re allowed to put off …
While it may be simpler to make choices regarding goals and investments, financial planning for singles is still challenging. Creating a financial plan for one person may be less complicated because there is only one person’s lifestyle and financial goals to consider. However, there is also only one person to provide for your all of …
Credit myths and misconceptions are plentiful. Don’t let incorrect information influence your credit behavior. Some of the most common credit myths are: Your score drops if you check your own credit. This widespread credit misconception fools a lot of people, but viewing your own report and score is counted as a “soft inquiry” and does …
Do you have a stellar credit score? According to the developers of the FICO® score, Fair Isaac Corporation, individuals with great credit seem to have “strikingly similar” credit habits regardless of background or life experience. The FICO® score is the best known and widely used credit score model. FICO® scores range from 300 to 850. …
So you might be asking yourself, “How does credit scoring work?” To help you better understand scoring, TransUnion has introduced a new and improved way to help you manage your credit, with access to three VantageScores – an easier and more effective way in understanding your credit score. Unlike previous formulas, VantageScore® was developed in …
There are five simple steps to better credit management. Step 1: Get the facts The first step towards better credit management is to see a clear picture of your credit profile. Order your credit reports, credit scores and debt analysis online to get a comprehensive current status. Check that the data from TransUnion, Equifax and …
By Edward Jamison of Jamison Law Group Most victims of identity theft spend hundreds of hours and sometimes years trying to rectify the negative credit rating that results from being a victim of identity theft. The good news is “you don’t have to”. If you follow the steps outlined in this article, your negative credit …
