The most important reason to maintain good credit is for loans. There are a number of other reasons (I’ll mention later) but it’s primarily to save you on the interest you’ll pay on loans. With that said, here are a few tips to consider when applying for a loan. Credit - Most banks and lenders …
What’s For Dinar?
Investing is “putting your money in something with expectation of profit.” Investing is the best way to accumulate wealth. Instead of working extra yourself, your money will be working for you. The most common investments include stocks, bonds, and real estate. People have made ridiculous amounts of …
Where Should I Check My Credit Report?
The biggest step you can take to improve your credit score is: TO CHECK IT! How can you improve something you can’t see or know nothing about? You can’t… Thankfully the Federal Government has helped us with step 1. By visiting www.annualcreditreport.com (government sponsored) you are able to …
Future of Funancials
If this is the first page you ever saw on the internet, how impressed would you be? Unfortunately, I’m about 20 years too late so instead you’re wondering why this looks so amateurish. Answer #1: It is amateur. It’s a blog. Answer #2: I know a ton about finance. I know nothing about web …
Will My Credit Score Drop If I Apply For New Credit?
Will my score drop if I apply for new credit? If it does, it probably won’t drop much. If you apply for several credit cards within a short period of time, multiple requests for your credit information (called “inquiries”) will appear on your report. Looking for new credit can equate with higher …
How To Earn More Rewards
I recently read an article that claimed America could save 10 billion dollars a year if we stopped processing checks. I’m thinking this figure included some layoffs so it wouldn’t be all positive, but it still caught my attention. When I was growing up in the 90’s picturing what life would be like …
Credit vs. Debit
Back to the Basics: When checking out, should I choose CREDIT or DEBIT? Answer: CREDIT Why: If you have a Visa or Mastercard logo on your debit card and choose credit, you’ll be asked to sign for your purchase. All signature transactions go through the Visa or Mastercard Network. These …
