According to the Amex website, American Express is accepted by 99% of places in the US that accept credit cards. You may not believe this because you’ve probably been to at least one store that has a sign by the credit card machine that says “No Amex” or something similar. There is no truth to … Read more
If you’ve been good with your credit card use, you may be interested in a credit limit increase, which is also sometimes called a credit line increase. There are no guarantees that a credit card issuer will increase your credit limit. But there are some steps you can take to help you qualify. Learn more … Read more
For people who are self-employed, seasonally employed or experiencing an employment gap, getting approved for a mortgage can be a bit complicated. When someone applies for a mortgage loan, mortgage lenders usually want to see proof of employment and W-2s from the last few years. This is because they think borrowers with this kind of … Read more
Credit cards have become an integral part of our lives. You can easily and quickly make purchases with just a swipe. But this convenience comes at a huge cost. Credit cards are scary money tools that can ruin your finances if you don’t use them wisely. Keep these 10 reasons in mind the next time … Read more
Hey there, friend! If you’re staring down a mountain of debt—whether it’s a credit card balance that’s haunting ya or a mortgage that feels like a life sentence—I’ve got somethin’ for ya. Let’s talk about a game-changer: makin’ a principal-only payment. What happens when you make a principal-only payment? Well, in short, you slash the … Read more
This is a normal part of the debt collection process. It applies to most common types of consumer debt including: Falling behind on debt payments can feel like an endless nightmare. As soon as you deal with one debt collector, your debt seems to get sold yet again to another agency. It leaves you wondering … Read more
Being aware of your debt-to-income (DTI) ratio is just as important for managing your money as being aware of your credit score. More than 40% of Americans are looking for ways overcome debt, according to the 2024 Wells Fargo Money Study, and understanding your DTI ratio can help you make informed decisions about managing debt … Read more
Make no mistake â £10,000 is a lot of money. But it is possible to save up over a few years, especially if youre planning to buy a home with a partner whos also saving. Is it enough to get a mortgage though? Keep reading to find out. Saving up a deposit for a house … Read more
Income-Driven Repayment plans, such as IBR, PAYE, and SAVE, allow borrowers to make payments based on what they can afford rather than what they owe. Borrowers on these plans may wonder what happens to their student loan payments if they receive a large gift or inheritance. Will it cause their monthly payments to increase?. The … Read more
There are certain expenses we all anticipate each month. If you own a home, one of these regular payments is likely for your mortgage. By default, mortgage loans are repaid monthly in 12 equal payments throughout the year for the duration of your loan term. However, by making a small change in how and when … Read more