A “pay for delete” letter is a way to negotiate to have something bad taken off your credit report. It entails asking a creditor to remove the negative information in exchange for paying the balance. The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. … Read more
When you’re looking to purchase a vehicle under finance, you may come across the term residual or balloon payment. So what is a residual/balloon payment and when would it make sense to have one in your finance contract?. A residual payment, sometimes called a “balloon payment,” is the last big payment you have to make … Read more
Buying a car is an exciting experience However, determining how much your monthly payments will be for a $15,000 car loan can be confusing In this comprehensive guide, we’ll walk through everything you need to know to figure out your monthly payment for a $15k auto loan. What Factors Determine Your Monthly Car Payment? Your … Read more
Credit scores are an important part of your financial picture because they show lenders how responsible you are with money. You may, however, find that the credit scores you see on Credit Karma don’t always match up with other credit scores you see. This might make you wonder: How far off is Credit Karma? There … Read more
When applying for a mortgage or insurance, you may be surprised by how much information and documentation underwriters request from you As an average person just trying to get approved, it can feel intrusive and excessive. However, there are good reasons underwriters need access to so much of your personal and financial information. An Overview … Read more
Every swipe, tap, or click of a credit card tells a story about our economy, consumer behavior, and technological evolution. In 2025, these plastic (and increasingly digital) rectangles continue to dominate the payment landscape – with Americans holding over 500 million cards and global transaction volumes reaching unprecedented heights. For businesses, especially those managing employee … Read more
Paying cash for a vehicle means no monthly payments, no interest charges and no chance of repossession. Still, there are scenarios when financing a car may be a better option. Buying a car is a major financial decision. If you have the means, paying cash for a car may help you save the most money. … Read more
Ever wonder what it takes to get one of the world’s most coveted credit cards? The best credit cards are a sign of wealth and often come with a lot of perks that most people can only dream of. However, it is very difficult to get approved for one of these cards. The fascination with … Read more
Buying your first home is an exciting milestone but saving up enough money for a down payment can be challenging. With home prices on the rise many first-time buyers turn to family members for financial help with their down payment. If your parents have offered to gift you money to put toward a house, you … Read more
Life happens and sometimes you find yourself in a financial rough patch, unable to pay your bills. In the end, those bills may be sent to collections, where a third party will try to get the money back for the original creditor or business. If you have unpaid collections, you may be wondering about your … Read more