If you need help qualifying for a loan, it's important to understand the difference between a co-borrower, a co-signer, and a guarantor. Knowing how to distinguish these three terms is crucial when applying for a personal loan.

Everyone should regularly check their credit report. The difference between a soft inquiry and a hard inquiry can significantly impact your score. Here's what you should know about the difference between both.

When a bill is sent to a debt collection agency, it can severely impact your financial health. Your credit score will suffer, and the delinquency will stay on your credit report for seven years. Here's what you should know about the collections process.

There are pros and cons to both debit and credit cards. It’s important to understand how to use both cards so that you can have great financial health.

During the COVID-19 pandemic, many people were laid off from their jobs causing their expenses to become unaffordable. Many people were unable to purchase some necessities and desired products outright, which caused them to turn to the buy now, pay later (BNPL) program.

Balance transfer cards are a powerful debt reduction tool, but it is important to understand them before using them. Here's what you should know about balance transfer cards and how to use them.

Authorized users and joint cardholders are similar, but some significant differences exist. Therefore, before deciding which option to use, it's best to understand the differences fully.

Credit cards, debit cards and prepaid debit cards can all be used to make purchases.  The best best choice for you depends on your spending goals and what you want to get out of the card.

Credit card companies often operate on a mystery. For example, what happens when you don't use your credit card? It ranges from nothing to catastrophe. Find out more.

The idea of having children can be sweet when you think about all the special moments like the cuddles, hugs, and kisses. But the reality of having children is that they are a huge responsibility, especially regarding your finances, as a recent estimate says caring for a child costs $300,000.

If you own a credit card, it’s important to know how it works, and one of the perks of having a credit card is consumer protection. For example, you can dispute the charge with your credit card company if you have a billing error or fraudulent charge.

Financial statements are often thought of as something that only companies need worry about, but a personal financial statement can help you track your financial health and hone in on trouble spots and opportunities. 

One of the simplest ways to secure financing is through a line of credit.  The application process for lines of credit tends to be quicker and less involved than for other types of financing such as business loans, personal loans or mortgages.

If you find yourself routinely having more month than money, then it may be time to embrace a more structured budgeting approach by starting from zero, zero-based budgeting, that is.

After receiving medical care, a bill must be paid off. Typically, if someone has health insurance, the insurance company will cover all or a portion of the bill. Some may have little to no income, which makes it hard for them to afford insurance, which leads to accumulating debt.