A goodwill letter usually asks creditors to overlook the past due bill and accept your payment as if it had been received on time. The end result is left up to the creditor to decide whether or not to erase any negative marks on your credit report.
by Sha'Kreshia TerrellHave you ever wondered why you were denied a loan? It usually comes down to the 3 C's of credit: Character, Capital, and Capacity. Learn more here.
by Shaun MorganTo attract new customers, credit card companies frequently advertise generous welcome bonuses. These welcome bonuses can quickly add up to many miles, points, and cash-back offers. Some people try to maximize their rewards by applying for multiple cards simultaneously. This process is known as credit card churning.
by Sha'Kreshia TerrellLandlords perform credit checks to make sure that a rental applicant appears trustworthy and has a solid history of making payments on time. You can take several steps to pass your next rental credit check with flying colors.
by Pam HillFor savvy buyers, the holidays offer a great opportunity to find homes decked out in their holiday finery with few competing buyers and discounted prices.
by Pam HillEveryone 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.
by Sha'Kreshia TerrellA basic budget provides you with a plan to implement, should a financial emergency strike and you must limit your spending only to your most basic needs.
by Pam HillThere 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.
by Sha'Kreshia TerrellCredit 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.
by Pam HillThe 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.
by Matin VarshochiAppreciating and depreciating assets both serve an important role in your financial portfolio. Knowing the difference between the two and how to use each one to its greatest effect can maximize their value as you build your wealth.
by Pam Hill