People may be hesitant to reach out for help due to misconceptions about financial counseling. Here are some of the false beliefs that consumers admitted in the 2014 NFCC Financial Literacy Survey
Credit Card Debt
If you are nervous about getting your kids the clothes and supplies they need to go back to school, youâ€™re not alone. Zulily, a retailer that focuses on women, went outside the retail realm and surveyed more than 6,000 parents about their biggest fears regarding their children as they prepare to head back to school.
For years many financial experts have been warning against using â€œdebt settlementâ€ strategies to battle high credit card debts. According to a June 2014 report from the Center for Responsible Lending, despite changes in federal and state laws, the warnings will continue.
When you check into a hotel or rent a car you are required to present a credit card as security. This reality is troubling in light of the news that a single hotel in Houston reported it had been the victim of a data breach that potentially affected about 10,000 customers.
If you have kids there is a good chance theyâ€™ve left school and have the next couple months free of backpacks, text books and gym shorts. Assuming they are going back to school toward the end of summer, you might consider planning for and buying some of the clothes they will need when school welcomes them back, now.
The news that lenders are sending offers to riskier borrowers should remind you of one truth we all should have learned from the financial crisis seven years ago; just because you can borrow money doesnâ€™t mean you should.
What can you do to free yourself from debt this 4th of July holiday? Get the tools and the help you need to free yourself from debt.
0% interest for a year, earn cash back, free airline miles, we receive tempting offers from credit card companies everyday. How do we know whether to risk our credit history or stay with what we know? Here are a few things to consider.
Improving your credit score is one benefit to undergoing a financial makeover, but for many people it may not be the primary reason. This becomes especially obvious when you learn that you, the consumer, are not a credit reporting agencyâ€™s prime customer.
You donâ€™t have to be a math genius to know that every time you pay off a credit card debt you have more money available to spend. But there is also a chance that paying off that debt will also help the price of a one major, necessary bill, go down as well.