On November 18, 2021 AFS received two National Awards of Excellence for their work in helping people improve their financial lives.
If you or someone you know is facing eviction, and lives in an area where COVID-19 is rapidly spreading, review this information from the Consumer Financial Protection Bureau. Resources and links to determine your counties current COVID status are in this article.
Sometimes in life routines can cause us to overlook areas of spending that are not necessary. However, neglecting these areas can cause a big dent in our budgets and stifle our best attempts to increase savings or bring a budget back on track. Here are some of the most overlooked areas of spending that could be impacting your finances.
It' s true that missing the due date on some of your bills will damage your credit score, but there are some financial transactions that don't have any effect, either good or bad.
For many of us the term neobank is unfamiliar, but mention online only banking and â€œfintechâ€ and the picture begins to get clearer. A neobank is a is a type ofÂ bankÂ that operates exclusively online without physicalÂ branch networks. Some neobanks operate in partnership with a traditional bank and others are financial technology companies that offer bank like services. The latter is important to understand.
Here are some ideas on how to use tax refunds and economic stimulus money to improve a financial situation.
The DTI is the percentage of our income that goes toward paying our monthly debts. These ratios can often be overlooked as many people assume that a good credit score and income are the only two elements taken into consideration when seeking to purchase a home, car, or even to open a credit card. However, for many lenders, a good report and credit score are not enough to be considered a suitable candidate.
For many people, the month of February 2021 will mark the end of their mortgage forbearance under the CARES Act. This leaves many questions about how to manage missed payments and what will happen if someone cannot pay those accumulated amounts. This article will help explain the choices people have to manage their mortgages.
Although November 27th is the traditional kick off of the holiday season, decorations of all kinds are already flooding the retail stores and advertisers are working hard to put us in the â€œspending moodâ€ earlier and earlier every year. This creates an opportunity to make a spending plan that will get us through the season and help keep it meaningful.