We spend a lot of our time working, so if you’re not completely satisfied with your job, it’s hard to shake the idea of quitting. But, no matter how much you want to leave your job, there are some times when it’s best to stay put – at least temporarily. You don’t have another job lined up. It could take several weeks or even months to get a new job, especially during periods of high unemployment....
Finance Globe
Major corporations known as credit bureaus or credit reporting agencies compile your credit information then sell it to businesses that need your credit information. From getting approved for credit cards and loans to getting a job, the information in your credit report plays a major role in your life. Here are some rules defined by the Fair Credit Reporting Act that every credit reporting agency has to follow. They must make your credit report available to...
It is no secret that tens of millions of Americans struggle with credit card debt. If you’re one of these people, it’s time to formulate a plan for escaping debt as quickly as possible. If you’ve avoided this in the past, it would be in your best interest to stay on this path in the future. Doing so means many things, such as knowing the top causes of credit card debt. Here are some of the...
When you use a credit card, you’re technically borrowing money from your credit card issuer. And, as with most types of loans, your credit card issuer will look for ways to make a profit from what you’ve borrowed. If you want to minimize the amount of money you pay to your credit card issuer, avoid the most expensive types of credit card transactions. Cash advances When you use your credit card to withdraw cash from an...
When credit card debt has you down and you don’t know what to do next, it’s time to formulate a strategy. Once you better understand your situation and the steps you can take, it’s much easier tackle credit card debt in a highly efficient and effective manner. Here are five simple tips that anyone can follow: Make more than the minimum payment when possible. This isn’t always easy to do, especially if you have more than...
A credit card’s interest rate is one of the most important features, particularly for cardholders who carry a balance on their credit cards. Having a low interest rate means minimizes the cost of paying off a credit card balance over time. But, don’t take your interest rate for granted. If you’re not careful to make your payments on time each month, you could trigger your credit card’s penalty rate. What is the Penalty Rate? The penalty...
Is your car insurance premium dragging down your monthly budget? Are you searching for ways to save on the cost of coverage? The only way to eliminate this expense altogether is to get rid of your vehicle. Since this isn’t an option for most people, you need to consider the many ways to save. Here are five ways to lower your car insurance premium: Shop around. It’s been said before and it’s worth saying again: the...
Several of the latest credit cards boast a cutting-edge, sleek design that's far more attractive than plain old plastic. Cardholders would feel a rush of prestige to hand a metallic card to a waitress or whip it out in front of a line of customers. But, no matter how impressive a credit card is designed, you should never pick a credit card based on looks alone. Researching the most important features of whatever credit card you're considering is essential to making sure...
As a college student, you will soon (if you haven’t already) realize that your financial life is changing. For this reason, there may come a point when you consider the benefits of applying for a student credit card. Before taking this leap, it’s important to assess your situation. For example, are you confident in your ability to spend within reason? If you’re on the fence, here are several of the top benefits of a student credit...
How do you make purchases when you are on the road? Are you comfortable with the system that you have in place. Just the same as when you are at home, your options include: Credit cardsDebit cardsCash While all of these options have a variety of benefits, there are several reasons why you should consider making purchases with your credit card when traveling. Here are some of the primary benefits: Easy to Track Everything If you...