When applying for a credit card, it’s important to consider how you will make your monthly payments. This determines your credit score and can affect how much your card purchases cost you in the long term. Here’s how you can set up a payment plan that fits your needs…
This is the fastest way to raise your credit score
If you’re gearing up to borrow money for a car, home, or another big purchase, you already know how important it is to have a good credit score.
What’s less clear, usually, is how to boost that score if you need money ASAP, and your current one leaves you with...
Why is good credit so important?
Today’s economy runs on credit. If you want to get a mortgage for a house or a student loan to pay for college-or if you just want to charge your lunch on a credit card-you’re going to need a lender to extend you a line of credit.
You’ll also need to be worthy of that line of credit. Your creditworthiness is defined by your three-digit credit score and is the key to your financial life…
Should you tap into personal savings to start a business?
Building a business takes money. If you’re starting a brick-and-mortar traditional business, it could take tens of thousands of dollars to get things rolling. If you’re dealing with intensive infrastructure needs, you may need even more — in the realm of hundreds of thousands or millions of dollars. At the other end...
Should you use personal loans for investing?
Whether you're planning for a large purchase or paying for an unexpected home repair, a personal loan is a helpful tool. Since funds can be used for nearly any purchase, you might be considering using personal loans for investing.
Taking out a personal loan and investing it might seem like...