Credit cards can affect your credit score in both positive and negative ways. What follows are a few of the ways they can impact your credit score. Officially closing a credit card account will lower your credit score because it (1) might reduce the length of your credit history, which accounts for 15% of your [...]
Check out our list of ways to pay off debt to help you decide which approach is the best for you. WAYS TO PAY OFF DEBT IF YOU’RE ABLE TO MAKE YOUR MINIMUM PAYMENTS 1.Snowball your debt payments Snowballing your debt payments is done by making your payments as usual until one of your debts [...]
What if I told you that there is a way of transforming debt into wealth? Lots of people preach the idea of living a debt free life. Certainly this type of financial advice has it’s place, but if you want to become wealthy, debt can help you do it. Before I go on, I should [...]
Using the snowball method of paying off debt can get you out of debt a lot faster without spending more money each month than you already are. Just follow these step by step instructions to begin implementing this strategy today. STEP BY STEP INSTRUCATIONS FOR PAYING OFF DEBT 1. Stop accumulating new debt. In order [...]
Credit cards that offer cash back or rebates, such as discounts on future automobile purchases, etc., sound great, but they are a very poor deal if the purchases APR is high and you have to jump through many hoops to qualify for the rewards. Too often the rewards are just another selling point for the [...]
Follow us on Twitter
Subscribe via Email
Subscribe in a Reader