5 Ways to Keep Your Money In Order After You Get Married

Getting married is one of the most exciting moments in our adult lives. But things can turn sour on the financial front if you haven’t expressed your shared goals. After all, a marriage is a partnership, and like any partnership, it takes good communication to succeed. If you’re not discussing your finances, something is wrong. We asked financial experts to share a few topics to go over with your... Continue reading

Creating a Budget That Has the Best Effect on Your Credit

Your emergency fund will thank you. Use a free budgeting app to identify areas where you’re consistently overspending — like, say, all those restaurants you’re frequenting on weekends — then reroute those dollars to your savings account. Continue reading

Credit vs Debit: Which Should You Use, and When?

Will that be credit or debit? Those little plastic cards may look the same, but they are oh so different. Let's clear up credit vs debit. What's the difference between credit and debit? When you make a purchase with a debit card (even if you select the credit option), the amount is taken directly from your bank account. So if you're short on funds, your card could be denied or your bank might... Continue reading
It can be funny checking your credit report

Checking Your Credit Report

Several years ago, one of my employers did a routine background check that included pulling my credit report from one of the three bureaus. They were confirming that the details on my resume matched the details on my credit report, which is common for companies in that industry. They discovered that in addition to living in Pittsburgh, PA for college, I spent some time living in rural... Continue reading

Avoid Getting Fired Before You Get Hired

As if the nation’s 14.5 million jobless didn’t have it bad enough already, The New York Times now reports that employers are turning to credit checks to screen hires. The implication? Keep your credit squeaky clean, or suffer the consequences. It has never been more important to be proactive when it comes to personal finances. Talk about scary. According to the Kansas City Star, roughly 5... Continue reading

How Money Management Software Makes Your Life Easier

Dealing with money matters can get complicated. Throw in a shortage of funds to handle the monthly bills and everyday expenses, and you might find yourself in a time-draining financial tangle. Assuming you're not an accountant, you could use some help -- and money-management software provides it. Making a Budget Money management software typically comes in a stand-alone version -- to be... Continue reading

Real Estate & Personal Finance: How Does a Mortgage Loan Modification Affect Your Credit Score?

Credit Score Basics Your credit score is a number that a credit reporting agency assigns to you that summarizes how likely you are to repay credit and loans. Three major agencies dominate the credit reporting industry, and all use a scoring system called FICO, created by a company called Fair Isaac. The score ranges from 300 to 850. Whenever you apply for a loan or credit, you can expect the... Continue reading

Personal Finance Management 101: Do Credit Checks Hurt My Credit

Types of Credit Checks Not all credit checks are treated the same when it comes to your credit score. Only credit checks in response to you applying for new credit actually hurt your score. For example, if you apply for a credit card and the credit card issuer checks your score, that will ding your credit. However, when a credit card company checks your score on its own, such as to pre-qualify... Continue reading

Tips for Establishing a Line of Credit

A personal line of credit is a revolving account. You can use and reuse it without filling out a new application. The lender establishes a credit limit, but only charges interest on your borrowed amount. A personal line of credit gives you quick access to emergency money and can provide you with overdraft protection for your checking account. Interest rates on credit lines are usually higher than... Continue reading

How to Recover Your Credit After a Bad Mortgage

Damage Assessment After a Bad Mortgage You experience damage through negative items on your credit report and a lowered FICO. You cannot do much about correct items – most mortgage problems linger on the credit report for up to seven years. However, you can begin to reverse a lowered credit score sooner. FICO scores range from 300 to 850, with 680 generally serving as the dividing line between... Continue reading