Credit

Here you will find the buzz about what’s going on with credit today. We will look at credit trends, how to get a good credit deal, how to maintain a good credit score and how to use credit cards to your advantage.

2011 Income Tax Tips

By: Samantha Savory It’s that time of year again where 1099s and W-2s are being delivered from your boss or arriving in the mail, which means it’s time to get serious about those income tax returns. Before you breakout your accounting skills or go to a mobile app to get your taxes done, we’ve done […]

How Much are You Saving?

By Kathryn Katz Believe it or not, by saving just a little bit more and choosing the right savings vehicle, you can end up saving big over a period of time. Right now the average personal savings rate is 5.3%. If you’re the average American that makes $49,777 after taxes, then you’re looking approximately $2,638 […]

Warning on Prepaid Debit Cards

By Kathryn Katz In an effort to reduce their credit card usage and avoid high interest rates, many Americans are turning towards prepaid debit cards. Partially, because they think it will help control their spending, but also because credit card companies are actively pushing consumers with low-income and/or bad credit towards this new, emerging product. […]

Don’t be Afraid to Negotiate with Your Creditor

 By April Lewis-Parks Millions of Americans are becoming anxious because they realize how important it is to reduce their credit card debt.  Some people who are struggling panic and stop making payments because they’re not sure of what else to do – they need to pay their mortgage, car payment or other payments and the […]

Holiday Shopping Blunders to Avoid

 By April Lewis-Parks Did you know that more than 13 million shoppers are still paying off last year’s holiday debts, according to Consumer Reports. If money is tight is year, and really that is the reality for most people, remember that it is fine to cut back on gifts. But if you do plan on […]

Are you a social shopaholic?
Are You a Social Shopaholic?
If you're always on your social media account and you're getting bombarded by offers from retailers you may be at risk of becoming a social shopaholic.
Shopping Pitfalls to Avoid & Tips to Make the Holidays a Breeze

By April Lewis-Parks The start of November whispers “the holiday’s are almost upon us…” while retailers scream “Start Shopping!”  For many stores the holiday season has already begun.  I went into a large chain retailer two weeks before Halloween and they were already decked out for Christmas. Trees were blazing with colored lights, plastic carolers […]

6 Easy Credit Tips For The Holiday Shopping Season

By: Samantha Savory 1. Know Your Credit Limits Don’t get sidetracked by that amazing deal on a 42’ flat screen TV during your holiday shopping.  Why you ask?  When you check out at the register and are declined because you don’t have enough credit left on your card, you may find yourself feeling financially irresponsible […]

Presto chango credit card tricks
Top Five Fightening Credit Card Tricks that Last Beyond Halloween!
Don't let your creditors fool you into frightening debt problems! Avoid these credit card tricks in order to treat yourself to a better credit outlook.
Protect Yourself from Phishing Scams

By April Lewis-Parks Phishing, it sounds harmless but in reality it is a scam operating at a personal level; swindlers send you pop up messages or spam, which seem harmless and trustworthy enough, that ask for personal information – bank account numbers, social security number, passwords and other private information. The messages appear to come […]

AmEx next for Department of Justice suit
Is the Department of Justice Trying to Save You Money?
The Department of Justice is pursuing a suit against American Express for charging the merchant highest interchange fees in the credit card industry.
Want a good score? Well it is no surprise that paying down credit card debt is key.

By April Lewis-Parks A new report shows over the past two years, the amount of Americans with FICO scores at 600 or below, has risen. About 25% of the U.S. adult population has a low credit score and will have to pay high interest rates on any credit that they need; auto loans, mortgages, business […]

Don’t be Afraid to Negotiate with Your Creditor

By April Lewis-Parks Millions of Americans are becoming anxious because they now realize how important it is to reduce their credit card debt. Minimum monthly credit card payments total in the hundreds and consumers just don’t earn enough money to meet those financial requirements. Some people panic and stop making payments because they’re not sure […]

45 Minutes to a Better Credit Score

Improving your credit score is not painful; in fact you can do it in less time than it takes to watch a movie.  With that said, it’s also become a sort of phenomenon, there are whole industries built around it. You see ads on TV, hear it on the radio, and read about it online, […]

More People Falling into Business Credit Card Debt Traps

By April Lewis-Parks This week, Senator Charles Schumer made headlines again after he asked the Federal Reserve to provide more protection for consumers against business card issuers. The Credit Card Accountability, Responsibility and Disclosure Act that went into full effect on August 22 does not affect business card companies. The Associated Press reports that Schumer wrote a […]