How to Manage Joint Credit Card Debt in Divorce

November 24, 2020

There’s a lot to think about as you prepare for the divorce process, with many concerns turning toward your current and future financial circumstances. It doesn’t hold true for everyone, but many divorcing couples find that they have joint credit card debt to manage. There’s no one size fits all approach, but there are several strategies to consider. Here’s where you should start: 1. Pay it Off Together If you’re able to talk through your debt, you may realize that paying it off with money you have in savings is the best option. This allows you to eliminate the debt
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What are the Benefits of a Small Business Credit Card?

November 12, 2020

As a small business owner, it’s natural to have questions and concerns regarding your finances. Fortunately, with the right tools on your side, it’s easier to feel confident in every decision you make. A small business credit card is something to strongly consider, with benefits including: 1. Opportunity to Finance Purchases Rather than pay outright for purchases with cash, you can use a small business credit card to finance them. This allows you to keep cash on hand, while also avoiding the time consuming process of applying for a loan. Note: just because you have access to a small business
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Quick Tip: Applying for Credit Card

Applying for a credit card is generally a decision based on your personal finances. For instance, a credit card is one of the best tools for building your credit history after graduating from college. That’s a good reason to apply. Conversely, if you’re searching for a credit card to make a purchase, you'll need to consider other factors like if intend to carry a balance.

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What to do if You Max Out Your Credit Card

November 5, 2020

When you apply for a credit card, you do so with the idea that you’ll manage it in a responsible manner. But them something happens: you quickly find your balance growing out of control. Before you know what hit you, your credit card is maxed out and you’re in a deep hole. Should you find yourself in this position, there are three things you need to do: 1. Don’t Panic There’s nothing worse than learning that your credit card is maxed out. This means many things, including the fact that you can’t use it for the time being. Not to
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What is an Instant Approval Credit Card?

October 28, 2020

An instant approval credit card is exactly what it sounds like. These offers are designed to remove all the guesswork from completing an application and waiting for a decision. In some cases, instant doesn’t mean instant. Instead, after applying online, it may take several minutes to receive a decision. But in the grand scheme of things, this is much better than waiting several days or longer. How Does it Work? When you apply for an instant approval credit card, the issuer immediately runs a preliminary credit check. This provides them with an overview of your credit circumstances, thus allowing them
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Quick Tip: Check Your Credit Score

When was the last time you checked your credit score? Can you remember, or was it so long ago that it has slipped your mind? While there’s no good reason to check your credit score every day of the week, you should get into the habit of doing so regularly. Check out is this great article on the topic.

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These Credit Card Questions are Common: Have You Answered Them?

October 22, 2020

It doesn’t matter if you’ve been using credit cards for many years or are in the process of applying for your first one, you’re likely to have questions (and maybe even a few concerns). Fortunately, when you address the most common questions as they come at you, it’s much easier to feel confident in how you’re using your card or searching for a new offer. If you don’t know where to start, here are 21 frequently asked credit card questions that will point you in the right direction: Is a credit card and debit card the same thing? What’s the
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SBA Loans and Coronavirus Relief Options

October 15, 2020

As a business owner, there are many funding options available to you. For example, U.S. Small Business Administration (SBA) loans have long been popular among both new and established businesses. In today’s day and age, with many companies reeling from the economic impact of the coronavirus, SBA loans are getting more attention than ever before. As you come to better understand your current financial circumstances and future goals, it’s critical to consider every type of funding that’s available to you. Here are some options provided by the SBA. SBA Express Bridge Loans Do you currently have a relationship with an
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Quick Tip: Secured vs. Unsecured Credit Cards

With a secured credit card, you’re required to make a cash deposit in order to use the card. This deposit acts as your collateral and credit limit. A secured credit card is typically for consumers with no credit or bad credit. An unsecured credit card is the more traditional of the two, as it doesn’t require a deposit to get started. Instead, your credit limit is based on your credit score, credit history, and income.

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What are Economic Injury Disaster Loans?

October 5, 2020

Are you part of a small business or non-profit organization? Are you currently going through a rough financial patch as the result of the COVID-19 pandemic? If you answered yes to both questions, it may be time to learn more about economic injury disaster loans. These are designed to provide economic relief to small businesses and non-profit organizations dealing with a temporary loss of revenue. How to Get an Economic Injury Disaster Loan These loans are guaranteed by the U.S. Small Business Administration (SBA), but it’s no longer accepting applications at this time. However, this loan program may become available
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Credit Sesame – Free Credit Score

September 25, 2020

Let’s face it: there are many aspects of your finances that are critical to your current life, as well as the future. And that definitely holds true of your credit score. If you don’t know your credit score and/or can’t remember the last time you checked it, now’s the time to take action. There are many ways to obtain your credit score for free, with the Credit Sesame free credit score service at the top of the list. Before we get into the finer details of Credit Sesame’s service, let’s take a closer look at why you want to maintain
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Quick Tip: The Interest Rate

In a perfect world, you would never be charged interest for using a credit card. Unfortunately, most credit cards – outside of balance transfer offers with an introductory zero percent rate – have an interest rate attached to it. The key thing to remember is that you only pay interest if you carry a balance from month to month. Get into the habit of paying your bill in full as a way to avoiding finance charges.

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Credit Spotlight: Reflex Mastercard

Do you have less than perfect credit? Are you concerned that it’ll stop you from securing a credit card? If you answered yes to these questions, you’re in luck. The Reflex Mastercard is built for consumers just like you. You don’t need good or excellent credit. Even better, you get a lot in return by way of features. The Reflex Mastercard is issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC under license from Mastercard International. In other words, it’s 100 percent legitimate. You don’t have anything to worry about on that front. Apply Now Features of the Reflex
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5 Ways a Personal Loan can Change Your Life for the Better

September 22, 2020

Many people never think twice about the benefits of a personal loan. Instead, they assume that it’s something for everyone but them. But before you let that line of thinking hold you back, you should learn more about what it can do for you. A personal loan can change your life for the better. Here are some of the ways this can happen: 1. Consolidate Debt Do you have many types of debt pulling you down? If so, it may be time to bring it all under the same roof. For example, you can use a personal loan to consolidate
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How to Best Manage Credit Card Debt

September 18, 2020

In a perfect world, you’d never find yourself carrying credit card debt. Instead, you’d pay your balance in full each month and start fresh. Even if this is your goal – even if it’s something you’ve been able to do in the past – you never know what the future will bring. If you’re facing credit card debt, it’s important that you take the right steps at the right time. Doing so will put you on the right track to eliminating your debt. Here are some steps to take: 1. Know Your Debt It’s one thing to know that you
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Can You Get a Credit Card with Bad Credit?

September 5, 2020

Bad credit will impact your finances in a variety of ways. For example, you may assume this will make it impossible to secure a credit card. While it may throw a wrench into your plans, it’s not the end of the world. You have options available. In short, you can get a credit card with bad credit. It may not be easy, but with the right approach you’ll find yourself inching closer to your goal. Here are three things to keep in mind: 1. Don’t be Overly Selective You shouldn’t apply for a credit card just to do so. You
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Applied Bank® Unsecured Classic Visa® Card

August 30, 2020

It’s not easy to obtain a credit card if you have bad credit or no credit. This is even more so the case if you’re interested in an unsecured (no security deposit required) credit card. Fortunately, you have plenty of options, with the Applied Bank® Unsecured Classic Visa® Card at the top of the list. Not only is this an unsecured credit card, but it’s backed by Applied Bank and powered by Visa. Features and Benefits of the Applied Bank® Unsecured Classic Visa® Card It doesn’t make sense to apply for a credit card until you understand its features and
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Student Loan Hero

August 22, 2020

Here’s something to think about: student loan debt in 2020 has reached approximately $1.6 trillion. That’s a huge number and it’s only getting worse. Not only are new college students taking on debt, but many are unable to pay what they already have. It’s an absolute crisis that’s bogging down millions of people throughout the United States. Fortunately, there are companies that are willing to help. And that’s where Student Loan Hero comes into play. As a LendingTree brand, Student Loan Hero is currently helping more than 200,000 borrowers manage and eliminate more than $3.5 billion in student loan debt.
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Credit Report Red Flags: Look for the Following

August 15, 2020

There is nothing better than reviewing your credit report and liking everything you see. This is sure to put your mind at ease from a financial perspective. But what happens if something doesn’t look quite right? Should you take action or wait to see what happens? As a general rule of thumb, if something looks out of place on your credit report there’s a good chance it is. And for that reason, you should contact the appropriate credit bureau (Equifax, Experian or TransUnion) to file a dispute. Here are some of the credit report red flags that should raise suspicion:
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The Importance of Checking Your Credit Score

August 9, 2020

When was the last time you checked your credit score? Can you remember, or was it so long ago that it has slipped your mind? While there’s no good reason to check your credit score every day of the week, you should get into the habit of doing so regularly. Generally, twice a year is more than enough to stay informed. Here are some of the many times you should check your credit score (even if you’re not scheduled to do so): 1. You Were Denied a Loan There are many reasons why you may be denied for a loan,
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Yes, You Can Negotiate With Your Credit Card Company

July 30, 2020

It’s something you may think about from time to time. You understand the benefits of negotiating with your credit card company, but wonder if they’d be receptive to your approach. While there is no guarantee of success, there’s nothing stopping you from negotiating with your credit card company. You’re free to reach out, discuss your concerns, and attempt to secure a better deal. Tip: when doing this, make sure you get the right person on the phone. There’s a good chance the first person you speak with won’t have the power to help you out. You’ll need to connect with
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Should College Students Carry Credit Cards?

July 15, 2020

Are you a college student? How about a parent of a college student? If you answered yes to either question, you may be wondering if carrying a credit card while in school is a good idea. Unfortunately, there’s no simple answer to this question. Some students benefit from a credit card, while others soon regret going down this path. Overall, there’s one word that should come to mind when answering this question: responsibility. Are you responsible enough to carry a credit card? Do you trust that your child will use a credit card in the appropriate manner? If there is
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Boost to your FICO® Score – Quickly!

July 13, 2020

You’ve seen the commercials. You’ve read about it online. You may have even heard friends and family talk about it. Experian Boost is a relatively new financial product that’s helping millions of consumers in a variety of ways. Here’s the Experian Boost tagline: Only Experian can raise your FICO® Score instantly How does that sound to you? Could you benefit from a quick boost to your FICO® Score? Here’s How it Works If all this sounds interesting to you – and it probably does – it’s simple to get started with Experian Boost. Here’s what you have to do: Connect
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The Perfect Card for Imperfect Credit

July 7, 2020

Do you have imperfect credit? Has it stopped you from obtaining a credit card in the past? Are you hoping to improve your situation in the future? If you answered yes to these questions, the Destiny Mastercard® may be just what you’re looking for. The Destiny Mastercard® The tagline of the Destiny Mastercard® says it all: Destiny is the perfect card for those with imperfect credit Apply Now There are many reasons why this is one of the best credit cards for consumers with poor credit. Here’s what you need to know: 1. It’s an Unsecured Credit Card Forget about
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