Which should you do first: build your emergency savings fund or pay down debt? Right now… 56% of Americans are living paycheck to paycheck 70% of Millennials specifically are living paycheck to paycheck (more than any other generation!) 69% of adults have less than $1,000 in their savings account Average American debt stands at $6,270 […]
Should saving still be a priority if I have debt? Read More »
Every year, roughly 12 million Americans take payday loans out, which is the worst predatory lending practice. This type of loan is typically for a small amount, but a borrower needs to write a post-dated check for the full amount including any interest or fees. Should the loan not be repaid on time, the predatory
Predatory Lending: Where Employees Turn When They Have High Debt and No Savings Read More »
Credit in the United States is integral to the development of the consumer economy. Put simply, credit allows you to borrow money or acquire goods and services with a mutual understanding that you will pay down the road. Brief Credit Overview… When attempting to purchase goods or services using credit, a lender of the
Loans with No Credit Check: Harmful or Helpful? Read More »
Recent changes to the FICO score, the most widely used credit score in the world, are likely to affect the score of millions of consumers, and even their ability to access a loan in the upcoming year. Why should you care about the new changes? Your credit score builds your credibility with lenders, and therefore
How The New Changes to FICO Can Impact Your Financial Future Read More »
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