During the holidays, the lights, family, food, and, of course, gifts bring a sense of excitement. Ofcourse, you might also experience anxiety as the biggest shopping season of the year getsunderway. No one wants an overspending hangover come January, so make sure you alreadyknow what you owe before you pull out your credit cards.To […]
Managing Your Credit During the Holidays Read More »
Making a late payment on your credit cards may not seem like a big deal, but when you’re late, you’re considered delinquent. Anything more than 30 days past and your credit card company will report it to the credit bureau, which can have a negative impact on your credit score. With a Bankrate survey finding
Reduce Credit Card Debt in 2024: Make a Plan Read More »
If you find yourself unable to pay off your credit card debt each month, you’re not alone. According to a survey from Bankrate, 49% of U.S. cardholders carry credit debt month to month. To avoid interest, the rule of thumb has been to pay off your balance each month. But that’s often easier said
The Cost of Carrying Over a Credit Card Balance Read More »
The holidays are just around the corner, meaning shopping season is as well. But with the average credit card interest rate currently at 24.72%, it’s important to use caution when using your credit cards. To start off the season right, here are five credit card mistakes to avoid before the holidays. 1. Paying Only
5 Credit Card Mistakes to Avoid Before the Holidays Read More »
The pandemic might be over, but inflation is still high, with groceries costing 23.3% more than they did in February 2020. In addition, credit card interest rates are also high (20.09% as of March 2025), and credit card debt totals $1.211 trillion in the United States. This all means it might be more challenging to
What You Should Do If You Can’t Pay Your Monthly Credit Card Bill Read More »
While credit cards can be useful, the balance can creep up faster than you realize. That’s why trying to pay your balance down each month is important. But when you’re juggling multiple payments or trying to chip away at a high-interest balance, that can be easier said than done. If you’re overwhelmed by your credit
3 Things You Should Consider When Managing Credit Card Debt Read More »
For many, the beginning of the school year means settling back into a routine with anticipation as the fall chill dissipates summer heat. Before we head too far into the colder months of the year, you might be looking to pay down credit card debt before the holidays get underway. To get started on a
Paying Down Credit Card Debt This Fall? Here are Steps to Help Read More »
Millions of Americans that are out of work due to the COVID-19 pandemic are set to lose the $600 extra weekly benefit by the end of July. With this critical funding set to be reduced to just an additional $200, now is the time for those who are struggling to work on stretching their remaining
Tips for Preparing for the End of the Additional $600 Unemployment Benefit Read More »
Most financial advisors will recommend that you have an emergency fund of at least 3 months of expenses in case of financial crisis. For many Americans with growing debt loads it is a struggle to save when you are living check to check. So, what is one to do when faced with a crisis with
Budgeting During a Crisis Read More »
It’s that time of year when spending money and holiday cheer seem to go hand-in-hand. But maintaining high spirits can be daunting when you’re facing a broken budget and more people to buy for than you can afford. Don’t throw in the wrapping paper yet, there are ways to navigate holiday spending without ending up
How to Manage Your Budget When Buying Gifts This Holiday Season Read More »