Author: Fabi Pmoto

How do you know if your credit score is good or bad? Will it affect your ability to get a job? Can it impact your marriage? It’s time to find out, as monitoring your credit score can help you in several ways. Here are the 9 benefits of monitoring your credit score.What are the 9 Benefits of Monitoring Your Credit Score?1. Build a Better Financial FutureStudies have shown that keeping a handle on your credit score can help you build wealth faster than others. Knowing where you stand financially can also save you from some common money mistakes. If you’re…

The benefits of having a good credit score are numerous, and they extend far beyond just getting a loan or credit card. If you’re in the market for a new job, for example, having a high credit score can help you get hired.It helps if you want to rent an apartment or buy a house. It also helps when it comes time to apply for a new cell phone plan. All these are just a few advantages you will have with a good credit score.Here are 7 of the most common benefits of having a good credit score.1. A good…

The single most important thing you can do to improve your credit score is to pay off existing debt. However, there are 10 other things that you should be aware of so you can have the best credit score possible! These ten ways you can improve your credit score include:1. Don’t miss payments.The most important element of a good credit history is a track record of paying your bills on time. Late payments, even if they’re just one or two days late, can lead to fees and penalties that can cost you hundreds of dollars per year. Missed payments will…

Credit cards are everywhere. You can use them to pay bills and make purchases, earn rewards on spending, and even manage your money. But what exactly is a credit card? How does it work? And how do you choose the right one?Here’s everything you should about getting and using credit cards so you can make smart financial decisions.What is a credit card?A credit card is a financial instrument that allows you to spend money you don’t actually have. You pay interest on this borrowed money, but you can use it in many places that would otherwise be off-limits for cash…

There are lots of secured credit cards on the market, but it can be hard to figure out which one is the best. By the end of reading this article you will know all about how these cards work, weather or not you should get one, and tips of using them effectively.What are Secured Credit CardsSecured credit cards are a type of credit card that requires you to make a cash deposit (your “security”) into an account with the same bank.The amount of your security deposit determines how much credit limit you have and how much money you can spend…

We all love the perks of credit cards, like earning rewards and getting fraud protection. But sometimes it’s easy to get carried away. If you’re in over your head with credit card debt, dig yourself out with these simple tips.1. Get on a budget.Here’s the bottom line: The less you spend on credit cards, the more likely you are to pay off your balance in full each month. Create a budget with clear goals and stick to it!You can use an app like Mint or YNAB (Your Next Budget) to track your expenses. You’ll need to include categories for income…

In my opinion, the 6 smart ways on how to use your credit card wisely are; Now, let’s expand on these six tips for using credit cards wisely, so that you can enjoy all the benefits that come with having one without giving yourself a headache.1. Understand Your Credit Card AgreementUnderstanding your credit card agreement is a crucial aspect of how to use your credit card wisely. It involves getting familiar with several key terms and conditions that can significantly impact your finances. Such key terms are; Interest Rate (APR), Annual Fee, Late Payment Fees, Balance Transfer Fees, Cash Advance…

This Lightstream loan review is for you if you’re looking for a unique lending solution that allows you to borrow virtually paperless loans at meager rates. You can count on the uncomplicated lending procedures of LightStream personal loans at low fixed interest rates.Whether you need a loan for auto-refinancing, home improvement, family care, or debt consolidation, LightStream will never disappoint you. You have a variety of loan options to choose from. Unlike other lenders, LightStream private loans have a robust loan application and disbursement process at easy conditions. With LightStream Personal Loans, you could get from $5000 to $100,000 at fixed rates starting at 7.49%,…

Personal loans can be an effective strategy for consolidating debt or paying off large expenditures over time. However, applying, qualifying, and selecting a loan that is most suited to your needs and offers you favorable conditions requires some homework. Upstart is a lending platform that operates as a middleman between you and its lending partners/investors. Through Upstart, you can quickly get a personal loan starting from $1000 right up to $50000 at a low interest rates from 3.5% depending on your credit score. Upstart may be more accommodating to persons with lower-than-average credit scores because of its flexible credit score standards. Read…

Navigating the financial world can be complex, but a fundamental aspect to understand is the difference between debit and credit cards. Both are everyday payment tools, widely accepted and convenient, but they operate on fundamentally different principles and have distinct impacts on your financial health. Below is an overview of how they are different from one another.Debit CardsCredit CardsSource of FundsDirectly linked to your bank account.Borrows money from the issuer, to be repaid later.Spending LimitLimited by your account balance.Defined by a set credit limit, often higher than your bank balance.Interest and FeesMinimal fees, no interest.Potential for high interest and various…