According to the St. Louis Federal Reserve, the American government, businesses, and people are nearly $60 trillion in debt. It is reported that private debt makes up the large majority of this deficit. We live in a culture where capitalism is King. It has become socially...
You may have heard about the sky scraping credit scores of others. Knowing that credit scores can reach into the 800’s, there is no doubt that the burning question in your mind may be, “How can I get there?” The good news is that excellent...
Lift one hand if you've heard the term “Credit Score” before. Lift the other if you’ve ever heard the word “FICO”. If you have both hands in the air, you are very good at following directions! A little humor is good for the soul. But, misunderstanding...
Maintaining a high credit score is the best way to get what you want or need without having the cash immediately available. If we're honest with ourselves, there have been times when we've all wanted something we couldn't actually afford to purchase outright. This is where...
You haven't checked your credit score in a while, and you have finally decide to do it. To your horror, it is much lower than you anticipated. In previous years you would have been much less concerned, “I’ve got time to build my credit” you...
Your FINAL final is completed, grades posted, degrees conferred, and tassels turned. You did it! Most scholars can reasonably expect to graduate with tens of thousands in student debt. If you've had trouble managing your debt as a result of poor choices made during your...
Being in business is about the bottom line. The business of credit, financing, and loans is no different. Creditors and lenders typically do all they can to avoid writing off debt. They know that with the proper motivation people can usually come up with some way...
According to the most recent federal consumer finance reports, 2.5 million auto loans were originated in the United States in March 2017. That’s $53.8 billion dollars in new loans, a 3.4% increase in year-over-year auto loan originations. Accounts on your credit report fall into six major...
The summer vacation season is a wonderful time of traveling, and spending quality time with friends, family and loved ones. It's also a time of spending lots of money. Often, going on vacation can involve spending money we don't even actually have, or can't afford...
Surely we've all been in situations where we apply for credit hoping to be approved but are curved by the words, "You'll get a letter in the mail detailing the outcome of your application." How reliable is the credit scoring system anyway? Credit scoring systems...
