With the Occupy Wall Street movement in full swing and other cities across the U.S. joining in (and even in other countries now), many Americans are voicing their distress at their current financial situation. If you’re in debt up to your eyeballs with no relief in sight, what do you do? According to advice from [...]
Many of us are already familiar with the fact that a good credit history is essential if you want to save money on loans. Indeed, your interest rate on home loans, auto loans and credit cards will be lower if you have a higher credit score. A good FICO score can save you hundreds, even [...]
Recovering from bankruptcy can seem insurmountable right after you’ve been through the wringer of filing. Whether you’ve had to deal with unexpected medical bills—the leading reason for filing personal bankruptcy—or you’ve been through a rough divorce or a bout of unemployment, or even just a string of bad financial decisions, going bankrupt can make you [...]
“I’d like to purchase a mobile phone,” I told the guy at the store. He had me fill an application, and after a few minutes, came back to me and said, “I’m sorry, we can’t give you a contract. You don’t have any credit history.” I arrived at the US in 1999 with no credit [...]
Rather recently, I received some disturbing news: The PlayStation Network had been compromised. I have a credit card stored on PSN, so I was immediately concerned about what could happen to my credit card number. I figured that I would need to be on the look out for fraudulent charges. But then, after some thought, [...]
So you’re up to your neck in a massive pile of debt. There are many circumstances that could have led you here, but responsible financial planning is the one that will get you out. Most debt situations can be corrected with careful planning and intense effort over a period of one to three years. You’ll [...]
