We hear all the time that it’s important to pay attention to our credit and work to improve our scores. Knowing exactly where you stand can be difficult, however, when you consider that you could have hundreds of credit scores. Where do you start? How Does That Happen? Well, a big reason is that there […]
There’s talk that consumer credit card debt may set a record and potentially exceed $1 trillion this year. We already set another record, with the largest net increase in consumer debt since 2007 ($80 billion). Wow! But should we see accumulating more credit card debt this year as inevitable? I, for one, don’t think so. […]
Black Friday is approaching, so if you’re among the majority of Americans who waited until this month to do your holiday shopping, it’s time to formulate a game plan. One reason we tend to put off shopping is that we don’t know what to get for the people on our list, as trying to find […]
It’s always startling to get those bank letters in the mail that say “important information enclosed.” I got one last week notifying me that my account “may have been” compromised. As a precaution, my bank was sending me an entirely new debit card and number (my first chip card — a sign of how long […]
I recently saw traveler’s checks mentioned and thought “What? Those are still around? What exactly are they, anyway? Checks are becoming rare. Shouldn’t traveler’s checks be obsolete now that we have credit cards and electronic banking? Well, here’s what I found. American Express started issuing traveler’s checks in 1891 as a convenient, secure way for […]
Debt plagues millions of Americans each year, and it can be hard to make a dent in your debt, especially if you’re already living paycheck to paycheck. One solution to pay off debt quicker is to use a 0% APR transfer credit card for a promotional period. I know what you are thinking. Credit cards […]
