“They” say that diamonds are a girl’s best friend – although Leonardo DiCaprio disagrees. There are a number of reasons for that. Psychologists say that diamonds act as “courtship gifts” because it shows us that our significant others see us as “investments”, and apparently girls (and boys, of course) love that. But so do collection
With tax seasons under way, everyone can’t wait to to spend their refund money like a lottery ticket. Despite our inner wishes, that tax refund is not a Victoria’s Secret gift certificate. If it is, you either haven’t had to worry about debt, or are about to start. First, a quick refresher: a tax refund
For a lot of Americans, debt collection is a world that they’ll either never understand, or avoid altogether. So what are collections? And what are charge-offs? What are the differences in this financial jungle? The first thing to note is that debt is different from a collection, just as a collection is different from a
Your credit score – that three digit number that determines whether or not lenders trust you – takes into account everything you’ve ever bought, borrowed, paid for, or financed. Well, almost everything. You may prefer renting, but your credit doesn’t Most people are familiar with this already. In economic terms, rent doesn’t “build equity”. The
What determines where you live? Where you can work? What you can afford? While your personal choices are important, the credit bureaus help answer these questions too. And there’s a hidden truth to their practices you need to know. If lenders want to know if you’re trustworthy, they don’t use your testimony. They use your
With teacher appreciation week underway, it’s always important to remember the unsung heroes of inspiration. The people that push us to be wiser tomorrow than we are today. These people may not always be teachers. There was that dentist responsible for George Washington’s dentures (carved from hippo tusk) who seemed integral to Washington’s personal growth.
If there’s one thing you can count on when you have good credit, are auto loans. And who doesn’t love the kind of fast and furious cars Vin Diesel pilots past tanks and submarines? Granted, good credit is not the same as good income. Nobody is selling you on the idea that good credit will
There are things that we know would be reported on our credit reports such as credit cards, financed vehicles, a mortgage. However, there are certain items that CAN appear on your credit report that you may not be aware of that can affect your FICO score. Business Credit Cards: Many times when opening a