Don’t Drink and Swipe for Spring Break Vacation

Spring Break is near, which means a lot of travel expenses you won’t regret unless it puts you into debt. Here at The Credit Repairmen, we’re always thinking about finances in terms of three digits. Do you have the three digit score that lets lenders know you will be trustworthy? The three digit score that
Read more
No Comments

Affording Spring Break with Your Kids by Saving in Three Strategic Ways (and Three Good Apps)

Spring Break is not just about forgetting everything that happened the night before. It can be about spending quality time with your family. Unlike in college—where money is actively wasted—spending spring break with your family is about saving money. And that means working with a real budget. It Starts with Savings One of the quickest
Read more
No Comments

You Owe Your Grandparents A lot, Including Student Debt

For most college students, education is the only thing worth worrying about—everything else can wait. That’s just plain nonsense.     More than 70 percent of students with a bachelor’s degree end up borrowing an average of $29,400. Student loan debt has passed the $1 trillion mark, and $66 billion of that is coming from grandparents
Read more
No Comments

Financial Fitness Starts with Understanding the New Money Paradigm

Believe it or not, money laws go all the way back to Aristotle. The ancient Greek philosopher famously called moneylending “the birth of money from money.” Even the Bible says “love ye enemies, do good, and lend, hoping for nothing thereby.” Early in our collective history, moneylending was seen as a personal transaction; an act
Read more
No Comments

Online Dating is Costing Americans Over 200 Million in Scams

There’s nothing wrong with online dating, but there’s a sad, dark business to online romance scams resulting in lots of lost consumer cash. According to FBI’s complaint center,  the bureau reported 15,000 romance scams, resulting in a combined $230 million in consumer losses.  Some of the reports involved soft scams, such as one partner asking the
Read more
No Comments

Debt Diamonds: Why You Should Grade Your Lenders First

“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
Read more
No Comments

Reach for the Stars and Get Financially Ready to Buy a Summer Home

Getting financially ready is never about making some big drastic change overnight. We like to say things like: “I’ll get a new job” or “I’ll buy that awesome new Corvette” or “I’ll buy that new home”. But as the health and wellness gurus tell us – the change has to be gradual, and has to
Read more
No Comments

How to Cheat Yourself Before Treating Yourself on that Tax Refund

Just like you, we’ve been busy this tax season. We’ve talked about why that tax refund needs to go towards debt, budgeting essentials, and even an idiot’s guide to taxes in general (don’t worry; that title was more for us than you). Now we want to take a break, and focus on silly things we
Read more
No Comments

Debt and Taxes: Why That Refund Must Fix Your Credit

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
Read more
No Comments

Catch Up on Late Bills with Three (Awfully) Essential Tips to Budgeting

Late bills are a little like thunder and lighting; you won’t get burned – unless you’re the 1 in  700,000 that gets hit – but your experience won’t be pleasant. Nonetheless, just as you can prepare for the physical storm, you can prepare for the financial one just as easily. It starts with budgeting. Many
Read more
No Comments