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5 Money Mistakes That Could Be Ruining Your Credit

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Here are five common money mistakes that could be unintentionally sabotaging your credit score. Mistake #1: Closing credit card accounts. Of course, you should reduce your debt load, beginning with your credit card debt. But once you pay off a card, don’t close the account. Mistake #4: Paying late.

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How Can I Boost My Credit Score?

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Are you looking to purchase a new car or considering buying a house in the next few months? If the answer is yes, you’ll likely need to apply for a loan to make the purchase possible. It’s important to check your credit score beforehand to know what you can expect for the loan’s terms. Credit inquiries can be hard or soft.

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8 Pieces of Financial Advice for New College Graduates

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You may not be able to escape using a credit card for some unexpected expenses, especially if you’re just starting a new job and haven’t had time to build your savings. If you are paying back credit card debt, your minimum monthly payment should go in this category. Understand and build your credit score.

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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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The survey, released in October 2021, reported that the COVID-19 pandemic continues to impede decision-making ability, which includes financial decisions. Bureau of Labor Statistics reports that roughly two-thirds of our economy is fueled by consumer spending, much of it in the form of credit card debt. You deserve it!

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What Is a Credit Freeze, and Should I Do It?

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million reports of identity theft. When you apply for credit, lenders typically pull your credit report to decide if and how much to give you. Credit freezes restrict access to your credit report. If lenders can’t see your credit file, they can’t approve the credit application.

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How to Find Your Money ‘Why’

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How many bath bombs have been purchased on credit cards in the name of self-care? As the journal Applied Economics reports, “individualized cultural values measures do indeed explain part of the financial behavior of households.” How many unused vitamins and supplements under the name of wellness? Don’t list too many.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

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Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average. I simply don’t see the need for one when I can use credit cards and earn points and perks for my daily transactions.