Snowball Method for Repaying Credit Card Debt

For some, getting into credit card debt is a heck of a lot more fun than getting out of it. Others face emergency situations that require large credit card purchases, or worse yet, cash advances. However, there are strategies, like the snowball method, to pay off credit card debt and that do indeed work. Read […]

How to Choose the Best Credit Card

With so many credit cards available, it’s not surprising that careful thought is required to decide which one to select. Many folks, especially Millennials, have a cautious attitude towards credit, perhaps due to large student loans. Nonetheless, the right credit card, responsibly managed, can provide you with features that improve your lifestyle. Even if you […]

7 Hidden Credit Pitfalls to Avoid

Simply put, your credit is absolutely vital for your financial future. Having a good FICO credit score can save you thousands of dollars down the road, lower interest rates, and overall just make your life easier. However, there are a number of pitfalls that can set your credit score reeling – even if you aren’t […]

How to Cancel a Credit Card

How to cancel a credit card

If you have a credit card you no longer use, you might want to close the account and chuck the card. For instance, if your card charges high interest rates or fee, or provides stingy rewards, you might be able to obtain a more attractive card. It’s not hard to cut the old card in […]

Student Loan Forgiveness for Teachers – How it Works in 2020

Student loan forgiveness, discharge or cancellation means that you are no longer required to repay some or all of your loans. Forgiveness and cancellation are the terms used in connection with loan relief due to your job, whereas discharge refers to personal circumstances such as a permanent disability or closure of your school. Federal student […]

How Long Does it Take to Get a Credit Card?

You’re interested in getting a credit card, but wondering how long the process actually takes? Let’s go over the process from A to Z, and look at how long it might take for most applicants. Overview: You can get a credit card in about 10 business days. That said, differences in approval process can make […]

What Is a Good APR for a Credit Card?

Credit card companies make money in two ways – interest and fees. Federal law demands that all cards express their interest rate as an annual percentage rate (APR), which lets your compare ”apples to apples.” Typical credit card APRs hover around 20%, but the range is much greater, running from 0% to 35% and higher. […]