Most people know that paying your credit cards late can wreck havoc on your credit score, but there are many other less-known ways to harm (and help) your credit. Here are five things that can damage your credit, and five things that can raise your … [Read more...]
Amex Blue Sky vs. Discover Miles vs. Citi PremierPass
March 19, 2008 By
Last Tuesday my weekly credit post compared credit cards rewards: cash back vs. air miles. As promised, this week’s article looks in depth at what I feel are the best three no fee air travel rewards credit cards. It’s an airline rewards credit … [Read more...]
The Better Deal: Cash Back or Miles Credit Cards?
March 11, 2008 By
Upon becoming a business traveler, I got a no-annual fee airline miles rewards card, but I sometimes wonder if cash rewards are the better way to go. Here’s a quick and dirty face-off between cash back credit cards and no-annual fee miles cards. … [Read more...]
Are 0% Six Month Balance Transfers Really a Deal?
February 11, 2008 By
Jeff writes: I'm about $5500 in credit card debt that I want to get out of before I go back to school in August. I'm thinking of taking up these offers for low interest rates on balance transfers I get in the mail from new cards. Is it worth the … [Read more...]
A Country Without Credit
February 5, 2008 By
With the economy faltering, more Americans are paring down their spending. At the least, Americans are starting to buy only what they can afford. Could the next few years become the age of Americans saying good bye to credit cards and living within … [Read more...]
A Prosper Update: One Year as a Prosper Borrower
December 14, 2007 By
It has been just over one year since I applied for an took a debt consolidation loan from peer-to-peer lender Prosper. One year in, I'm just as happy with Prosper as when I started. … [Read more...]
American Express Cards DO Have Spending Limits
December 4, 2007 By
If you carry a classic American Express Green, Gold, or Platinum card, or any other credit card that has no pre-set spending limit, you probably know that no pre-set limit does not mean no limit. So how is your spending limit calculated, and what … [Read more...]
You Want Me to Front You How Much?
September 18, 2007 By
When I joined my present employer four years ago I encountered a new financial quandary: How do you plan for out-of-pocket work expenses until they are reimbursed? Early in my career I was an eager young marketing rep and quickly volunteered for … [Read more...]
How Credit Card Usage Impacts Your Credit Score
August 10, 2007 By
You may have heard that carrying a balance on your credit cards – especially being near your credit limit – hurts your credit score. What I never realized is how much of an impact paying down that balance has on your credit. … [Read more...]
Six Good Uses for a Prosper Loan
July 27, 2007 By
I can hear you all yelling at me now. “Don’t go into debt!” “Don’t go into debt”. But what if you have a good reason to get a loan? … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results. 