If you’ve had an overdue student loan, years of high credit card balances or even a foreclosure, you probably have a low credit score, which can cost you a bundle if you ever want new credit. With poor credit, you may simply not be able to get … [Read more...]
Using Credit Cards and Debit Cards Overseas
May 25, 2010 By
When I moved to the UK and opened a bank account, I had no idea that anything but a Visa or Mastercard logo could be on a debit card (in other parts of the world, there are other kinds of debit cards). I should have looked into this before hand, but … [Read more...]
Peer-to-Peer Auto Loans
May 14, 2010 By
It’s best to buy a car with cash---but not everybody has saved up thousands of dollars when the need for new transportation strikes. Although car shoppers have several options for financing a new or used car, including many online lenders, buyers … [Read more...]
Credit Scores Scare Me
May 7, 2010 By
I just turned off the TV. Why? There was an ad on about a furry, man-eating, house-soiling credit score run amuck. This is the stuff of nightmares. Most of us reading here bought what our parents and teachers sold to us all through … [Read more...]
Balance Transfers on Credit Cards: What You Need to Know
May 5, 2010 By
If you've spent one too many months staring at your swelling credit card balance---and all that interest you're paying---that piece of junk mail promising a 0% balance transfer credit card probably looks pretty enticing. Sure, balance transfers … [Read more...]
Paying Off an Auto Loan Is Bad For Your Credit Score!?
April 7, 2010 By
Dave Ramsey tells people that FICO scores aren’t credit scores; they’re “I love debt” scores. Case in point: Last week, I paid off my auto loan. This week, my FICO score dropped 60 points. Sixty! There have been no other changes to my credit … [Read more...]
Beware Free Credit Score Ads
April 5, 2010 By
Have you already noticed that all the annoying TV ads for FreeCreditReport.com are now for FreeCreditScore.com? That’s because as of April 2, the U.S. Federal Trade Commission (FTC) now requires companies claiming to offer free credit reports to … [Read more...]
Cash Rewards Credit Cards Compared
March 29, 2010 By
All rewards credit cards are not created equal. Some cards pay back airline miles good on only one airline, other cards pay points that users can redeem for merchandise or gift cards. Others pay cold hard cash. Although frequent flyers obsessed … [Read more...]
How to Finance a Car the Smart Way
March 22, 2010 By
When I bought my last car, I thought I was being smart because I negotiated a good price and a good interest rate. In hindsight, my first new car purchase was just another one of the many financial debacles of my early twenties. In the financial … [Read more...]
Capital One Venture Credit Card Review
March 15, 2010 By
Big banks only roll out totally new credit cards every couple of years (typically in an effort to win new customers from competitors by offering some kind of improvement on their rewards). Capital One has done just that with its new Capital One … [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. 