Archive for: Credit & Debt

Finding A Credit Card That Will Approve You With Limited Credit History

How to get a credit card with limited credit history.

You thought you were smart by avoiding credit in your early 20s. Now, you face the “credit catch-22”: You need to build credit but with your limited history, you can’t get approved for a credit card. Here are your options.

Stop! Never Withdraw From Your 401(k) To Pay Creditors

Who Can Seize What You’ve Saved In Your 401k-

Withdrawing from your 401(k) can be a tempting way to pay overdue bills, but it’s almost always a mistake. The IRS is the only creditor who can legally seize assets in your 401(k).

Credit Karma: The Best Place For Truly Free Credit Scores Now Offers Full Credit Reports

Credit Karma now offers free credit score and report.

Credit Karma — one of our favorite sites for getting a truly free credit score — announced this week it now offers free credit reports as well. There’s still no catch, which is why Credit Karma remains our favorite place to quickly and easily check your own credit data at absolutely zero cost.

How Your Credit Scores Affect Mortgage Rates

How Your Credit History Affects Your Mortgage Rate

We all know that your credit scores affect mortgage rates. But your credit history can also affect how much you have to put down and the price you pay for private mortgage insurance (PMI). It’s not impossible to buy a home with damaged credit; it’s just much more expensive. Here’s why.

Lending Club Review: Get A Loan Without A Bank, Or Lend Money To Others

Lending Club is a peer-to-peer lending network where anybody can invest in making loans to others.

It’s been seven years since we started writing about social lending. Today saw the initial public offering (IPO) of Lending Club, the largest peer-to-peer lending network where everyday investors can make loans to borrowers who can take out personal loans of up to $35,000 without going to the bank. Read more about how Lending Club works for both borrowers and investors.

16 Great Credit Card Signup Bonuses Available Now

Credit card sign up bonuses

A credit card signup bonus can earn you free flights, free video games, even cash. Learn how and browse the best credit card signup bonuses available now.

Best Credit Cards For Young Adults

The Best Credit Cards for Young Adults

Of the hundreds of credit cards out there, only a select few are well-worth having in your wallet — if you can qualify. Here are our picks for the best credit cards for young adults taking into account our limited credit histories in our 20s can mean it’s sometimes harder to get approved.

How You Can Be A Smarter Shopper And Resist Impulse Buying

How to resist impulse shopping.

Ahh, Target! How do you walk in the door for deodorant and cat food and leave $150 later? Impulse purchases rarely fit into your overall financial plan. Say “no thanks” to impulse displays and put your money to better use.

How To Improve Your Credit Score, Step By Step

How to improve your credit, step by step.

You know you need to improve your credit score, but you’re finding a lot of conflicting advice. What I learned from dozens of different experts about how to improve your credit score in a few easy-to-follow steps.

What Credit Score Do You Need To Get Approved For A Credit Card?

What credit score do you need to get approved for a credit card?

Being declined for a new credit card is frustrating. Improve your chances of approval by applying to cards that are suited to your credit score. Here we break down what credit scores are needed to get popular credit cards today.