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Archive for: Credit & Debt

Capital One Venture Credit Card: Still Tops for Travel Rewards

Capital One Venture Card The Capital One Venture Card pays double miles for every dollar spent. There is a $59 annual fee after the first year. View details or apply Capital One VentureOne Card The Capital One Venture Card pays … [Read more...]

Use the “Savings Triangle” to Pay Down Debt Faster

When U.S. News  ran a story earlier this year about how I paid off $80,000 of debt before turning 30, I was flooded with emails from new and existing readers wondering how I did it. Even veteran finance journalists were curious. I’ve written a lot … [Read more...]

Dave Ramsey’s Financial Peace University: An Unbiased Review

Americans are up to their ears in debt. According to the Federal Reserve, the average American household has just over $15,000 in credit card debt as well as over $31,000 in student loan debt, as of September 2013. If you're one of the millions … [Read more...]

Pros and Cons of Using 0% APR Credit Cards for Purchases

I was chatting with a friend the other week who mentioned he was thinking about getting a new credit card – one with a 0 percent APR on purchases for over a year – to finance a couple of home improvement projects he had coming up. Pros of making pu … [Read more...]

In an Emergency, How to Borrow Money From Your IRA

On Feb. 14, Money Under 30 ran my column about the five (and only five) times it might be OK to tap a retirement account. Little did I know at the time that I'd soon put one of those scenarios to the test. In that column, I interviewed Eleanor … [Read more...]

Beware Credit Cards That Do Not Report Credit Limits to Credit Bureaus

Most credit cards report three pieces of information to the three credit bureaus: Your payment history Last month's balance Your credit limit Your payment history shows that you pay on time -- or not! Last month's credit card balance … [Read more...]

Facebook, Texting Increases Your Risk of Identity Theft: Here’s What to Do

As part of the under-30 crowd, readers here have more social media savvy than any generation in history. That's the good news ... now the bad: Social media and mobile platforms represent the new frontiers for identity fraud, according to a 2012 … [Read more...]

Our Credit Isn’t Perfect; How Can We Prepare to Get Home Financing?

Q: I’m 27 and recently got married. My husband and I are ready to buy a home. We have enough saved for a down payment, but his credit isn’t great because of a couple of credit cards he didn’t pay about four years ago, and we’re nervous about getting a … [Read more...]

Before You Apply, What You Need to Know About Balance Transfer Credit Cards

If you’re struggling with credit card debt, a balance transfer credit card can save you money on interest while you repay it. Fortunately, I haven’t used balance transfer credit cards in a long time (because I haven’t carried credit card debt in a … [Read more...]

Student Loan 911! A Guide to Student Loan Repayment Options

Wherever you are in your relationship with student loans -- the horrifying honeymoon (I have to pay back how much!?) or the later years of relentless payments that leave your bank account as dry as a desert -- it pays to review your student loan … [Read more...]