MoneyUnder30.com

Archive for: Credit & Debt

Get Out of Debt on Your Own: My Big Fat Guide to Kicking Your Debt’s Butt

If you want to get out of debt on your own (and quickly), I’ve got the post that will help you do it. Not someday. Not tomorrow. Right. Freaking. Now. Get your boots on. Warning: There's a lot of information here. I tried to make it as ski … [Read more...]

With SoFi, Fellow Alums can Help you Refinance Student Loans

When bold new ideas come along to help you take control of your finances, we love to tell you about them; that’s why we're here. We also strive to be transparent, because we're human. David and I have always shared about how we've messed up our f … [Read more...]

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...]