According to the Consumer Financial Protection Bureau, around 2.3 million car loans originate every year. Car loans can take years to pay off. So when you finally pay it off, you might be wonderingânow what? What happens when you pay off your car? What should you do with the money you were previously putting towards… Read More
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The age of the pension has swiftly declined since the 1980s, and more Americans than ever before must invest in their own retirement. Retirement planning and investing is crucial, as it can help you get through your golden years comfortably. When you have many other financial obligations, it can be difficult to set aside funds… Read More
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It was bound to happen. So-called alternative financing sources for student loans have been popping up all over the place. Some take a peer-to-peer (P2P) approach, where individuals with a few bucks to spare and hopes of a better-than-market return lend to others who are looking for a good deal on a loan. P2P companies… Read More
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You apply for a credit card and the bank sends you one when you’re approved. Whether it’s a Visa, a MasterCard or another type of payment card doesn’t factor into the process. Or does it? Find out whether you should choose Visa or MasterCard when applying for credit cards and what other information you should… Read More
The post Visa v. Mastercard: How These Financial Tools Are Similar & What Makes Them Different appeared first on Credit.com.
Around a third of active military service members in 2019 said they didn’t pay all their bills on time, and close to that number of military spouses said the same. Military service can require some serious financial planning. But many service members might not realize how joining the military impacts their creditâand how their credit… Read More
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While you can use aÂ debit card toÂ pay for almost all the things you would use a credit card for, these cards aren’t the same type of thing. AÂ debit card is tied to existingÂ money, either prepaid on the card itself or in your savings orÂ checking account. A credit card lets you make purchases on credit, and… Read More
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Maintaining a healthy credit score requires a good bit of focus, determination and hard work. Here are 7 mobile phone applications that can help keep your credit building on track.
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Youâre in the market for a new car but youâve been denied an auto loan. Now what? Hereâs what you need to know about why you may have been denied and what to do to make sure it doesnât happen again. Why Do I Keep Getting Denied for Auto Loans? Unfortunately, there are many reasons… Read More
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