Anyone who currently has or has had credit cards or loans has a credit history with Credit Reporting Agencies. These agencies provide credit reports upon request. A credit report contains information about where the person works and lives and how they pay their bills. It also may show whether they have been sued or arrested or have filed for bankruptcy. Businesses use this information to evaluate applications for credit, insurance, employment, and other purposes allowed by the Fair Credit Reporting Act (FCRA).
Earning interest on your money is a great way to watch your savings grow! Have you ever wondered how long it would take for you to double your savings? The Rule of 72 says that to find the number of years required to double your money at a given interest rate, you divide the interest rate into 72.
When your current home isn’t fitting your needs anymore, the decision to move to a new home or to renovate your existing home is a difficult one. If you do decide to remodel, here are a few things to consider:
It may seem strange to think about saving for a college education when your child is very young, but there are two things you should consider:
Many of the New Year’s resolutions people make involve money. That comes as no surprise, because money plays a major role in many aspects of our life. If you’d like to put your finances on more solid ground, consider these resolutions: