Credit Cards for Your Gas-Guzzling Commute

Credit Cards for Your Gas-Guzzling Commute

Credit Cards
July 31, 2018 • 12 min read by McCall Robison 0 Comments [UPDATE: Offer(s) below is no longer available through our site. Please visit our credit card marketplace for current offers. DISCLOSURE: Cards from our partners are mentioned below.] With gas prices higher than they’ve been in three years, commuting is more expensive than ever. As gas prices rise, so do commuters’ frustrations—every visit to the gas station met by an exasperated eye roll at the gas prices and a reluctant surrender of your money. Price per gallon continues to creep higher and higher, with the average price for regular-grade gasoline hitting $3.00 in the United States mid May. According to Spokesman, gas prices have climbed 41 cents in the last three months alone. Trilby Lundberg, gas industry expert, claims…
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Credit Freezes will Soon Be Free: What it Means and Why it Matters for You

Credit Freezes will Soon Be Free: What it Means and Why it Matters for You

Credit Repair, Credit Scores
August 10, 2018 • 6 min read by David Lord 0 Comments If you’ve ever stepped into the ring with an identity thief, you are probably familiar with a credit freeze. Credit freezes are an incredibly helpful line of defense in protecting your credit, but like everything else that’s good in life, these measures don’t always come free. Luckily, congress is taking steps to change that. Read on to learn about credit freezes, and how government mandates will make them free in the future. Free Credit Consultation - Call 844-346-3296 Repairing Your Credit With Lexington Law Can Help You Save MoneyGet Help Now Privacy Policy What is a Credit Freeze? A credit freeze is a nifty little tool that allows you to block any agency from checking your credit, making…
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6 Creative Ways to Lower Your Debt-to-Income Ratio

6 Creative Ways to Lower Your Debt-to-Income Ratio

Credit Repair
August 16, 2018 • 10 min read by Rebecca Safier If you’re struggling to qualify for a personal loan, your debt-to-income (DTI) ratio could be to blame. Your DTI, often expressed as a percentage, compares your debt payments with your gross income each month. Loan companies look closely at your DTI before approving your application. If the ratio is high, lenders take it as a warning sign that you might not be able to repay what you owe. Plus, a high DTI could make it difficult for you to cover living costs or save for the future. Find out how your DTI can impact not just your loan applications, but also your daily life. Then, consider the six creative strategies for lowering your debt-to-income ratio. Get Your Free Credit Score & Monitoring Plus Weekly Updates…
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The State of Housing Confidence in 2018

The State of Housing Confidence in 2018

Real Estate
September 12, 2018 • 10 min read by Taylor White   Owning a home was once a time-honored life milestone. Buying real estate was simply what you did as an adult in America, and for many people home ownership was the ultimate indicator of life success and social status. But, times have changed. Today, less people are buying houses. According to Fannie Mae, a mere 24 percent of Americans feel like now is a good time to buy a house. Looking back to 2013, when 54 percent of consumers were confident in the housing market, it feels like a lot has changed in a small amount of time. It’s clear that the certainty of prospective homeowner is waning. Find a Home Loan That's Right for You Find Great Rates From…
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Is a Fixer-Upper Home Worth the Investment?

Is a Fixer-Upper Home Worth the Investment?

Real Estate
September 24, 2018 • 12 min read by McCall Robison 0 Comments Buying fixer-upper homes is currently a popular investment in the housing market, especially since lower-priced houses increase housing confidence in home buyers. On the one hand, it is a great way to purchase a home below market value and sell it for more than you paid. On the other hand, it often seems to be more work than people anticipate, and sometimes the final product doesn’t end up being worth as much time, effort, and money as people put into it. So, is a fixer-upper home worth it? The answer depends on a variety of factors and your current situation. Thankfully, we have a list of pros and cons as well as tips and recommendations if you’re trying…
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Is the Mortgage Market Reaching a Tech Tipping Point?

Is the Mortgage Market Reaching a Tech Tipping Point?

Real Estate
September 28, 2018 • 6 min read by David Lord   In 2008, the worst financial crisis since the Great Depression hit the world with shocking and reverberating consequences. People lost their homes, their hard earned savings, and many were left with nothing to their names. Though it probably feels like that was yesterday to many of us, that was almost exactly ten years ago. The impact of the 2008 recession is still being felt by millions of people, and though trends in the economy appear to be looking up, apprehension to return to business as usual abounds. How the financial crisis impacted the mortgage market While the 2008 recession was a result of a combination of factors, years of irresponsible mortgage lending practices in America were a key player.…
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How Much Do Americans Actually Know About Credit Scoring?

How Much Do Americans Actually Know About Credit Scoring?

Credit Scores
August 21, 2018 • 10 min read by James Conners Every year, the Consumer Federation of America (CFA) and VantageScore Solutions work together to produce the Annual Credit Score Survey. This survey examines how much Americans actually know about the credit system. With the average credit score reaching a record high of 700 last year, Americans might know a lot more than we think. The survey tested over 1,000 adults on topics related to the overall credit process. These subjects include: frequency of checking credit scores how credit scores are calculated, and best ways to increase your credit score or keep it high The 2018 results showed that on the whole, Americans have increased knowledge and participation in the credit score process compared to previous years. Let’s break down the…
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6 Creative Ways to Lower Your Debt-to-Income Ratio

6 Creative Ways to Lower Your Debt-to-Income Ratio

Financial
August 21, 2018 • 10 min read by James Conners If you’re struggling to qualify for a personal loan, your debt-to-income (DTI) ratio could be to blame. Your DTI, often expressed as a percentage, compares your debt payments with your gross income each month. Loan companies look closely at your DTI before approving your application. If the ratio is high, lenders take it as a warning sign that you might not be able to repay what you owe. Plus, a high DTI could make it difficult for you to cover living costs or save for the future. Find out how your DTI can impact not just your loan applications, but also your daily life. Then, consider the six creative strategies for lowering your debt-to-income ratio. Why does DTI matter? Let’s say your monthly gross (or…
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Understanding the Different Types of Financial Advisors

Understanding the Different Types of Financial Advisors

Financial
September 21, 2018 • 11 min read by James Conners   Part of “adulting” is beginning to better manage our money, investing, and planning for retirement. If you are at the stage of your life where you are ready to put some real plans in place to get out of debt, grow your wealth, and start making solid plans for your financial future, you may be seeking financial advice. Even so, you may be unsure about what type of help you need, especially if you are just getting started on your investment or retirement planning journey. There are plenty of professionals that specialize in different areas of financial advising, and it can be helpful to have a basic understanding of the different types of financial advisors, and their specialties and…
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When Hard Inquiries Fall Off a Credit Report, Does Your Credit Score Go Up?

When Hard Inquiries Fall Off a Credit Report, Does Your Credit Score Go Up?

Credit Repair
August 21, 2018 • 7 min read by James Conners If you’ve applied for a loan or new credit recently, you may have noticed (or been forewarned) that a “hard inquiry” was made into your credit report. Inquiries are just another term for credit check, and they helps banks, lenders, and creditors determine your creditworthiness. While there are technically two types of inquiries — hard and soft — only a hard inquiry has a negative effect on your credit score. But it’s difficult to avoid a hard inquiry when you really need a loan or new credit. And thinking about what it does to your score can understandably be worrying. But remember that your credit report and credit score are never permanent. They fluctuate over time to reflect your credit…
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