According to Experian’s 2019 Consumer Credit Review, 75% of American consumers with credit cards carry an average balance of over $6,000. And the impacts can be financially devastating. Credit cards can be enticing, offering not only the ability to buy now and pay later, but also a bevy of rewards like cashback and airline miles. […]
Managing Debt
What Debt to Pay Off First: How to Prioritize Debt on a Limited Budget
As the pandemic takes its toll on our economy, our unemployment rate and your personal financial wellness, there is no better time to figure out what debt to pay off first, especially if you are already on a limited budget. As we prepare for what is being called “the coronavirus recession”, there are steps you […]
Emergency Loans With No Job: Options for the Unemployed
While the unemployment rate in June showed a decline to 11.1%, that rate is still extremely high. Add to that the possibility of future declines as we continue to grapple with coronavirus, and it’s easy to see why the need for emergency loans has increased. But what if you’re among the millions of unemployed workers? […]
Safe Online Loans: What to Know Before Applying.
When borrowing a lot of money, many people are nervous about using an online platform to apply for a personal loan. We have everything you need to know about how to find safe online loans and the warning signs to look out for. Safe Online Loans: Where to Begin The internet has made many things […]
How to Protect Your Credit During Tough Times
During tough economic times like COVID-19, you may be as concerned with your financial wellness as you are with your physical health. One thing you can do is keep your finances in check, and more specifically, your credit. It’s important to be proactive about making sure your credit remains good. We’ll explore how to protect […]
How a Personal Loan Can Help During a Recession
As the country begins to reopen, the full impact of a coronavirus recession remains to be seen. While some sectors, like the housing market, have rallied back to pre-lockdown levels, others have yet to see improvement. Unemployment remains at record-level highs, and more job losses could occur in the future. Because of this economic uncertainty, […]
