Suze Orman, one of the most well known personal finance gurus in the media, announced a few days ago that she had created, and was releasing, a new prepaid debit card.  Prepaid debit cards, if you’re not familiar with them, are cards, like credit cards, where you prepay and then can only use the card [...]

This post provided by Money Supermarket. People have often been told that investing in a home is the best thing they can do. In the recent financial crisis many people have found this not to be true. The reason for this is that so many lenders gave loans to people who were simply not qualified [...]

The Beating Broke Guide to Your Credit Score is a guide that I wrote a while back, that has been available as a download here on the site as a .pdf document for some time.  With the recent rise in usage for ebook readers, I thought it was time that it got converted over and [...]

The banking and credit card reform laws were supposed to help us – and they did in many aspects – but one of the unintended consequences is that banks are making up for the lost revenue sources by creating new ones… fees, fees, and more fees! I just closed my brokerage account from BoA/Merrill Lynch [...]

If you’re one of the millions of people that has been negatively impacted by the global financial crisis, then you may find that your credit rating has suffered. Realize though that no amount of good advice can be a replacement for responsibility. Living within your means and giving a proper amount of deference to your [...]

To rebuild your credit score, you must add positive information to your credit report. Knowing the exact type of information to add will ensure you’re taking the right steps toward complete credit repair. New Credit Accounts If you can’t get all the negative information erased from your credit report (and sometimes it’s better if you [...]

Everybody knows that you want to have the best credit score you can.  Why?  Because the better your credit score, the better the rates you can get on your loans, of course!  But, did you know that there are other reasons to try and improve your credit score?  In fact, here’s five ways that having [...]

What if you couldn’t use a credit card.  What if you couldn’t get a loan?  Imagine a world where “credit” as we know it no longer exists.  Or never existed in the first place.  Would that world be better or worse than what we live in now? In many ways, credit that is used wisely [...]

With all the news lately about people “walking away” from their mortgages, increasing bankruptcies, and debt consolidation/repayment schemes, I got to thinking about what the obligations of the buyer are.  And, also, the ways that we as a society have made it easy to sidestep those obligations. Obligations What are our obligations when we buy [...]

Building credit is a phrase that you’ll see around the Internet and anywhere most financial experts talk.  It’s basically the act of getting a loan with easily repayable terms, or piggybacking on someones loan, in order to create a positive record on your credit report and thus increasing (building) your credit score. But, for many, [...]