Free Investment Advice

Debit and Credit

In this modern day and age, the words “debit” and “credit” are heard on a daily basis. In everyday uses they may mean different things. But in financial terms, debits and credits mean completely opposite of what we expect, and this article will explain why. Generally people think of the word “debit” they think of their [...]

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Credit Cards - The Bane of Society?

Cut Up Those Credit Cards! Credit cards are the bane of society. Yet, ironically, without some type of credit it may be difficult to get a loan, purchase a home or a car. It’s a catch-22 situation in that the FICO score on your credit report is determined by the amount of credit you [...]

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Credit Score Myths

Most individuals who own credit cards annually check their credit scores with the three agencies; Equifax, Experian, and TransUnion. While these scores are important in obtaining credit, loans, and lower interest rates, there seems to be several credit score myths that need to be debunked. Myth: There is only one credit score. Fact: There [...]

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How to Resolve Credit Card Debts

According to the FTC, there are four basic methods you can utilize with regard to credit card debt solutions: Credit Counseling, Debt Management Programs, Debt Consolidation, or Bankruptcy. While bankruptcy should only be considered as a last choice, let’s review the former programs that may be of significant help to you if you are in [...]

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