Income-driven repayment (IDR) plans can be a lifesaver for those seriously struggling with student loan debt. However, not everyone benefits from an IDR plan. Before you decide to enroll, carefully weigh the pros and cons against your own debt and income levels.
For most of us, major expenses like rent, groceries, and car payments draw most of our attention. While that’s an excellent budgeting foundation, if you want to maximize your savings rate, you need to consider all your monthly bills when trying to cut costs.
People with problem debt often feel shame or guilt around it. But there’s nothing wrong with you. As with so much else in life, the first step is acknowledging you have a problem so you can start solving it. Here are tips you can take today to stop being ashamed of your debt and take control of it.
As any frequent traveler knows, there’s no shortage of travel rewards credit cards out there. But the variety of enticing cards makes choosing the right fit an overwhelming prospect. Fortunately, these strategies can help you find the ideal travel credit card for your lifestyle and spending patterns.
Many American workers have trouble making ends meet, which is why payday loans are such big business. Today’s popular personal finance apps that give you access to your paycheck a few days early may offer a better alternative. Here are the best paycheck advance apps to help you make it to payday.
Some customers take ages to pay their bills. Invoice factoring can help some small businesses bridge the gap between sales and receivables and ensure ongoing cash flow. What is invoice factoring, and is it right for your small business? Learn more here.
Your credit score doesn’t just affect your personal finances. Your credit influences many aspects of your personal and public life, including plenty that don’t involve borrowing. Read on to find out how a bad credit score can negatively affect you, and learn how to keep track of your credit score.
Most people think of credit cards as a common way to pay for purchases, but charge cards are another option. They offer rewards and perks and help you avoid interest charges. Find out the differences between charge cards and credit cards, as well as some good charge cards to consider.
Your credit score may be just a number, but it can have a big impact on your life. So how do you go about finding out what your credit score is? And is it really worth the trouble? Find out how to check your credit score using paid credit subscription services or free credit monitoring services.
I loathe the process of buying a car. Dealing with pushy, overbearing salespeople can be infuriating. As a result, I do whatever I can to avoid buying a car. I perform all recommended DIY car maintenance checks, keep my vehicle for as long as possible, and consolidate my trips both to save on gas and decrease wear and tear on my car.
Cosigning on a loan is a common way people try to help a friend or family member with poor or no credit. But before casually agreeing to cosign a loan, consider the risks. Cosigning a loan is no small favor, and you may be surprised when you learn what’s at stake for you.
There are several ways to tap into your home equity when you need extra money. A cash-out refinance can be an effective source of funding, but it’s not for everyone. Here’s what you need to know about the pros and cons of cash-out refinancing to determine if it’s right for you.