Even if you’re financially responsible, life’s unpredictable nature can sometimes catch you off guard, at times making it dangerously easy to fall into debt. Discover how to start managing your debt with these tips and tools. Types of Debt While being in debt is never ideal, some types of debt are better than others because […]
More than half of all college graduates have used student loans to pay tuition and other costs. So if the lingering bill for your education makes you nervous, know that you’re not alone in facing student debt and there are options that can make repayment easier. If the money you borrowed came through the federal […]
Borrowing money makes it possible to afford things you couldn’t otherwise, but make sure you understand what you’re signing up for to avoid falling into overwhelming debt. Paying it back Let’s be clear from the beginning: when you pay for something with credit, you’re still on the hook for that money. Often, you’ll have to […]
When shopping for a car, it’s usually best to start by shopping for a car loan. When you’re shopping for a car loan, remember that what it costs you to borrow depends on three things: The finance charge, expressed as an annual percentage rate (APR) The term, or length of time the loan lasts The […]
When looking for a new car, you have three main options: buy used, buy new, or lease. There are pros and cons to each method. Your choice will be based on various financial considerations, driving habits, and personal preference. Used Buying a used car is appealing to many people. Used cars are less expensive up-front, […]
A credit score is a number that potential lenders will use to determine whether they should lend you money, how much, and at what interest rate. Your credit score is an actual number between 300 and 850. The higher the number, the better: a score of 730 to 799 is considered very good, though the […]
