Featured Articles Articles
How Many Credit Accounts Should I Have?
Many people ask me, “How many credit account should I have?” I could give you a “Well, it depends...” kind of answer, but you are reading this looking for real answers and advice, so I’m going to boldly give you an answer. I don’t know of any scientific study that suggests that my answer is the correct one. All I can tell you is, I’ve dealt with literally thousands of credit reports over the ...Should You “Opt Out” of New Credit Offers?
Don’t you just love going to your mailbox and finding all those new pre-approved credit card offers waiting for you? Filled with your personal financial information and easily accessible to thieves, it’s no wonder identity theft is so widespread. And having to take all that time shredding those offers before throwing them in the recycle bin. (You ARE shredding them, aren’t you? Thieves know that stealing your mail is a Federal crime, but ...Credit Scoring with Your Credit Card: Magic Number is Still “30”
In order to score maximum points towards your credit score, you should always keep your credit card balances below 30% of the credit limit. And one thing many credit users don’t stop to consider is: you don’t know which day of the month your credit card company reports to the credit bureaus. So you may be paying off your bill in full each month when the statement comes, but if you are charging up the ...The Truth behind Non-Profit Credit Counseling Organizations
Your first step to financial well being is to take control of your consumer debt. There are many credit counseling and debt management options - however, there are some that may be detrimental to your financial health. It is important to research and ask questions, even if a credit counseling service purports that it is non-profit. Once you have done your research and found the consumer credit counseling agency that you ...Credit Cards – Secrets to Increase Your Credit Score
If you have never received mail pre-approving you for a new credit card, you are in the minority. Most consumers have at least one credit card, and the statistics show that credit card debt is sharply on the rise. If you are deep in debt and are struggling to pay off your bills, you must come up with a financial plan and understand the fundamentals behind how the debt accrues. Understanding how ...Latest Articles
Should You Pay Off Your Mortgage Early?
I often find myself in long conversations with my borrowers over the best way to pay off mortgages early. Do I recommend the “Bi-Weekly Payment” ...
Variable Rate vs. Fixed Rate
Choosing a Variable Rate is like Ordering a Pizza
“Should I pick an adjustable rate mortgage, like a 3/1 or 5/1 ARM, or go with ...
Washington Women Veterans Summit 2009
"Top 10 Ways to Get Out of Debt and Build Wealth" is the title of my workshop at the Women Veterans Summit this year. I’m ...
Know your Statutes of Limitations
“Can you just make a small payment as a show of good faith?” Have you been called by a collection agency trying to collect on ...
Sell Furniture Like A Gypsy
You can sell furniture door to door and make a lot of money fast. How do I know that? I’ve seen it in action.
I’m not ...