Month archive
BillSaver articles published in February 2024.
Month archive
If you have several credit card balances, paying all of them can be difficult. To make your life easier, you may want to consider consolidating your debt. When you consolidate your credit card debt, you put all of your balances on one credit card. You pay that
Student loan debt has hit more than $1.3 trillion in the United States, and a report found that the average for a Class of 2016 graduate is carrying $37,172 in student loans, according to a recent report from Forbes. The same report found a total of 44.2 milli
Term life insurance is one of the most affordable ways to protect your family in the event of a serious accident. If you pass away abruptly, unexpectedly, and unprepared, term life insurance will provide your loved ones with the money they need to pay your fin
Without a line of credit, it is impossible to build or rebuild your credit. Checking accounts and debit cards will not help because a financial institution must loan you money to report positive information to the three major credit bureaus. However, if you ha
If you own a small business, you can build credit for your business, just as you can build your own credit. Your business will get a credit score similar to your personal credit score, but instead of representing your ability to pay back debt, it will reflect
While credit cards can sometimes get a bad rap for high interest rates and fees, there are many benefits to savvy consumers that are unmatched by other payment options. As long as you can pay off your credit card each month, your plastic can be the best way to
Anyone who has ever dropped their cell phone in a body of water knows how quickly this will kill the device. Electronics and water just do not mix. While we generally do not think of credit cards as electronic devices, they do use technology that is similar to
When you first open a credit card, your credit limit is based on your credit score at that moment. If you maintain a high score, make payments on time, and use credit responsibly, your credit card company may decide to raise your credit limit. What many do not
If you have a tendency to max out your credit card, you may be looking for new ways to make necessary purchases. The Problem with Maxing Out Your Card Maxing out your credit card will negatively impact your credit score, as one of the largest factors in determ
The Federal Reserve left rates unchanged at its January 2024 meeting, but that did not make revolving card balances cheap.
If you have a 401(k) account and need cash, it may be tempting to tap your retirement for a loan. Legally, you can borrow up to $50,000 or half the balance of your account (whichever is less). You will also be paying yourself back, so any interest will go to y
People love holiday shopping, but they do not care much for the credit card bills that start coming in January. Once the warmth of the holidays has passed, many are left with the cold hard task of paying credit card bills. However, there are several steps you
While anyone can obtain a prepaid card, many believe they can only be used as gifts or are only for those who cannot qualify for a credit card. However, prepaid cards offer a number of special benefits to consumers. Here are some of the most common reasons peo
If you are in the market for a mortgage or car loan, you probably understand how important it is to have a high credit score. The better your score, the lower interest rate and more favorable terms you will be offered on a loan. If your score is less than stel
If you are looking to trim the fat from your budget, you may want to look at lowering your utility costs. There are a number of small changes you can make to lower your monthly bills. 1. Better Insulate Your Home If you own your home, there are a few steps you
Many people want to raise their credit limit on their credit card so that they have more money available to them. However, there are times when lowering your credit limit could be a good idea. If you are thinking about lowering your credit limit, you will firs