Month archive
BillSaver articles published in April 2024.
Month archive
If your credit score is lackluster, you know how difficult it can be to get a credit card. People get into dire financial situations for many reasons, including being laid off in a poor economy, but regardless of the reason, a bad credit score can stop you fro
Can I sell my term life insurance policy? Can I cash my term life insurance? Can I use my life insurance to pay off loans? We see these questions all the time. When you start pouring hundreds of dollars into your life insurance policy, it’s logical to wonder h
If you are in the market for a new credit card, there are a number of things you want to consider. You do not want to apply for the first card that catches your eye, as different credit cards are designed for different people. You will want to make sure any po
You may have heard experts say you should never close a credit card, as it could damage your credit score. Others may say you simply need to choose one credit card to keep open forever. Which of these theories is correct? To answer this question, we need to ex
We are used to things moving quickly in the modern world. We have fast phones, fast cars and fast computer processors. Since we are no longer accustomed to waiting, we seem to think everything moves at the speed of light. Because of this attitude, many believe
Many people cut up their credit cards to stop themselves from using them, but it is important to remember that this does not close the account. To do that, a cardholder must contact the credit card company and ask them to close the account. While this may not
If you owe money on several credit cards, you may be struggling to keep up with your monthly payments. It can be difficult to keep track of how much you owe and to whom, and coming up with even the minimum payments can be a challenge–let alone trying to pay of
If you feel as if you have too many credit cards, you may be tempted to cancel the cards you are not actively using. While this is a good way to minimize the chance you will get into debt, it could hurt your credit score. So, what exactly happens when you canc
While a 401(k) is an excellent option for saving for retirement, especially if your employer matches your contributions, it is important to understand your tax obligations on these accounts. When you retire, you will need to pay taxes on your 401(k) withdrawal
When you purchase a new phone, your carrier will offer you cell phone insurance. The price, which can range from $8 to $15 per month, will vary by carrier and by the options you choose. Whatever the cost, insurance is intended to give you a replacement device
Many people want to improve their financial situation but are unsure of where to start. As with any other skill, it is a good idea to look to the experts for advice. If you are ready for a change, start with these eight spending and savings habits of millionai
We all know that a low credit score can affect the interest rates you are offered on credit cards, mortgages, and auto loans, but can a poor credit score affect the rate on your car insurance? Unless you live in California, Hawaii, or Massachusetts, where it i
You probably understand the importance of saving for retirement. However, what may not be as clear is which type of investment account, 401(k), IRA or Roth IRA, is best for you. Before deciding , it is important to know the difference between the three. 401(k)
Receiving a credit card is a major first step in your financial life, but it can also take you down a road of debt if you do not use your card responsibly. Often, people believe that only the young get into financial trouble with credit cards, but the truth is
While the economy is improving, millions of Americans will experience job loss at some point in their lives. Sadly, even if you lose your income, you will not lose your expenses, and there is no magic spell that will dispel your bills. However, there are some
Monitoring your credit is always a good idea. Not only will it help you track your credit worthiness, which is essential if you have a major purchase such as a home on the horizon, but it can also alert you to fraudulent activity. What are the best ways to mon
An emergency savings account is of the utmost importance. If you are a homeowner, there are a number of unexpected expenses that could occur, such as needing to replace your furnace or roof. Even if you are not a homeowner, you may need a new car or face unexp
Building or rebuilding your credit can seem to take an eternity when you are desperate for a higher score. One of the fastest ways to raise your score is by using credit cards responsibly. However, while it would be nice to watch your score grow in just a few
Income can fluctuate. While some people earn a consistent annual income, others may receive bonuses, overtime or work non-traditional, freelance jobs. Once you apply for a credit card, how do credit card companies verify the income your report? Income Verifica
When you go to sign up for life insurance, it is logical to wonder what all it covers. What will term life insurance pay for? Burial costs? Car payments? Family income? What can I use term life insurance for? These are all questions that you need to go through
Earning credit can be a frustrating process, as you cannot get approved for a loan or credit card without already have a credit history that proves you can be trusted with a loan. When you first start building credit, it may seem as if no one is willing to giv
If you get behind on the payments on your credit card, it is possible their card issuer may take them to court to collect the outstanding balance. Since dealing with collections is so stressful, it is helpful for debtors to understand how the process works so
If you are in the market for an automobile, you may have heard horror stories about people who waited to finance their vehicle until they hit the dealership floor, particularly if that individual went to a buy-here, pay-here lot. You may have even been told yo
Many believe that “bad” and “no” credit are the same thing, but this is a myth, as both send a different message to creditors. In both cases, you should work to build a good credit history, but which is worse? And, how can you improve your credit score? Bad Cr
When people think of credit cards, they often think of “debt” and forget that they are called “credit” cards. When used correctly, credit cards can actually help you build credit. However, the reason many cardholders accrue too much debt is that they are not u