Search Results for: credit card

Credit Scores vs. Credit Based Insurance Score – How Your Credit Affects Everything!

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Your credit score affects nearly everything finance-related in your life, from credit card and loan applications to even your romantic life. Unfortunately, the prominence of credit in our lives means that you could find yourself in quite a pinch if you ever miss a payment or two, consistently max out your credit cards, or have no lines of credit in your name yet. In order to keep your credit in good condition, it’s important to understand exactly what your credit score effects. It may seem obvious that a good credit score is well, a good thing to have, but studies have shown that many of us are a little delusional when it comes to how good our credit scores really … Read more

Credit Sesame Review – Get Your Free Credit Score & More

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Repair your Finances as a First Priority

It’s important for all consumers to keep their credit scores as high as possible, but a vast majority of Americans don’t even check their credit report on an annual basis, let alone weekly or monthly. Although there are laws and regulations in place to help consumers protect themselves from thieves and cyber-hackers, you could lose quite a bit of money or watch your credit score plummet if you don’t act quickly when you see fraudulent activity on your credit report. In 2017 alone, 1.1 million consumers reported incidents of finance-related fraud to the Federal Trade Commission, with $74 million cumulatively reported credit card thefts. Consumers who knew right away that their credit score or financial accounts had been compromised could … Read more

MoneyLion Review – Personal Loans, Credit Monitoring, Rewards, and More

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MoneyLion

Did you know that 70% of Americans reportedly wouldn’t be able to cover a $2,000 unexpected expense? Perhaps this figure isn’t surprising, especially if you’re in the same boat. So, what happens when huge expenses arise out of nowhere? Typically, people either put the expense on their credit cards – and rack up more debt as a result of high interest rates – or take out a personal loan (also with considerably high interest) to cover the emergency costs. This can be a serious setback for anyone trying to improve their financial situation, but at last, a better option exists – MoneyLion. Founded in 2013, MoneyLion has become immensely popular among consumers due to its easy-to-use app and rewards-based program … Read more

Top 6 Tips to Easily Keep Your Credit in Good Condition

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Your Credit Score May Be Costing You Thousands of Dollars

For the most part, everyone knows that having a great credit score is essential. Credit operates as a major deciding factor when it comes to lending. Banks, more often than not, will review your score before deciding to help you finance major purchases. Items like a house or a car fall into this category, as do other types of big loans. How to Keep Your Credit in Good Condition Beyond that, good credit will come into play when trying to carry out other tasks like getting a job or renting an apartment. So, it’s important to keep your credit in good shape so that you have the widest array of options open to you. Here are a few tips. Don’t … Read more

How to Get Cash After Your Debit Card is Stolen

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Stolen Debit Card

The following is a guest post by Kelly Kehoe. If you’d like to submit a guest post to Money Q&A, check out our guest posting guidelines. Credit and debit card fraud happens all the time, but if you’re traveling abroad like I did recently, it can be a nightmare to deal with. After withdrawing money from an ATM just once in Barcelona, I received an email two days later about a withdrawal that had posted to my account amounting to $540. Another transaction from the same vendor with the odd name (it was Russian, according to my frantic Google search) was pending for $285. I immediately emailed my credit union (it was 9pm back home) and within 12 hours, my … Read more

How Does a Credit Union Work? Do They Live Up to the Hype?

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How Does a Credit Union Work?

The Credit Union National Association reports that over 105 million Americans are members of a credit union. This makes up nearly a third of the population. But, a majority of Americans still use traditional banks to manage their money, and younger generations are reportedly less likely to use credit unions simply because they don’t understand and often ask – how does a credit unions work. How Does a Credit Union Work? There are many benefits of switching from a bank to a credit union, but it can also be a hassle to make the move, which also requires you to reroute all your bill payments, direct deposits, and other forms of incoming and outgoing payments. If you’ve considered leaving your … Read more