By Sabrina Ashley
Money market accounts are different from regular accounts in a few important ways. But there are similarities between these two accounts as well. Both are savings accounts that one can open at a bank or a credit union, and both allow the account holders to save money. While not all regular savings account offer interest, the money market accounts offer a higher rate of interest. Both accounts are ...
By Valencia Higuera
If you have bad credit or a horrible payment history, you can expect a high credit card interest rate. But what if you have good credit? Does this justify a lower interest rate? Some credit card companies charge excessive rates, in which a borrower's principle balance barely decreases or remains the same. What's more, a high rate results in higher monthly payments. If you're looking...
By Valencia Higuera
Divorce is messy and unpleasant. In some cases, couples have to decide who is going to keep the home. After a divorce, it is natural for one person to remove their name from a mortgage loan and go on with life. Unfortunately, removing one's name from a home loan isn't simple. To accomplish this, you'll have to refinance the property. This involves applying for a new home loan. Decide ...
By Ac Gaughen
Facing down bad credit is a long process and one that many Americans are in the midst of dealing with. While the best answer to repairing bad credit is time and responsibility, here are some more concrete recommendations that you can use to repair your credit. One of the most obvious ways to repair bad credit is to reduce your debt. Your credit extended to debt used ratio is a large part of...
By Julia Barrus
Everyone wants to know what happens if you don't pay your credit card bills. According to statistics, most Americans struggle with the ability to pay their credit cards off in a timely fashion. Learn what happens if you don't pay on your credit cards and steps to take to ensure this won't happen to you. Always remember, the system is set up to favor debtors, so proceed with that in...