If going home for the holidays, or escaping from home, for that matter, is a part of your plan, you may think it’s too late to score a deal. After all, aren’t we always told to book in advance for the best prices?
While it can be easier to find deals if you have more time to work with, there are plenty of ways to save money on last-minute holiday travel.
Uh-oh! You just received your credit card statement, and it shows large interest rates and fees that you didn’t expect. And in bold letters, you are informed that it is because you missed a payment.
At this point, several things may be happening to your account. Here’s a rundown.
The most well-known consequence of having bad credit is trouble getting loans or credit cards, but a low credit score can also make it difficult to find a place to live. Landlords, especially large property-management companies, will likely check your credit report before approving your lease, and there are plenty of negative items that landlords see as deal-breakers with potential tenants.
Did you have a bad credit event in recent years? Do you have less than two years in the same career field? Is your monthly income less than three times your proposed payment? Fear not, when your financial picture doesn’t fit neatly into the box, you may still qualify with some lenders. Here’s how.
The holiday shopping season is stressful. I always have the hardest time figuring out what to get my boyfriend. For others, they struggle with what to get the women in their lives or whether they need to buy something for the mailman or their boss. On top of this, there is pressure to save money and get the best deals on everything on your shopping list so that you don’t blow your budget and end up with a big credit card balance come January.
Credit cards can be a polarizing subject. Many Americans love them for their security and convenience, but these very same qualities lead many cardholders into debt. After becoming overextended, cardholders may miss payments and find themselves with ruined credit.
So the last thing these people need is to try to rebuild their credit by using more plastic. Thankfully, there are several ways to improve your credit profile without using credit cards.
It’s getting so a bank can’t make a decent buck these days.
The New York district attorney’s office recently subpoenaed Capital One Financial Corp. for its subprime auto lending practices. The bank joins Santander Consumer USA Holdings and Ally Financial (formerly General Motors Acceptance Corp.), institutions that are likewise under investigation by other law enforcement and regulatory agencies
The average U.S. consumer credit score increased 2 points from 2013, according to Experian’s Fifth Annual State of Credit study. Americans have an average 666 VantageScore 3.0, up from 664 last year, on a scale of 300 to 850. That’s generally considered fair credit.
Around this time last year, cybercrime went mainstream with Target’s announcement that the credit and debit card accounts of 40 million shoppers were nabbed during the height of the holiday shopping season. Worse, the personally identifiable information of 70 million Target customers was in the wind. Before you get too worked up, here’s something to remember: Breaches are and will always be the enemy, but the more likely source of financial woe this holiday season looks back at you in the mirror every day.
After years in the shadows, the historic VA loan program is getting some time in the sun, but it may be short-lived.
VA loan volume has surged since the housing crisis. Veterans and military buyers have flocked to the program’s more flexible and forgiving requirements in a time of tight credit. But that momentum may be fleeting for veterans in some of the nation’s more expensive housing markets.
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