Latest Finance Articles and Promotions

Balance Transfer Hacks: Everything You Need to Know

It’s fairly common for consumer debt to pile up to an alarming rate, especially when it involves high-interest rate credit cards. Over time, paying only the minimum payment creates a situation where it seems as though the debt may never be paid off in full. That’s a reality when you don’t take advantage of debt consolidation or other reduction strategies when the opportunity arises. A balance transfer can be a lifesaver for those in debt, but it is important to understand how it works and when it makes the most sense to pull the trigger.

Posted on January 22, 2018 by Melissa

3 Tips for Removing Late Payments from your Credit Report

credit report dispute form on deskYour credit score is comprised of a number of factors, not the least of which is your history of on-time payments. If you made the unfortunate mistake of being late on a payment for a credit card, student loan, mortgage, or personal loan in the past, it may seem like all is lost. However, there are ways to remove a late payment from your credit history without having to wait the standard seven years it takes the credit reporting agencies to remove that negative information. Here are three tips for getting your credit back on track and improving your credit score by removing late payment information from your credit report.

Posted on January 19, 2018 by Melissa

Greater Nevada Credit Union Offering $355 Processing Fee Discount on Home Mortgage Loans

Greater Nevada Credit Union logoBuying a home or refinancing a current mortgage loan comes with a slew of expenses homeowners are not always fully aware of. Above and beyond a down payment and the monthly mortgage payment after the loan has closed, homeowners also pay for lender fees and closing costs that can add up to a significant amount. From time to time, financial institutions offer reductions in these costs to make home ownership more affordable to the customers they serve.

Posted on January 18, 2018 by Melissa

The Most Valuable Credit Card Perks

Close-up of woman paying with blue chip credit cardCredit cards are a staple in the economy, with an estimated 70% of all adult consumers carrying at least one major credit card at any given time. Financial institutions and credit card issuers have designed a wide variety of credit cards with varying rewards, like cash back, travel miles, and retailer-specific points, all to incentive the use of one card over another. Consumers are widely aware of the rewards and loyalty programs that go hand in hand with some credit card offerings, but there are several perks that add to the value of using credit cards for day to day and major expenses. Here are some of the most valuable credit card perks available today.

Posted on January 17, 2018 by Melissa

Credit Card Fraud – Victims Rights and Options

Three credit cards locked together on computer keyboardFinancial fraud is widespread and feared by most of the public. One of the most gut-wrenching feelings is opening a credit card statement and seeing huge payments for items you didn’t order. With the proliferation of the internet across the world, especially poorer countries like China, the number of hacking attempts against personal information and credit cards continues to increase. It is now easier than ever to steal someone’s information and use it to purchase something while remaining completely anonymous. But there are various tools you can use to protect yourself should you find yourself the victim of one of these attacks.

Posted on January 16, 2018 by Ryan

State Department FCU Offering Holiday Loan Special with Low 6.49% APR

State Department Federal Credit Union logoThe start of each new year brings the opportunity to refresh and set new goals for the upcoming 12 months. But when it comes to personal finances, setting new financial intentions for the year can be a challenge when financial emergencies strike or when there is still a money hangover from the busy – and expensive – holiday season. When the need for extra cash arises, a personal loan can be a lifesaver.

Posted on January 15, 2018 by Melissa

5 Top Triggers That Will Increase Your Chance of an IRS Tax Audit

Audit word under magnifying glassWith another tax season fast approaching, it’s common for individuals taxpayers to start thinking about their chances of an IRS audit, especially when a tax situation is complex. A taxpayer has a higher chance of avoiding an IRS audit by following proper account filing instructions from the start. Unfortunately, the IRS does not publicly share a list of common mistakes taxpayers can avoid. If you are not a chartered accountant, it is best to hire a CPA that has experience in complying with tax laws to keep your chances of an audit low.

Posted on January 12, 2018 by Guest Author

Financial Do’s and Don’ts for the 2018 New Year

To-do list spiral notebook pencil, mobile phone and cup of coffee on tableWith each new year comes the perfect opportunity to reflect on you’re the progress of your financial life and create actionable goals for the 12 months ahead. While most people focus on saving more money or paying down debt as a new year’s resolution, others may place importance of shifting behaviors around money management in an attempt to improve one’s financial circumstances. Regardless of whether your new year’s financial resolutions revolve around the dollars and cents, or on changing your money habits, here are several financial do’s and don’ts you may want to consider implementing, or avoiding, this new year.

Posted on January 11, 2018 by Melissa

Revolving Credit vs Installment Loans and Impact on Credit

Revolving credit credit vs installment loansDo you have any revolving or installment credit lines on record right now? Do you even know the difference between the two? Don’t worry if you’re confused, we’re about to clear things up. If you already have a basic understanding of how your credit score is determined, then you’re ready to move on to the more advanced stage of understanding.

Posted on January 10, 2018 by Ryan

Bank of America Offering Discount on Mortgage Origination Fees for Preferred Rewards Members

Bank of America logoBuying a home comes with a handful of expenses, from the down payment to lender fees associated with a new mortgage loan. When all costs are combined, homeowners in the process of buying or refinancing can be out of pocket a pretty penny. To help quell these expenses, some financial institutions provide discounts or other savings programs specific to homeowners and their unique financing needs.

Posted on January 9, 2018 by Melissa