Credit
Credit scores range from 300 to 850 under the FICO® Score system, which is the one most widely used by lenders. As is usually the case with any type of score, higher is better. A higher credit score has lots of potential financial benefits, including lower interest rates on loans and access to better credit […]
A co-owner of the former Caffe Aficionado in Rosslyn and two accomplices have been sentenced in connection with a multi-year credit card fraud scheme. On March 15, co-owner Adiam Berhane, 50, was sentenced to 10 years in prison for her role in a conspiracy to commit bank fraud, the U.S. Attorney’s Office for the Eastern […]
Image source: Getty Images We skip the obvious “debit cards” answer. Key points Online shopping has evolved, and shoppers are adopting new ways to pay. Mobile wallets, peer-to-peer checkout, and digital payment platforms offer users convenience but require users to forfeit financial or contact information. Buy now, pay later offers users interest-free loans. Prepaid cards […]
Image source: Getty Images Don’t keep using the wrong credit card forever. Key points There are many different types of credit cards you could use. Many people stick with cards they already have and don’t consider whether they’re a good fit. If your card offers inadequate rewards or you’re paying an annual fee and not […]
It’s safe to assume that the Connecticut child tax credit, like the federal version it’s modeled after, was passed with the best of intentions. There are undoubtedly people who need a break in times of economic uncertainty, and the state is trying to help provide one. It’s a sound policy idea and one that makes […]
Suppose you are in a difficult financial situation and need to pay a debt, make an important purchase or cover emergency expenses; a $255 payday loan might be just what you look for. During challenging economic times, many people require financial assistance to help them overcome such hardships and be able to cover the necessary […]
Being strapped for cash is a difficult position for anyone to be in. A loan may seem like your only option, but not everyone qualifies for a loan since it depends on your credit score. However, it does not mean you should seek out any lender willing to give you a loan out of desperation. […]
I don’t really have a mailbag, but it would be fun if I did. What I do have is a file named “EC Mailbag.” That’s where I save all of the questions and letters that you, my dear readers, send to me. I just don’t have the time to respond personally, so I love it […]
Whenever you’re in any financial crisis or turmoil, taking a loan seems to be the best way out of it. A loan quickly meets your needs during a financial emergency and brings you out of a traumatizing and severe economic turbulence. However, getting a secured loan approval is challenging, hectic, and traumatic in itself, especially […]
Upon paying off between $12,000 and $15,000 in credit card debt in 2019, Yamiesha Bell, a special education teacher in New York, didn’t break up with her credit cards. With goals to buy a car and a house, Bell hoped to preserve her credit history by keeping her cards open and active. “I needed to […]
