Credit Sesame discusses how you can build credit by reporting your rent payments to the credit bureaus. Are you young and haven’t established a strong credit history yet? Got a low credit score you’d like to increase? There is one strategy that can accomplish both goals: Reporting your rent payments to the credit bureaus. Take
When you’re trying to establish credit for the first time or rebuild your score after a bankruptcy, foreclosure, or other rough financial spot, a secured credit card, when used responsibly by you can be a lifesaver. The OpenSky® Secured Visa® Credit Card is one you may want to consider, whether you’re starting out or you’re starting over.
Credit Sesame outlines 7 reasons to apply for student loan forgiveness. Student loan forgiveness just got real. On Monday, October 17, the Department of Education launched the official application for student loan forgiveness. A successful application allows borrowers with federal student loans to have up to $10,000 worth of that debt forgiven, plus another $10,000
Credit Sesame on what it means to leverage your credit. The term “leverage” simply means using something you have to get the result you want. In this case, what you have is excellent credit. And you can use it to: Save money on loans and insurance. Make investments. Earn cash, travel or merchandise for free.
Credit Sesame discusses using health savings to build retirement wealth. The recent surge of inflation increases the cost of a comfortable retirement. To meet that cost, it’s more important than ever to make the most of your retirement-saving opportunities. Besides traditional retirement savings vehicles such as 401(k) plans and IRAs, a Health Savings Account can
Credit Sesame’s personal finance weekly news roundup October 22, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Colleges profit by recommending banks to students Application for student loan forgiveness now available Analysts warn of corporate debt defaults Retail sales struggle to keep pace with inflation FBI-older-Americans-most-susceptible-to-tech-support-scams Wage growth
Credit Sesame discusses how debt changes retirement funding and financial security. In mid-2022, the amount of debt held by people aged 60 years and more reached an all-time high. Along with Americans in all age groups, seniors are piling up record amounts of debt. However, a large debt burden can be especially burdensome to retirees.
Credit Sesame on why pre-approved credit card applications are a win-win for consumers and credit card companies. Credit card offers fill your mailbox, flood your email inbox and interrupt your television shows. When consumers are bombarded with pitches to that degree, is it any wonder they get a little jaded? Should you care when a
Credit Sesame analyzes the effect of inflation on retirement savings. Saving for retirement is tough enough under normal circumstances. Inflation makes it even harder. Retirement may seem a long way off, but the threats that inflation poses to your retirement security have to be faced now. Otherwise, inflation can put you way behind your retirement
Credit Sesame on the reasons for maintaining good credit in today’s economy. The stakes for maintaining good credit are higher than ever. In October 2022, recent news provides multiple examples of how important good credit is in today’s economy, and how consumers’ credit is under attack. Concerned Lenders are Tightening Credit Standards According to the
