Credit Sesame discusses whether it is a good idea to apply for new credit now. New figures from the Federal Reserve bank of New York show that applications for credit cards have risen over the past year. Under the circumstances, you might think people are either gluttons for punishment or determined to live dangerously. Interest
Credit Sesame interviewed Markia Brown aka The Money Plug as part of its 11 Money Questions series asking financial coaches personal finance questions most people don’t like to ask. 1. How old are you and what is your yearly income? When first interviewed by Credit Sesame for a short video, Markia replied: “I’m 29 years
Credit Sesame interviewed MoneyCoachVince as part of its 11 Money Questions series asking financial coaches personal finance questions most people don’t like to ask. 1. How old are you and what is your yearly income? “I’m 28 years old, and this year I’m going to make over six figures.” Vince’s income comes from the business
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
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 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
Credit Sesame discusses the reality of having no credit history, no credit score and no credit. If you’ve ever applied for a loan or credit card, you understand the importance of having a detailed set of records that illustrates your financial history. Typically, this information comes from one of the national credit reporting agencies: Equifax,
Credit Sesame on why you should work on your credit score to counter economic threats. Even as the economy bounces back from the pandemic, new challenges have arisen. Consumers try to make ends meet while prices rise faster than they have for 40 years. A possible recession looms. Increasing interest rates make borrowing more expensive.
Credit Sesame advises on how to read your personal finance dashboard. A dashboard in a car is designed to give you a lot of essential information at a glance. Imagine you have a personal finance dashboard. Who would it indicate? You car’s dashboard gives you feedback on how you’re driving and the condition of the
Credit Sesame recommends taking a financial selfie during self-improvement September. People take photographic selfies for many reasons. Usually, they show us at our best. Over time, they can provide a form of visual diary. Where you were, what you were doing, who you were with and how you looked. The social media app Be Real