More than one in four accounts held by Credit Sesame members are currently in collections or charged off. The bills that don’t normally show up on your credit report can cause the most damage to your score.
I’m all about goal-setting. In school, I earned good grades—not straight As, mind you, but a healthy mix of As and Bs. In my work as a writer, I keep tabs on how my stories perform compared to those of my peers for the sheer joy of a little friendly competition. So when it came
Here’s a scary fact: student loan debt is a $1.3 trillion crisis in the U.S., and it’s the second-highest debt category among consumers, only behind mortgage debt. Student loan debt is higher than credit cards and car loans put together. We wondered what student debt looks like by gender and by age. We analyzed anonymous
With Mother’s Day and Father’s Day on the horizon, you might have plans to treat mom to a decadent brunch or dad to some high-end golf clubs. If you can’t afford it, don’t. “Mother’s Day” and Father’s Day” gifts are given to mothers, spouses, children, siblings, grandparents and friends. Spending on Mother’s Day shot up
We all want to get rid of debt. Debt is costly and can prevent us from reaching financial goals (or at least prevent us from reaching them when we’d like to). Some people consider credit card debt bad and mortgage or student loan debt good. The truth is that having any debt means you are
We all have those specific dates that we can never forget. These are the dates that mark a significant life change. For me, October 2, 2010 marked the day I became a wife. June 14, 2012 marked the day I became a mom. January 6, 2014 marked the day I lost the most. On that
What do you think when I say the word “budget”? Do you roll your eyes? Cringe? I want to help you see your budget in a new light. A budget is freedom. It’s the path to getting what’s most important to you. Most of us wouldn’t consciously trade in a home or the opportunity to
The Federal Reserve has been busy lately, and that’s not a good thing for credit card users. The Fed raised interest rates a quarter percentage point on March 15. The March increase was the third since the financial crisis — the first was at the end of 2015 and the second was one year later.
Debt is a huge drain on your financial life. Payments on credit cards, student loans, a car loan or a mortgage suck cash out of your wallet that you’d probably rather save or invest. Besides that, heavy debt can also drag down your credit score. A lower credit score may mean higher interest rates on
When you think of a debt payoff plan, you probably imagine tightening your purse strings and taking on side hustles to rake in extra cash. Social media maven Rachel Pedersen has an entirely different approach. The 27-year-old entrepreneur, who runs her own social media management company and the online training program Social Media University, is