Before every bank and credit union in the country started clamoring to offer their customers credit cards, consumer credit looked very different. Some merchants would open personal credit accounts for customers they knew well, and would expect to be paid back in full every month. Others allowed customers to pay for goods over time using

  The number of young entrepreneurs in the U.S. is at an all-time low, thanks in part to an influx of student loan debt. However, that doesn’t mean it’s impossible for a Millennial to start a successful business. Brian Chesky and Joe Gebbia founded AirBnB when they were in their mid-20s, and Mark Zuckerberg started

Financial stress could be impacting your life more than you think, so much so it could be giving you the symptoms of PTSD. Take a second and think about a time you’ve been stressed because of money. From small things, like that time you lost your wallet, to larger ones, like when a medical emergency

It’s been so many years of news reports saying the economy is steadily getting better. But, are you still loaded with credit card debt you can’t budge? Are you stuck at the same low-paying job, or worse, only working part-time with no benefits and with no foreseeable new opportunities where you live? Have you been

Generation X (those who are now aged 37 to 50) is often called the sandwich generation because they are growing their families while caring for their aging parents at the same time. But I’m going to call baloney on another sandwich this generation is forced to eat. More than any other generation, they are still

After being laid off and struggling financially, a Credit Sesame reader writes in for advice on getting credit and qualifying for a loan with a bad credit score. John Ulzheimer, credit expert for Credit Sesame, answers.

What do you have in common with over 220 million of your peers in the United States? You all have credit reports maintained by the three national credit reporting agencies; Experian, TransUnion and Equifax. And on your credit reports is a collection of information that reflects how well, or how poorly, you’ve paid your creditors. Credit Sesame’s credit expert, John Ulzheimer shares tips for improving your payment history to improve your credit scores.

Bankruptcy is a legal process at the federal level that applies to a person (or company) who is no longer able to meet his or her financial obligations. Bankruptcy either eliminates or reorganizes the debt, and can eliminate some kinds of liens against the filer’s property. It has a long-lasting negative effect on the debtor’s credit and is generally considered an option of last resort. That doesn’t mean it’s never the best option.

For many brides- (and to be fair, grooms-) to-be, the word frugal never enters their minds when planning their special day. So perhaps it’s not shocking that the average cost of a wedding is $31,213—an all-time high according to the latest research conducted by TheKnot in their 2014 Real Weddings Study. If you’re fortunate to