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
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
If you want to build business credit for your company (even if that company is only you), here are six things you should know about business credit cards and how they relate to your business’s credit standing.
The three credit reporting agencies entered into a settlement agreement with the New York Attorney General that will result in massive changes in credit reporting practices. John Ulzheimer, credit expert for CreditSesame.com, explains what these new changes will entail and breaks down the three phase timeline for the bureaus to roll out these new credit reporting changes.
Financial abuse against the elderly is real and costly. Some estimates put the total loss at $37 billion each year. While many abuses are instigated by strangers who prey on society’s most vulnerable, many losses are caused by people the victims trust. Here’s what you need to know to protect aging parents from financial fraud.