Summary: You can potentially save thousands a year by working from home. Saving money from working from home can help your credit score. 70 percent of employees, as reported in June, were required by their employers to work from home.  Are you currently working from home? According to a remote work survey from PwC that

Summary A forbearance agreement does not forgive your payments. Rather, it suspends your payments for a certain amount of time before you will need to pay it all back. If you can afford to make payments, then you should pay what you owe each month.     Forbearance should not have a negative impact on your credit

Summary There are many different credit scoring models that lenders use for different purposes, including FICO and VantageScore. Despite being different models, each of these different credit scores are all based on the same five factors: payment history, credit utilization, credit age, credit mix, and credit inquiries. You can use the VantageScore® 3.0 score shown

This content is for informational purposes only and should not be relied on as financial advice. This article is based on current proposed enactments and is subject to change.  Summary What is the difference between private and federal student loans, and which ones qualify for student loan relief from the government? Student loan payment forbearance

This content is for informational purposes only and should not be relied on as financial advice. The payment estimate is calculated according to the second stimulus package, however, actual payment amounts may vary.   With the potential for $1400 stimulus payments to hit consumers’ bank accounts in the coming weeks or arrive in the mail, we wanted

Summary If you’re staying home for the holidays, there are a lot of fun things you can do on a budget wherever you live while still staying safe. Driving through a dazzling light show or hiking with your family in a nearby park are just a few of the affordable ideas you can enjoy.  Keep

Summary: Giving handmade or homemade gifts can be very affordable and even more special than a store-bought gift. Donating to a charity in a person’s name or creating an “experience” are other thoughtful gift options. An online Secret Santa program can be a lot of fun and save you money since you only have to

A recent study from Credit Sesame, which surveyed 5,000 adults in the United States, reveals that the cost of a low credit score is more than financial. The findings show that poor credit impacts nearly every aspect of consumers’ lives—from mental health and personal relationships to their employment and living situation.  This article highlights the

Summary: Enabling your child to be an authorized user of your credit card can be a good way to start teaching your child about credit. Explain why paying the minimum monthly amount of a large balance owed could take years to pay off. Teach your child to only finance things of lasting value such as

Summary When you’re in the holiday spirit, it can be easy to get carried away by store sales and the gifts you want to buy; however, it’s important to stick to your budget when purchasing holiday gifts. Frequently monitor your credit score so that you know what’s impacting it.  Remember the 30 percent rule when