The Pros and Cons of Overdrafts
Credit Sesame on the pros and cons of overdrafts and overdraft fees. Overdraft fees have come under a lot of fire over the past couple years. Politicians and financial regulators have taken aim at them for being too high and for penalizing poorer customers in particular. Are overdraft fees really as evil as they are […]
Give Yourself the Gift of a Holiday Budget This Season
Credit Sesame with advice on setting a holiday budget this season. Debt isn’t your friend at any time of the year, and holiday shopping can make Christmas much less jolly. One in three Americans took on holiday debt in 2021, averaging $1,249 in debt that they likely carried into the new year. Creating a holiday […]
Bankruptcy Recovery Plan: How to Raise Your Credit Score After Bankruptcy
Credit Sesame discusses how to raise your credit score after bankruptcy. Bankruptcy is one of the most serious possible credit events. According to FICO, your credit score after bankruptcy drops between 130 and 240 points. The actual damage depends on how high your score was to begin with and how many missed payments, charge-offs and […]
App Gift Ideas for this Holiday Season
App gift ideas brought to you by Credit Sesame. Apps as gifts this holiday season? Why not? Apps have a quite few advantages over more traditional gifts. This holiday gift guide details app gift ideas to consider adding to your seasonal shopping for 2022. Credit Sesame Credit Sesame’s mobile app combines credit monitoring, credit building […]
Is it Crazy to Apply for New Credit Now?
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 […]
Good Financial Moves to Make Before the Start of 2023
Credit Sesame suggests a few good financial moves to make before the start of 2023. Most people start the new year with resolutions to lose weight, exercise more, finally learn how to play the piano, or even get a new job. But why wait until the new year to improve your finances? Start now, and […]
Personal Finance Weekly News Roundup November 26, 2022
Credit Sesame’s personal finance weekly news roundup November 26, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Existing home sales continue nine-month slide Sales of existing homes declined for the ninth consecutive month in October. Sales volume declined by a seasonally-adjusted 5.9% for the month. Year-over-year, sales […]
Tech Gift Ideas for this Holiday Season
Tech gift ideas brought to you by Credit Sesame. Tech novelties can be practical and fun gifts. They meet many gift-giving challenges — people who “have everything,” tech-hungry Gen Z-ers, holiday parties that require gifts for people you don’t know and loved ones living in small spaces. At least one of the tech gifts on […]
11 Money Questions | The Money Plug
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 […]
Financial Reasons to be Thankful This Thanksgiving
Credit Sesame on financial reasons to be thankful this Thanksgiving. It seems not a day goes by without some bad news about the economy. High inflation and rising interest rates have been putting pressure on consumers all year. Meanwhile the threat of a recession could create a new set of problems. As serious as these […]
How to Check Your Credit Score Online Easily | Money Mentor
Credit Sesame’s Money Mento video explains how to check your credit score online easily. To improve your credit, you must first check your credit score to get a starting point. Is your credit poor, fair, good, or excellent? What is a good credit score? Most credit scoring systems have scores that range between 300 and […]
Student Loan Forgiveness Blocked: What Now?
Credit Sesame discusses student loan forgiveness blocked by the courts and what happens next. On November 10, 2022 a U.S. District Court in Texas ruled President Biden’s student loan forgiveness program to be unconstitutional. Beyond being a setback for the President and the millions of borrowers who may be affected, this ruling creates a lot […]
Finance Gift Ideas for this Holiday Season
Finance gift ideas brought to you by Credit Sesame. You probably have a few people on your holiday gift list who are in transition — young adults just starting out, freshly-married couples, new parents and retirees. They may not want or have room for traditional “gifty” items. Instead of saddling these loved ones with another […]
5 things to do as interest rates rise
Credit Sesame discusses 5 things you can do as interest rates rise. After years of low interest rates, rising interest rates are finally giving savers reasons to save more money, and borrowers may want to put off big loans. The Federal Reserve has raised interest rates six times this year, and a seventh hike may […]
Personal Finance Weekly News Roundup November 19, 2022
Credit Sesame’s weekly news roundup November 19, 2022. Stories, news, politics and events impacting the personal finance sector during the past week. 1. Court ruling threatens student loan forgiveness A U.S. District Court in Texas has ruled that President Biden’s sweeping forgiveness of some student loan balances was unconstitutional. This is a more direct threat […]
