Are You Financially Comfortable?
Credit Sesame reviews a recent study that investigated how much money you need to be financially comfortable. Do you qualify? To answer that, you need to go beyond thinking of being financially comfortable as a number. You have to think about your own attitude towards wealth and where you stand in relationship to your goals. […]
Low Income and a High Credit Score: Is it Possible?
According to Credit Sesame’s Personal Finance and Credit Survey May 2022, it is possible to have a low income and a high credit score. There is an expectation that low income earners have low credit scores. In fact, the data show low earners can beat the odds and earn good credit scores. High income earners […]
Personal Finance Weekly News Roundup July 16, 2022
Credit Sesame’s personal finance weekly news roundup July 16, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Definition of “financially comfortable” depends on where you live Wealth managers still expect 2022 to be better than 2021 Consumer debt continues to rise Consumers expect inflation to outpace earnings growth […]
Which States Help Consumers with Medical Debt?
Credit Sesame discusses medical debt and how states help reduce this debt. Health care is the largest source of debt in collections in the United States, and most states aren’t doing much to help residents. According to Innovation for Justice, a team of researchers at the University of Arizona and the University of Utah, only […]
5 Reasons Your Credit Score Matters with Irene Renee, Credit Repair Specialist
Credit Sesame’s conversation about credit score and why it matters with Irene Renee, credit repair specialist. Twitter Space recorded July 7, 2022. Conversation starts at 2:30 mins Credit Sesame @creditsesame All right. Let’s go ahead and get started. Hi everyone. Welcome to today’s Twitter Space! We’re going to be talking about why your credit score matters. […]
Which States May be Closest to a Recession?
Credit Sesame examined recent economic conditions in all 50 states to predict which 10 states may be closest to a recession. Inflation is squeezing household budgets. Rising interest rates makes it more expensive to borrow money. These and other economic concerns have raised the possibility that the U.S. economy is heading for a recession. The […]
You Should Check Your Credit Score: It May Have Gone Up
Credit Sesame recommends that you check your credit score. There may be a pleasant surprise waiting for you. Even if you’re afraid to look, it’s a good idea to check your credit score regularly. As of July 2022, a credit score check might provide some good news for millions of Americans. A recent change to […]
Credit Rich and Cash Poor: It Can Happen
Credit Sesame on how it is possible to be credit rich and cash poor. It’s not easy to manage your finances on a low income. And yet, a recent Credit Sesame survey found there are plenty of examples of people who have built above-average credit scores despite below-average incomes. Good credit scores are not reserved […]
Personal Finance Weekly News Roundup July 9, 2022
Credit Sesame’s personal finance weekly news roundup July 9, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Consumers should check for a recent credit score boost New credit card accounts surge European inflation hits record high Job openings declined in May The yield curve on Treasury securities signals […]
How Inflation May Affect No Credit, Unscoreable and Credit Invisible Americans
Credit Sesame on how inflation affects no credit, unscoreable and credit invisible Americans. In today’s world of online shopping and cashless transactions, not having credit is a real hardship. This problem is now being made even worse by raging inflation. It’s a mistake to assume that all people without credit cards or access to legitimate […]
Should You Delay Major Expenses Because of High Inflation?
Credit Sesame examines which types of spending should and should not be delayed in response to high inflation. Current high inflation is affecting just about everything consumers buy. Some people are changing their spending habits as a result, but not always in the right ways. The highest inflation in over 40 years is scary. But you […]
How to Splurge Without the Financial Hangover
Credit Sesame’s National Splurge Day Giveaway on Facebook, TikTok or Twitter has ended. One lucky winner has $500 to splurge any way they wish. June 18 was National Splurge Day. In some ways, it couldn’t have come at a worse time. Inflation is at 40-year highs, interest rates are rising and economic growth hangs in the […]
Consumers and Credit Card Companies on Collision Course
Credit Sesame explains how credit card companies may restrict access to credit when you need it most. Besides inflation, higher interest rates and a slowing economy, consumers have something else to worry about this year. Credit card companies may start restricting access to credit just as you need it the most. That puts consumers and […]
Five Tips on How to Become Financially Independent
Credit Sesame provides five tips on how to become financially independent. Why you should Become Financially independent Some people are gifted money managers and seem to glide through life like a swan across still water. Others find managing finances more challenging. If you become financially independent, you are more likely to manage through periods when […]
Americans Declare Freedom From Inflation This July 4th
Credit Sesame polled social media with an informal fourth of July spending habits survey. It’s an American tradition to celebrate freedom from oppression on July 4th. This year, the chief oppressor of Americans is inflation. In keeping with tradition, Americans are finding ways to celebrate July 4th that defy the tyranny of inflation. An informal […]
