4 Credit and Finance Checks To Do Before Your State Reopens
The COVID-19 pandemic has caused unprecedented amounts of disruption for many people around the world. In 2020, a number of states in the US have issued shelter-in-place orders requiring people to stay at home and non-essential businesses to close physical storefronts in an effort to slow the spread of the virus. This has caused a […]
Loan Forbearance vs. Deferment – What’s the Difference?
If you lost your job due to COVID-19, you may be able to get a loan forbearance to help you financially during this unprecedented time. However, you may be concerned that a loan forbearance will affect your credit score. What is a loan forbearance? How is it different from a deferment? A loan forbearance generally […]
Do You Know Your Business Credit Card Can Affect Your Personal Credit Score?
Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. EDITORS NOTE: The U.S. Bank Business Cash Rewards World Elite™ MasterCard®, U.S. Bank Business Select Rewards Card, Wells Fargo Business Elite Card®, Wells […]
If You Become Unemployed During the COVID-19 Pandemic, Make These 4 Moves
We’re all living in a tricky time, we’re worried about our health, our family’s health, and honestly everyone else’s health during this pandemic. As if that wasn’t enough, we have to simultaneously think about our finances and the future of our employment. Unfortunately, a large percentage of the US population is already facing the stark […]
Don’t Like Your Credit Score? Improve Your Score With These 4 Simple Tips
Let’s face it, your credit score can be like a bad haircut. One mistake can leave you feeling embarrassed and filled with regret for a period of time (maybe the world isn’t ready yet for your extra short homemade bangs or fashion forward mullet). You’ll do anything to avoid letting anyone know about it or […]
Have You Received Your Stimulus Payment? We Want to Know.
The federal government recently passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to help businesses, families, and individuals stay financially afloat during this pandemic. Part of this Act requires the IRS to distribute stimulus payments to qualified individuals. Are you one of the millions of Americans who’s already received your stimulus payment […]
COVID-19 is causing you more debt? Then try these 5 tips to manage your finances during a pandemic
You probably don’t need us to tell you, but these are unusual times. Even if you or someone in your household hasn’t lost their job or been otherwise affected by the pandemic directly, many of us are thinking about ways COVID-19 is impacting our finances and ways to manage that. Whatever your situation, it’s never […]
5 Quick Steps to Start Building Your Emergency Fund Now
Did you know that 4 in 10 Americans would not be able to cover $400 of unexpected expenses using their own resources if they needed to? Thirteen percent of Americans could not even pay their current month’s bills if they had an unforeseen $400 expense1. So how do you build up enough of a buffer? […]
50/30/20 Budget Calculator
This calculator can help you with a simple approach to your monthly personal and household budgeting by giving you a baseline of how much you should spend on needs (50%), wants (30%), and savings for future expenses (20%) based on your current income. These percentages are adjustable and can help you determine how to budget […]
Powercash Budget Calculator
Looking for ways to accelerate paying off your debt? This calculator can help you identify where you can cut back on some expenses so you can apply that to your current debt and pay it off even faster. Powered By Knowing your credit score alongside managing your cash can give you peace of mind. Sign […]
Debt-to-Income Ratio Calculator
Add up your monthly payments, including auto loans, student loans, credit cards, and more, and compare that to your monthly income. This helps calculate your debt-to-income (DTI) ratio to help you make informed future credit decisions. Powered By Knowing your credit score alongside managing your cash can give you peace of mind. Sign up for […]
Credit Card Interest Calculator
Wondering how much interest your credit cards charge you each month? This calculator helps break down your interest payments to help you develop the debt payoff plan that works best for you. Powered By Knowing your credit score alongside managing your cash can give you peace of mind. Sign up for a free Credit Sesame […]
Ways to Help Cut Expenses and Save Money
Summary Cut non-essential items and discretionary spending. Look for discounts and free trials. Explain your situation to landlords and creditors. Need to cut expenses and save money, but not sure where should you start? Here are some quick tips: Write down all of your essential and non-essential expenses and determine a new budget: It helps […]
Resources for Food Banks and Groceries
Summary We’ve compiled a list of the top resources to help you find local food banks, discounted groceries, and meal services in your area. Click the links below to see what services are available near you. As unemployment continues to rise in the U.S., we’ve heard from many of our customers about a concern with […]
Insurance Companies Offering Relief
Summary Many health insurance and auto insurance companies are providing some type of financial relief due to COVID-19. Check to see what your insurance companies are offering. Reductions may be retroactive to March. Some insurance companies, specifically health insurance and auto insurance companies, are providing some type of financial relief, such as reducing premiums, due […]
