woman deciding whether to lend money to a friend

5 Questions to Ask Before You Lend Money to a Friend

Most of us don’t think twice about buying a coffee or picking up the lunch tab for a friend who’s low on cash. But what about when a friend asks you for a more significant loan? Before you answer yes or no, ask yourself these questions. They can help you decide if you should lend money to a friend. Why Do They Need It?     While you wouldn...


Red ink past due stamp to represent credit card delinquency

What Happens with a Credit Card Delinquency?

When you’re running short on cash, it might not seem like a big deal to miss a credit card payment or two. You’ll make plans to catch up the following month, only to find that money is still tight. By the time the late payment hits the 30-day mark, the delinquency can start to affect your credit. Let’s take a look at what happens when you bec...


Young woman and man discovering they have received a higher credit limit

Everything You Need to Know About Credit Limits

Using credit responsibly includes understanding credit limits and how they can affect your finances. Let’s take a look into some common questions surrounding credit limits and what they mean for consumers. What is a Credit Limit? When a consumer opens a new credit card, that card includes a credit limit, which is the amount of credit available...


Plumber working on pipes under the sink

5 Home Repairs You Can’t Ignore

You've probably spent more time in your home this year than usual, which means more wear and tear on your house and everything in it. It might start out as a small water stain on the ceiling, a patch of missing insulation in the attic, or a small crack in the foundation. But these small signs can mean potentially big trouble in a home, and ignoring...


woman workin on DIY credit repair

Is DIY Credit Repair a Good Idea?

There is no shortage of products and services devoted to helping consumers improve their credit. Among them is credit repair, a for-profit service that promises consumers an opportunity to dramatically improve their credit as a way to attain additional lending, such as a home mortgage, personal loan, or vehicle loan. What credit repair companies do...