Hello and welcome. Today we’re going to talk about Juneteenth, one of the US’s oldest nationally celebrated commemoration of the ending of slavery. Juneteenth, celebrated annually on June 19, is a day that honors the freedom and accomplishments of African Americans. But what is Juneteenth, and why should we celebrate it? Let’s find out. Juneteenth,...Read More

A common misconception of credit repair is that it is a quick and effortless process that can magically erase negative information from your credit report. Many people mistakenly believe that credit repair companies have the ability to remove accurate and valid negative entries from their credit history, such as late payments, bankruptcies, or collections. However,...Read More

A charge off is when a lender or a creditor has written off the account as a loss, and the account is close to future charges. Does this mean that you no longer have any debt? No, you’re still legally obligated to pay off the debt. If the debt is sold to a debt buyer...Read More

Low Interest Rates on Credit Cards and Loans. If you have a good credit score, you’ll almost always qualify for the best interest rates, and you’ll pay lower finance charges on credit card balances and loans. The less money you pay in interest, the faster you'll pay off the debt and the more money you...Read More

Convenience Credit cards Give you spending power without the inconvenience of carrying around cash. Plus, with credit cards, you can buy now and pay for the purchase in a few weeks or over a period of time. Cash Paying in cash means you never have to pay interest. But you can also avoid paying interest when using credit...Read More

With all the benefits that come along with using credit cards, there are some drawbacks that may dissuade you from using them. Credit cards extend your purchasing power by giving you a credit limit. This limit gives you the illusion that you have more money than you really do because you can spend money you do not...Read More

Debt is a common fact of life in America today. According to a 2015 report from the Pew Charitable Trusts, roughly eight out of ten Americans have debts, with an average of $67,900 per person. The report also found that Americans feel conflicted about their debt. Nearly 70% of respondents said they would rather not...Read More

Credit Restoration, also referred to as credit repair, is a process of disputing the accuracy or verifiability of account information in your credit reports.   How does Credit Restoration work?  To make you a better customer, credit repair companies often promise to improve your credit in refurn for a fee. These companies typically offer to...Read More

There are many advantages of having a good credit score, such as enjoying a lower interest rate on your credit cards and loans. A good credit score also allows you to save money on insurance and security deposits on new utilities and cell phone service. Using your credit wisely  is what helps you to maintain a good score.  ...Read More

You’re giving money away to the banks. Credit scores are used by banks and creditors to assess the likelihood that you will default on a credit card or loan obligation, in other words, this number measures your credit-worthiness. Low credit indicates that you’re a riskier borrower, and creditors and lenders make you pay for this...Read More