People of all ages struggle with money management. If you learn fundamental financial skills early, it may help you avoid costly mistakes later on. But you might wonder, “How do I make a simple budget for teens with school expenses, savings, and spendi…
Author: Lorraine Roberte
Losing a job is overwhelming, especially when you’re unsure what comes next. Layoffs are typically considered a “no-fault” job loss, which means you may qualify for unemployment benefits. Still, the details can get confusing. You might wonder, “D…
If you’ve ever wondered what happens to credit card debt when you die, you’re not alone. It’s a common question, especially during an already difficult time after losing a loved one. Credit card debt usually doesn’t pass directly to family member…
A hard inquiry or “hard pull” is when a lender looks at your credit report to decide whether to extend credit. But how long does a hard credit pull last on your credit report? According to Experian, a hard pull can remain visible on your report for up …
If you’re overwhelmed by education debt, you may be asking, “Can I file bankruptcy on student loans?” The answer is yes, it’s possible — but that doesn’t mean they’ll be erased right away. Unlike credit cards or medical bills, student loans…
A credit card cash advance is a short-term loan drawn against your credit card’s line of credit. Instead of swiping your card to make a purchase, you withdraw actual cash, either from an ATM, at a bank branch, or through other methods your card i…
Are you paying off student loans or other debt? You might be surprised at how long it takes. Interest capitalization might be to blame. When you know what it is and how it works, you’ll be able to make greater strides toward financial freedom. How does…
If you’re struggling to keep up with loan payments, your lender may offer relief options. One of the most common is deferment, which lets you temporarily pause your payments. What is loan deferment, and when does it make sense to use it? Here’s what bo…
Graduation is a big milestone, and the last thing most people want to think about afterward is loan payments. But understanding when you have to start paying student loans, and what to do before that date arrives, can save you money, protect your credi…
If you’re like many college graduates, you got a degree to improve your life. However, some graduates are finding that handling college debt is harder than they thought. If you qualify for income-based repayment, student loans may get easier to manage….