Everyone needs to be concerned about their credit. Building credit is necessary in order to obtain a credit card, buy a car, buy a house, rent an apartment, or even apply for a job. Chances are that you are already building credit, whether you are aware of it or not, and maintaining a good credit score is important as your life changes. Being proactive about building your credit can open new doors for you as you plan for the future.
When you’re shopping for a credit card, one of the most important considerations is the interest rate on the card. Whether you choose a VISA, MasterCard, Discover Card, department store card, or any other kind of credit card, you will have to pay interest on any unpaid balances. How much interest you pay depends on various factors.
If you have ever bought a house, signed for a loan, applied for a credit card, or opened a savings account, then you have some idea what interest rates are. When interest rates go up, credit becomes more expensive and you have to pay a higher percentage rate for a loan or credit card. At the same time, higher interest rates also mean you make more money from your savings or investments. But what drives interest rates up or down?
You know the saying, “Good things come for those who wait?” We’re pretty sure the person who said that was looking to buy a house. Whether you’re a first-time homebuyer or an experienced house-hopping veteran, buying a house comes with a lot of questions and decision making. With so many options on the market, how do you possibly decide? Well, here’s where you can start.
Buying a car in the Pacific Northwest has never been easier to do yourself. Whether it’s an upgrade or a first-time purchase, we have the need-to-know info to make your shopping experience as simple as possible. Hopefully, by following these five steps, you can shift gears into that peaceful PNW state of mind without coming across too many speed bumps.
Can you remember the first time you opened a bank account? Seems like forever ago, right? It’s such an everyday occurrence that sometimes people forget what a bank account actually entails. What are the pros? Are there any cons? What are the need-to-know bits and pieces of opening a bank account? In this article, we’ll explore the types of questions you should ask.
If there’s one thing we can all agree on, it’s that paying off student loans isn’t fun. The process may evoke a mix of unfavorable emotions—but that’s where we come in. Let this blog take on the form of meditation, a hot bath, heck, even online shopping if that’s how you blow off steam. There is a faster and more convenient way to pay off student loans, and here are some tips for doing it.
It’s the ultimate showdown—credit unions versus banks! Like in the classic battle of blondes versus brunettes, which financial institution ultimately has more fun? If only it were that simple. Comparing a credit unions vs. bank is a little like comparing apples to oranges. Each has its own strengths as well as areas in need of improvement, and the right choice for you will depend a lot on your lifestyle and banking preferences. Before we delve into the fun facts behind credit unions, let’s consider the question, What exactly is a credit union?