Learn more about one of the most important factors to consider when taking out a loan.APR is the annual percentage rate of interest that you pay on your credit card balance. APR is calculated by adding up all the interest charges and fees you paid over the course of a...
Find out more about the risks associated with co-signing a loan. Most people co-sign for others when they're in a bind. When they need a loan for an apartment, for example, but their credit score isn't that great. Though it may be an easy thing to say, one can't...
Guide to Detecting a Debt Trap in Your Financial LifeDebt is a trap that feeds on itself. The cycle of debt traps people and they can't get out of it. The term debt trap is used for a couple of different financial concepts: 1) A person's inability to repay their debts...
What are common money problems and financial issues people face? Financial problems and money issues are common in everyone's life. The three most common money problems people face are: "I can't seem to save enough" "I'm broke and don't know how to manage my finances"...
How to Break the Cycle with Three Steps to Budgeting SuccessWhen you get a paycheck your first thought might be "How am I going to spend this? Should I put it in savings or spend it?" If you're like me, the second question is always when am I getting the next...