Personal Loan Agreement Options

Personal Loan Options

By Bill Fay | June 16, 2017

What Are Personal Loans? Most personal loans lack collateral – property that can be taken if the borrower defaults – so they rely on the integrity of the borrower to…

What to know about upside down car loans

What Is An Upside Down Car Loan?

By Bill Fay | June 5, 2017

Being upside down on a car loan happens when you owe more than the vehicle is worth. In other words, you have negative equity. Upside-down loans are almost inevitable –…

Poor Credit Report

CFPB’s Deal with Credit Bureaus Could Raise 12 Million Scores

By Bill Fay | April 4, 2017

The Consumer Financial Protection Bureau, which prides itself on being the watchdog for U.S. consumers, has been snarling at America’s three major credit bureaus for a while and finally decided…

Loan Agreements With Family And Friends

By Bill Fay | October 19, 2016

Friends, family, and financial institutions may have more in common than you think. According to the Census Bureau’s 2022 Household Pulse Survey, over 25 million consumers had to lean on…

Scanning the EMV Card

Walmart Ahead Of Competitors With EMV Cards

By Bill Fay | October 7, 2015

While most retailers in the United States struggle to catch up to the new EMV chip technology for credit cards, Walmart has been ready for nearly a decade. The nation’s…

Credit Scores Image of Woman

Credit Scores Going Up … Without Any Help From Consumers

By Bill Fay | October 13, 2014

The average credit score for American consumers is at an all-time high, but will almost surely go higher within the next year as credit bureaus and government tinker with one…

top secret envelop

Your Credit Score: Secret, Especially From You

By Bill Fay | September 4, 2014

Do you think you know your credit score? Credit scores – the numeric measure that shows lenders whether a person is likely to repay a loan – are a must-have…

Debt Board Game Thumbnail

Credit Card Debt Analysis

By Bill Fay | June 27, 2013

Credit card ownership begins as a privilege — the ability to make purchases before providing the funds to pay for the purchases — but can quickly devolve into a web…

Women surprised to see her score on the Credit Score Grader

How Good is Your Credit Score?

By Bill Fay | February 25, 2013

Buying a house or a car? Taking out a loan? Select your 3-digit score to learn about how lenders see your credit score range and what you can do to…

Credit Card Illustration

Credit Cards

By Bill Fay | December 7, 2012

At its base, card ownership is a limited personal loan to you, whenever you need it. Keep a credit card in your pocket and you have the ability to make…