Man applying for a small money loan

How to Get a Small Dollar Loan

By Mike Capuzzo | July 25, 2018

It’s a brutal world for the small money borrower in the big city. Consumers think payday loan stores are the only place to go if you need money for an…

Credit Report Dispute Form on the Computer

How to Dispute Credit Report Errors

By Bill Fay | July 25, 2018

Managing your financial life is tough enough without credit reporting errors setting you back. But mistakes happen. The Federal Trade Commission did a 10-year study and found that 20% of…

Supreme Court Building

Credit Card Act of 2009

By Bill Fay | July 24, 2018

The Credit CARD Act of 2009 has saved consumers billions of dollars, and most of them probably don’t even realize it. The law is commonly called the Credit Card Bill…

Credit Reports: Scores, History & Other Credit Report Information

Understanding Credit Reports

By Max Fay | July 16, 2018

If you plan to participate meaningfully in the U.S. economy, it is vital to examine your credit report every year, and understand everything in it. A credit report is a…

Equal Credit Opportunity Act

The Equal Credit Opportunity Act (ECOA)

By Bill Fay | July 16, 2018

Americans have about 800 million credit cards in their wallets and purses. If laid end-to-end, those 3½-inch pieces of plastic would circle the globe almost two times. Yet some people…

Credit Score Fluctuations

Credit Score Fluctuations

By Bill Fay | July 11, 2018

Credit scores are influential numbers because they usually determine the interest rates assigned to a consumer and whether someone can get a loan. They gauge a consumer’s paying habits and…

Credit cards are a type of revolving credit

Revolving Credit: What It Is & How It Works

By Bill Fay | July 11, 2018

Revolving credit is a loan with a predetermined spending limit that automatically renews as the debt is paid off. Credit cards are the most popular example of revolving credit and…

Consumer Money protected under umbrella - Financial Protection Bureau

Consumer Financial Protection Bureau

By Max Fay | July 11, 2018

The Consumer Financial Protection Bureau (CFPB) is an independent agency under the Federal Reserve System. It was created in 2010 to protect and educate consumers about their dealings with financial…

LendingClub Overview and Company Review


By Maureen Milliken | June 29, 2018

LendingClub is an online financial service that connects borrowers with loans that fit their needs. It works best for borrowers with good to excellent credit who are looking for personal…

Cash Advance Loans And What They Are Used For

Cash Advance Loans

By Bill Fay | June 21, 2018

  Almost 190 million Americans have a credit card and they will make about 30 billion transactions in 2018. Sometimes, however, cash is still king. If you don’t need actual…