Category:
Personal Finance

Image of the stimulus COVID-19 relief check distributed by President Trump

Stimulus Checks for COVID-19 Relief

By Bill Fay | July 1, 2020

The phrase “stimulus check” is second only to “coronavirus” or “COVID-19” as something to talk about these days and people are definitely talking. About 159 million Americans have received the…

Image of a new credit report

How the New FICO Credit Scoring System Will Affect You

By Bill Fay | January 29, 2020

The announcement that FICO will put two new credit scoring models – FICO 10 and FICO 10T – into play this summer is the ultimate good news/bad news situation for…

Chalkboard with graph of rising credit card rates

Why Credit Card APR’s Are Rising, Despite Fed’s Third Rate Cut of 2019

By Bents Dulcio | November 4, 2019

Typically, a decrease in the federal funds rate means your credit card APR should fall as well, but that’s not what is happening lately in the U.S. economy. Banks have…

Pay Car Insurance

What to Do If You Can’t Afford Car Insurance

By Bents Dulcio | September 19, 2019

For most Americans, going carless is unthinkable. You need one to buy groceries, take kids to school, visit a doctor’s office and see friends and family from time to time.…

People sitting at computers and tablets looking up personal loans to submit an application

Personal Loans on the Rise

By Bill Fay | October 17, 2018

The loan business is getting personal. We’re talking personal loans, and they are exactly what they sound like. You borrow money from a lending institution and pay it back. The…

Woman and man stressing over holiday bills

How to Pay off Holiday Debt Fast: 5 Strategies

By Bill Fay | February 8, 2018

The holiday season ended months ago, but it is far from a distant memory for millions of credit card holders, who are still paying for it. American consumers spent a…

Bag of Payday Loan Money Exchanging Hands

Payday Loan Alternative a Good (Or Risky) Thing?

By Bill Fay | January 15, 2018

If you’re one of the millions of Americans for whom payday can’t come soon enough, technology is catching up with your dreams. Uber, McDonald’s and Outback Steakhouse are among a…

Financial Planning Calendar

2018 Financial Planning Calendar

By Bill Fay | November 29, 2017

Would you like to save an extra $1,000 in 2018? Maybe you should eliminate that latte on the way to work. How about earning an extra $3,000? That can easily…

American families are having trouble with understanding finance

Financial Literacy a Tough Test for Most Americans

By Bill Fay | May 24, 2016

The latest trends in spending and debt indicate that America already has forgotten any lessons we might have learned when the bubble burst on the U.S. economy in 2008. The…

Save money on Thanksgiving

Excessive Spending Not Necessary At Thanksgiving

By Bill Fay | November 23, 2015

America’s holiday season has begun, which means excessive consumption is not only allowed, it’s encouraged. At least until it’s your turn to pick up the bill. There is no reason…