“Nothing is certain except death and taxes.” The “taxes” part of these famous words from America’s founding father Benjamin Franklin ring true, especially when it comes to real estate transactions. If you’re buying or selling a home, you might be responsible for paying what’s called a transfer tax. Read on to learn what transfer tax … Read more
Direct Express debit cards are a convenient way for recipients of federal benefits like Social Security and SSI to receive their payments. But unlike a traditional bank account Direct Express cards don’t display routing and account numbers. This often leaves cardholders wondering – does Direct Express have routing and account numbers? The short answer is … Read more
A credit limit is the maximum amount of credit a lender authorizes a borrower to use on a credit card or line of credit. If the borrower exceeds the credit limit, they may be subject to penalties, fees, or even canceled credit cards and lines of credit. Keep reading to learn how credit limits work, … Read more
Most people pay their credit card bill once a month, but youre allowed to pay more frequently. Technically you can pay your credit card bill as often as you want. Some people prefer to pay bi-weekly or even weekly. While it might sound unnecessary, making weekly payments can actually boost your credit score and have … Read more
When life throws you a curveball and your credit card debt goes unpaid, it begs the question – what happens to unpaid credit card debt after 7 years? Although the unpaid debt will go on your credit report and have a negative impact on your score, the good news is that it won’t last forever. … Read more
A credit card deadbeat refers to a cardholder who pays off their full balance every month, avoiding interest charges and late fees. While the term “deadbeat” often carries a negative connotation being a credit card deadbeat is actually a smart financial move. Let’s explore what it means to be a credit card deadbeat, the benefits … Read more
Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own. Whether you’re looking for your first credit card or your wallet is already bursting with … Read more
For a score with a range of 300 to 850, a credit score of 670 to 739 is considered good. Credit scores of 740 and above are very good while 800 and higher are excellent. For credit scores that range from 300 to 850, a credit score in the mid to high 600s or above … Read more
Your credit utilization rate is the percentage of available credit that youâre using on your credit cards and other lines of credit. Itâs based on the balances that appear in your credit report. In general, a lower utilization rate is best. Your credit utilization ratio, sometimes called your credit utilization rate, is the amount of … Read more
If you’re looking into how to get out of a car loan, you might feel like you have limited options. Fortunately, there are plenty of ways to solve this problem. Have a look at the various methods you can use to break up with a car loan for good, as well as the pros and … Read more