Subscription-based businesses such as SaaS companies often have two main payment plan options for their customers: monthly or annual subscriptions. Which SaaS payment plan is better actually depends less on the business offering the services, and more on the customer. Different customers have different needs and different perspectives on what constitutes value for them. Both … Read more
When you default on a secured loan, the lender may repossess the asset you used as collateral. With an unsecured loan, the lender may sell the debt to a collection agency, which could sue you for payment. When you default on a loan, it could trigger a range of negative consequences, including damage to your … Read more
If your credit score is 683, you are right in the middle. According to Experian, the average American consumer has a FICO Score of 714 as of 2021, and anything in the range of 670 to 739 is generally considered to be a good credit score. Most lenders consider an 683 credit score to be … Read more
Taking out a mortgage to purchase a home is a major financial decision that most people make at some point in their lives. Along with the mortgage, many lenders encourage or require borrowers to purchase mortgage life insurance to protect the investment. But what happens when the mortgage is eventually paid off? Does the insurance … Read more
A gold credit card is a premium credit card that offers high-end rewards, benefits, and services It is designed for consumers with excellent credit who spend a lot on dining, groceries, travel, and other expenses Gold credit cards have annual fees ranging from $250 to $995, but they provide cardholders with valuable perks and rewards … Read more
A letter arrives from a law office threatening a lawsuit for payment on an old student loan. It’s upsetting but hardly rare. You or your cosigner may get hit with a lawsuit if you have old, unpaid student loans. If you don’t respond in time or attend the court hearing, the creditor will likely win. … Read more
Credit card applicants can receive approval for a credit card without employment, but caveats exist. There are several ways to obtain a credit card without a job, but using a credit card without income or cash to pay off your balance is a bad idea, so be careful not to make any purchases you can’t … Read more
Q. My credit has always been good, and my brother’s credit stinks. He just got married and they want to buy a house. I’m thinking of co-signing the mortgage. What do I need to consider? — Brother A. It’s very kind of you to want to help your brother, but before you do, you need … Read more
Credit cards can be powerful tools to help borrowers achieve financial goals or build a credit history. However, many credit card users are unaware of how quickly debt can add up. Without careful spending, it’s easy to find yourself facing significant bills. Credit card debt can sneak up on you quickly. Before you know it, … Read more
If youâve ever opened your credit report and spotted a collection account, you know how stressful it can be. Whether itâs due to a forgotten bill or an error, collection accounts can have a severe impact on your credit score and financial standing. The good news? You have the right to dispute collections on your … Read more