Should You Get Another Credit Card? What to Consider

Credit cards play a significant role in your financial life—from establishing credit and determining your buying power to potentially being a financial lifeline during times of crisis. Before you add another credit card to your wallet, you should consider your buying habits and financial strategies. The answers to the following five questions may help you... Read More

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Why You Need ExtraCredit in Your Life

What do you need your credit score for? In a nutshell, a lot. Credit cards, loans, mortgages, APR, even renting an apartment—whether or not you qualify is based largely on your credit score. If your credit is less-than-ideal, you know it can make your life just that much harder.    Having a bad credit score can hold... Read More

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What Is the Average Used Car Loan Rate?

Article originally published July 13th, 2016. Updated October 30th, 2018. More people are opting to lease their new set of wheels instead of purchasing them, according to Q2 2018 data from Experian. The number of auto loans grew to an all-time high, with leasing surpassed 30% of all new consumer vehicle sales. But the interest rates consumers are... Read More

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What to Know Before Taking Out a Subsidized Loan

Attending college or university is a dream for a ton of people. Yet higher education can be expensive, seemingly putting that dream out of reach for many students and families. Tuition at American schools has steadily increased for decades, so it can be hard for your average student to afford it. But it’s not only... Read More

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How to Save for Retirement Without Your Employer’s Help

Saving for retirement is easy to put off, but delaying ultimately can make your life harder. Even if your work does not provide any retirement savings plan, you can still make it happen. It may seem frustrating to watch your friends add up their matching 401(k) contributions, but you do not have to be any... Read More

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8 Credit Rules Everyone Should Follow

Credit cards are easy to come by and even easier to use. If you let your spending get out of control or take on too many loans, you could face big money troubles. On the other hand, you want to spend enough to improve your credit and keep it in a good range. Here are... Read More

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What Happens When You Pay Off Your Car Loan?

According to the Consumer Financial Protection Bureau, around 2.3 million car loans originate every year. Car loans can take years to pay off. So when you finally pay it off, you might be wondering—now what? What happens when you pay off your car? What should you do with the money you were previously putting towards... Read More

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