Can paying your bills on time increase credit? The short answer is yes, definitely. But there’s a catch. Before we get to that, it pays to understand why paying your bills on time works to improve your FICO scores and earn you access to more credit. Learn To Think Like A Lender Many people … Read more
What are the benefits of not having a Smartphone? According to a 2015 article posted by the Pew Research Center, as of 2015 some 64% of American adults “owned a smartphone of some kind, up from 35% in the spring of 2011”. A more recent Pew Report is even more telling; a “vast majority” … Read more
What are the disadvantages of investing in an annuity? First, let’s examine what we mean by “annuity”. Dividend.com describes annuities as saying a customer purchases an annuity plan using a single big payment or smaller sets of contributions. “The financial institution distributes money back to you for a certain time frame, depending on what … Read more
If you are interested in investing, you might be wondering what the July 30, 2020 headlines about the U.S. economy shrinking a whopping 33% (more accurately, 32.9% according to the Associated Press) between April and June really means. I love how conspiracy theory that line above sounds; there is no conspiracy, just a combination … Read more
What are the benefits of increasing your credit line? It might seem to go against some of the current prevailing advice about credit–use less credit, not more and reduce your credit card balances below 50 percent or better. For many, the idea of increasing your credit line seems counter-intuitive because the idea is to … Read more