How Secured Credit Cards Can Help You Get Your Credit Score Back

Why a Secured Credit Card? A secured credit card is a good choice for someone who needs to establish or reestablish credit. To get a mortgage you need to have established credit.  When you have a credit card, the credit card company reports your credit repayment history to the credit bureaus which creates your credit [...]

The Pro’s and Con’s of Owning Vs Renting

Shelter is one of the most basic of necessities. In general, people can either rent, buy or rent-to-own a place to live. Home ownership is often idealized, but it is not without its own pros and cons. Because financial situations vary from one person to the next, owning a home may be ideal for some [...]

Prepaid Credit Cards Vs. Secured Credit Cards

Do you know the difference?  Many people don’t and actually can lose plenty of valuable time rebuilding their credit by choosing the wrong type of credit cards.  So which one is the right choice?  Depends on your goal, but if you are looking to rebuild your credit, stick to the secured credit card.  Looking to [...]

Take Control of Your Finances in 2011

Our relationship with money is partly ingrained in our emotional DNA.  So when you feel angry, frustration or shame about your relationship with money,  it often comes from our parents.  So if they had a fraught relationship with money, chances are you will too; whether it’s taking on too much debt or not taking care [...]

Thin Credit File? Fat Chance!

You may know someone who appears to be doing everything correctly from a financial perspective, but they still can’t qualify for a mortgage.  It might be because that person does not use credit, or only has one of two credit accounts, or maybe it is because they are new to credit and have not had [...]