Protecting Your Credit During a Divorce
The financial costs of divorce are almost always high, so when divorcing, you will want to take every measure possible to protect your credit rating, especially if your financial history has not been stellar. The simple splitting of one household into two incurs additional costs for both parties, and when you add on attorney’s fees, [...]
Are You Carrying Too Much Debt?
Perceptions as to how much debt is too much debt vary, but financial experts in the credit industry have developed standards to help you determine if you are carrying too much debt. These standards can help you decide if you need to do something about your financial situation. Consider the ratio of your debt to [...]
A Dozen Easy Ways to Cut Expenses
Need to cut back your budget, but you don’t want the changes to hurt too much? Here are fifteen easy, painless (mostly!) ways to trim your budget. Take even half of these to heart and you’ll find a lot more pennies in your piggy bank! 1. Reward your children with something other than an allowance. [...]
Protecting Your Credit After the Death of a Spouse
Losing a spouse is a terrible experience, and yet it’s important to still keep an eye on your finances and credit situation as you navigate the tumultuous waters of the transition from married to single. If you are older, in tremendous emotional distress, or are feeling overwhelmed, enlist the help of a trusted relative or [...]
Ten Ways to Protect Your Credit Rating While Unemployed or Temporarily Disabled
While many people assume they will never face the challenges of unemployment or a disability, the chances are you will face one of these two obstacles at some point in your life. Here are some suggestions for protecting your credit if one of these two challenges have taken you unawares. 1. Be prepared. It’s recommended [...]
