Financial Help

Taking online courses can be an exciting prospect, but determining how you’ll pay for them can be stressful. In years past, students were not able to get loans for education costs unless their schools taught at least half of their courses on a physical campus. However, that all changed in 2006 when Congress made it possible to receive federal financial aid from an accredited school even if your courses are 100 percent online. Read More

When it comes time to buy a first home, most buyers will consult a familiar lender, like their local bank, for a mortgage loan. Although that can simplify the process, it will rarely yield the best loan option. For optimal results, consumers should go “mortgage shopping” and meet with at least two lenders before making a decision. Here’s why: Read More

Aside from personal wellness goals, financial intentions are the most popular of New Year’s resolutions topics. Credit counselors recommend reviewing your credit report at least once per calendar year to ensure this all-important picture of your financial health remains accurate, and there’s no better time that the beginning of a new calendar year. However, with so much information included, knowing where to start can prove confusing for consumers. As you begin reviewing your report, the following are items you should be certain to check: Read More

According to the U.S. Federal Trade Commission, average prices for a car purchase are now topping more than $31,000 for a new model vehicle and more than $17,000 for a used model. With a majority of American consumers unable to pay cash for a vehicle purchase, most buyers must take out an auto loan to cover at least part of the purchase price. For consumers utilizing credit, there are two financing options to choose from: direct lending and dealership financing. Read More

There’s no denying that when credit cards are used irresponsibly, they can lead to financial ruin. That’s why they receive a lot of attention for the negative impact they can have on personal finances. However, not all consumers fall victim to living above their means and entering a cycle of revolving debt that can be difficult to emerge from. For those who utilize credit cards responsibly, they can be an integral tool in a consumer’s financial toolbox. Consider the following reasons every adult should consider using a credit card: Read More

A healthy credit score is integral to anyone hoping to make a big purchase, like a home or a car, but many people struggle to overcome past mistakes. Since credit scores take into account many years’ worth of finances, it can take time to make even incremental positive change. There are simple ways to get your score moving in an upward direction, though, and the following steps map out a strategy toward increasing this all-important indicator of financial health. Read More