Credit

Recently, a good friend asked me for some advice on how to handle an unexpected and expensive car repair. She had enough cash savings to pay for the repair. However, it would pretty much wipe out her recently created emergency fund. My friend was asking if it made sense to put it on her credit […]

When you think about a lease, it usually involves a vehicle. When buying a big ticket item like a car, most of us have to decide whether to buy the car outright (with financing) or pay to lease the vehicle. A lease typically runs for a set period of time (typically two, three, or five […]

In the wake of a global economic shutdown, many of you probably faced financial difficulties. In an attempt to weather the storm, many creditors offered some sort of relief. If you pay a mortgage or a car payment, you may have been offered a deferral plan. (Or had the option to request one). In short, […]

There are a bunch of key words to watch for when you take out any new kind of loan or credit. You probably know the obvious ones. Be aware of phrases like interest rate, APR, minimum payments, default penalties, loan term, and so on. However, you should also scan the fine print for one particular […]