Are you ready to be debt free? Bankruptcy can relieve you of your financial burdens. Creditors will stop at nothing to reclaim the money they leant you, or your ‘debt’. Aggressive phone calls and emails, attempting to repossess your collateral, the threat of foreclosure and more can be halted by filing a case.
Once filed, a ‘discharge’ or ‘automatic stay’ will legally prohibit creditors from taking any action against you. This gives you a chance to breathe, refocus and take the first step toward a debt-free life.
In a world where medical, home and personal expenses are unpredictable, it’s no surprise that almost 1 million Americans and American businesses filed for bankruptcy in recent years.
You’re not alone, and we’re here to help. Why not see [...]
It seems like everyone has a college degree today’s day and age. While that may seem to be true, only about 22% of people have actually finished their degree. Are you among the 78% who either have never attended college or never finished? There are plenty of reasons to remain in your current situation; it’s time-consuming, it’s expensive, it’s just a piece of paper, but those reasons pale in comparison to the benefits and opportunities that a college degree can bring to you and your family
More Money. People with college degrees earn nearly $1,000,000 more in their lifetime than those without them. Individuals with a bachelor’s degree earn on average $50,000 a year – plus benefits! Compare that to your earnings last year; if it’s not even close you should seriously consider obtaining your [...]
Did you know that unemployment rates are the lowest they have been in over 50 years, but there is a record 6.6 million open jobs? You may be asking yourself – what does that mean for me? It can mean the difference between thousands of dollars in salary and benefits! A hot job market gives employees the upper hand to negotiate more pay and better benefits. When there are more job openings than available talent, employers fight hard to attract or retain great employees.
You may be working in a great position now but the best time to find a new opportunity isn’t when you’re unemployed – it’s when you’re currently working! Worried you’re going to be the only one moving around? False. The average tenure is now only four years – with younger workers [...]
The infamous credit score, we meet again. It always seems like you cannot make any ‘adult’ decisions without proudly displaying a seemingly arbitrary number that is used to judge you. Feeling defeated is common when it comes to figuring out and improving your credit score, but it doesn’t have to be that way. There are plenty of resources available to help you understand your credit score, like us right here at FinaceEvolve, as well as plenty of resources available to help you improve your score.
First and foremost – do you fully understand your credit score and know what the number is? Utilizing a completely free service like Credit Sesame is a great tool you can use to check your credit score every month absolutely free. Especially if you are trying to improve your score, it’s [...]
Payday loans versus personal loans; while they are kind of sound the same they are actually quite different. If you’re considering one or the other keep reading as we are going to break down all the “need to know” details like advantages and disadvantages of each as well as how they can affect your credit score.
This is one situation where it’s pretty much exactly what it sounds like. A payday loan is typically due on or around your next paycheck. It’s an extremely short-term, high-interest loan specifically for small amounts as state regulations generally cap out at $1,000 but can vary by state. Payday loans can be advantageous for emergency items like an unexpected car repair. They are also a good fit for those with poor credit [...]
Are you ready to escape the lease cycle and take the plunge into auto ownership? Congratulations, you’ve made an important financial decision that can benefit you for years to come! Now whether it’s your very first car, or your fifth, there are quite a few things to tackle before you drive off into the sunset.
First and foremost, it’s a great idea to checkout your credit score to see what lenders will see. Using programs like Credit Sesame will help give you an idea of your credit worthiness and how likely it is to get approved. Not only does Credit Sesame provide you with a free monthly credit score but they also provide personalized saving advice for things like your new car, next vacation or even your own home all without a credit card! Next you’ll want to [...]
Every car buyer faces this conundrum, and while we’d love to say there’s an answer as to which is better we can’t. It depends on a variety of factors including your wants, needs, budget and how much risk you’re willing to take. Hopefully we are able to provide you a little clarity and help you get ready for the exciting part of the car buying journey – test drives!
Why Buy A New Car?
First, have you smelled a new car? That alone will drive some people to only look at new cars – just something about that smell. Realistically there are plenty of benefits to buying a brand new car, and technology is a big one. In our ever changing world, even a car one year older can have drastically different technology than the current year. If [...]
Using Your Rent Payments To Boost Your Credit Score
Even though more Americans own than rent, paying rent is a monthly action performed by more than 100 million Americans every year. These monthly payments must affect your credit score, right? Surprisingly, the answer is far more nuanced than it would seem.
Credit bureaus didn’t include rent as a positive influence in your score until 2011, and the trend is only gathering steam in the recent past. The fact that it’s gaining popularity is incredible news, especially for people who want to boost their score, fast.
Tools like Rent Reporters have been created to help you rebuild your credit; opening you up to the possibilities of becoming a homeowner, achieving lower interest rates and gaining approval for loans, to name a few. Moreover, this tool can boost your score by an average of [...]
You’ve finally made the decision to buy a new car. Congratulations!So why aren’t you more excited?
If the thought of buying a new car makes you feel slightly nauseous and dead inside, you are not alone. Most people view the car-buying process as just something to get through, rather than a joyous occasion. Whether it’s the haggling, or the hidden fees, or the hours of your life you’ll never get back, buying a car can leave you stressed out, overwhelmed and feeling like you’ve just been had but you’re not sure how. But it doesn’t have to be that way.
Here are several time and money-saving ideas to help you get the best discount possible on your next new car:
Know the type of vehicle you want before you arrive at the [...]
Most of us use credit cards on a daily basis. We understand how they work and do our best to pay the bills on time, but, what most of us don’t truly understand are credit scores.
So, what exactly is a credit score and why is it important? According to data from the Boston Federal Reserve, 3 out of every 4 Americans, or 189 million people, use a credit card. With all of this buying power, unfortunately we’re not equipped with the necessary knowledge to maintain good credit scores.
While many Americans do understand the basics of credit scores, we miss the mark on understanding the nuances that cost us money and affect our credit. For example, did you know that there’s more than one credit score used by lenders to evaluate your overall [...]