Avid skiers delight in telling others how exhilarating it is to glide down the slopes. In their mind, there is nothing like it and they can’t understand why some of their friends are not as excited about joining them on skiing trips. Skiing into debt is also very exciting. However, the price of escaping from […]

The stakes were set for a battle of overwhelming odds. Two armies faced each other, positioned on two separate hills. In the valley between, a fierce warrior stood alone, screaming out obscenities to the opposing army. Had he been an ordinary soldier, he might have invited some ready combat. This, however, was no ordinary soldier. […]

Manage Inquiries into Your Record The more often someone asks a credit bureau about you, which happens whenever you apply for a loan or a new car, the lower your credit score will be. Recent rules for lenders require them to count all inquiries for the same purpose during a one month period (all inquiries […]

The relative ease of obtaining credit enables consumers to get goods and services when cash is not readily available. It also allows them to buy things on sale, make purchases when prices are low, and pay for items at the same time they are using and enjoying them. Unfortunately, problems and financial risks occur because […]

Close Accounts You’re Not Using Before you apply for an important mortgage or car loan, you’ll want to close dormant accounts. Be careful, though, not to do it too quickly. If you close them all at once, your new lender might assume you’ve hit the financial skids. Close one or two a month (including department […]