Why A Mortgage Is Worth The Hassle

Why a Mortgage Is Worth the Hassle

Getting a mortgage is not an easy process. It is often a challenge to maintain the mortgage until your home is paid off. However, the fact remains that buying a home is still the American Dream, and for good reason. Carrying a mortgage is well worth the hassle that comes with it. The Frustrations of […]

Dividing American Wealth

Dividing American Wealth

Financial inequality is only growing in the United States. White Americans averaged a total of $134,200 in wealth for 2013 while African American families had only $11,000, with Hispanic American families showing $13,700 in wealth (CNN, 2016). This discrepancy is only growing. In 1995, white families had six times as much wealth as Hispanics, but […]

What Is a Student Credit Card?

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As a brand new college freshman when you first set foot on campus you will be bombarded with credit card offers. You will find booths outside the student union ready to sign you up, offers for low or no interest cards in your school mailbox, and flyers advertising credit card perks tucked into your school […]

Avoiding Credit Card Debt

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Credit cards have many advantages. They help establish credit so buying a car or home can be possible, they are useful in the case of an emergency, and they often have perks such as cash back or travel rewards. However, staying out of credit card debt can be tricky. It can be easy to lose […]

The Guide to Building Credit

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Everyone starts out in the same place when it comes to credit. Until someone opens his/her first account, he/she has no credit history. Unfortunately, no one seems to want to be the business that offers the first credit account, so it is often difficult for people to gain access to the benefits of having a […]

Is Race a Factor in Credit? Part I

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Depending on who you ask, your economic mobility can depend on either your income or on your credit score. This simply means that people who appear to be spending money may either actually have money to spend or may be using credit to make purchases. Either way, maintaining a good credit score is crucial to […]