Credit Scores Fall Dramatically Across the Nation

With our national economy in the worst shape it’s been in since the Great Depression it will come as a surprise to no one that consumer credit scores have then hit hard nationwide. According to the credit bureau TransUnion, credit scores have fallen 6 points on average nationwide to 651 since the beginning of the [...]

A Summarization of the Advantages and Disadvantages of Using Credit Cards

Sometimes it’s important to look at the things that we may take for granted but are nevertheless very important. Credit cards are a financial instrument that play a major role in the lives of millions of American consumers and businesses. It is important to understand the advantages and disadvantages that using credit cards. Advantages of [...]

What You Must Know About Prepaid And Secured Credit Cards

With more and more banks and credit card issuers restricting the flow of credit, consumers are finding it increasingly difficult to get approved for credit cards. This coupled along with the fact that the recession is now making it necessary to be less reliant on credit has sparked a rise in popularity of prepaid and [...]