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A low credit score can, unfortunately, mean that you have fewer options to consider when it comes to borrowing money. However, it does not have to stop you from getting credit altogether. When it comes to applying for loans, credit cards or other types of finance, your poor credit rating doesn’t have to stand in your way. You will still be able to apply for finance by opting for a bad credit option – these tend to be loans and/or credit cards designed specifically for those with a poor credit history. Bear in mind that there will...

How are your savings shaping up? Would they be able to handle an unexpected trip to the emergency room or the cost of a tow truck after your car breaks down without warning? If you’re like 27 percent of Americans, you would be at a loss for how you pay for these items. So what are you supposed to when you have no cash to cover a pressing bill? From a line of credit to negotiating your bills, here are some possible solutions when you need to borrow money. Get a Personal Line of Credit A personal line of credit is a flexible...

What’s in your auto insurance policy, really? If you’re not sure how to answer this question, don’t feel too bad. Most drivers aren’t very familiar with the details of their auto policies. They know they’re covered when they need to make a claim, and that’s enough for them. If you have a low-cost, high-quality policy from driver-friendly providers like this top-rated insurer, you’re probably coming out ahead already. But you may have more cost-cutting options in your toolkit. The first step you need to take...

Car insurance, life insurance policies, healthcare coverage, and other insurance products cost consumers varying (though usually high) amounts of money. Even if two very similar people request a quote for identical insurance products, they could still end up paying wildly varying amounts. So, just how closely is insurance fraud related to the amount of money you pay for insurance? There are a couple of different elements to the answer to this question. How Insurance Companies Are Getting Better at Sniffing Out Fraud While you...

Industries are constantly trying to keep up with the fast-paced landscape in which they operate, be it technological changes, customer demands or simply just making things easier for their consumers. But it is the speed at which the technological advancements have reached that has forced traditionally slow-moving financial institutions to heavily invest to remain relevant to their consumers and remain competitive in the marketplace. Personal Banking is one of the oldest businesses in the world, going back centuries ago, in...

E-commerce is changing the way we shop. We can now compare similar products, check stock availability and choose the lowest price without leaving the armchair. With a few clicks from our tablets, smartphones, or computers, therefore, we can have quality goods and services delivered straight to our doors or downloaded instantly. And who doesn’t love that? In major consumer markets like India, e-commerce is fast becoming the preferred way of shopping. The convenience of e-commerce is highlighted by the wide variety of things that...

A savings plan is an excellent way to help you save for a goal or learn to be more disciplined with your money. It must not be difficult or complicated to have a savings plan.Most online savings accounts offer this service for free because it costs nothing to click on some buttons on their website. Many financial institutions offer incentives to help the savings plan work harder for you, such as the bonus interest for not making withdrawals. Be sure to choose the right amount of money to save on a regular basis when setting up a savings...

Stressing over money can be unhealthy, especially when you have an emergency. While considering a quick loan, sometimes you also think of smart ways to save big dollars as well. For many people they understand why it is essential to pay up their loans while saving in the process; it’s just a matter of proper planning. If you want to be a millionaire so bad or stop spending your salary before you have it, there are some surprisingly easy ways to save a little money. Several simple methods are explained below on how to go about it. Before...

The electricity bill is due, the car needs major repairs, your child has grown out of their school shoes and at the worst possible time, your fridge breaks down. If you are a low-income earner or have stretched yourself thin with financial commitments like a new mortgage, unexpected expenses can cause significant challenges to the weekly budget. What do you do next? Making the right decision can shape your financial future over the next few years, so it is vital to make wise choices for you and your family. Avoid Bad Debt Not all debt...

“Do I pay with cash or credit card?” That’s a question we’ve all asked at some point, save for those who don’t have a credit card in the first place. Which begs the question, when is it more fitting to use either of the two modes of payment? There could be any number of scenarios depending on the nature of your transactions and individual personal preferences. We’ve done the homework and singled out some three scenarios for this writeup. Read along to find out when it’s more fitting to use digital credit for purchases instead...