Finance Globe

At least once a year, you should request a copy of your credit report and review it in great detail. While it’s easy to focus most your time on the public records and credit accounts sections, there’s something else that deserves your attention: the personal information section. Your goal is to review each section of your credit report, paying close attention to every detail to ensure that there are no mistakes or incomplete information. Remember this:...

Have you come to the conclusion that you’re paying too much for home insurance? Are you seeking ways to lower your premium, all without giving up too much (if anything) in terms of coverage? It goes without saying that you understand the importance of carrying a comprehensive home insurance policy. Even so, you should never get on board with the idea of overpaying for coverage. Below are five simple ways to lower your home insurance premium:...

If there is anything you don’t like about your credit card company it’s important to understand your options. For example, there may come a point when you call your company, discuss your situation, and ask if there is anything they can do for you. If you ask your credit card company for one or more of the following, don’t be surprised if they comply: •    Bonus points. This one is simple: you tell your credit card...

A savings account is more than just a place to keep your spare change or an account to hold your emergency fund. This place has to provide good protection for your money. You should put just as much consideration into choosing your savings account as you do with any other financial account. While you may be tempted to choose a savings account at your primary bank because it’s easier that way, you may be able to...

No matter where you turn to on the internet, you see articles and articles on Cryptocurrency. Even friends and family are likely pushing you to “invest” in cryptocurrency. However, given the incredibly fast rise of cryptocurrency, do many people even know what cryptocurrency really is? I decided to try to summarize what cryptocurrency is and offer you some additional high level details. What is Cryptocurrency? A cryptocurrency is a digital / virtual currency designed to work...

Your debt-to-income ratio is an important financial measure that tells the percentage of your monthly income that goes toward debt payments. In addition to your credit score, lenders use the debt-to-income ratio to approve your loan applications. Many lenders use your debt-to-income ratio to decide whether you can afford to take on mrore debt. Thankfully, unlike your credit score, you can calculate and easily manage your own debt-to-income ratio without much trouble and guesswork. Calculating Your Debt-to-Income...

If you think you’re safe from debt collector calls at work, think again. You’d be surprised at how much information a debt collector can find out about you with a few phone calls and internet searches. Debt collectors may call your job looking for you, particularly if they’re not able to get in touch with you any other way. You may be surprised to learn some of their tactics. Your original creditor. When you first applied for your...

 There are some rewards credit cards on the market right now. Most rewards credit cards are currently offering a great signup bonus if you meet a minimum spending requirement in the first few months of having your credit card. Earning credit card rewards gives you an extra benefit for spending you would have done anyway. Here are some tips for getting the most out of your credit card rewards. Pick the right rewards credit card. With...

Shopping for a home can be one of the most exciting times of your life. Unfortunately, if you receive one mortgage loan application denial after the next, this joy can soon turn to pain. With this in mind, it’s important to understand the most common reasons for a denial. This information can help you adjust your approach, thus increasing your chance of an approval in the future. Here are five common reasons for a mortgage loan...

You don’t need an excellent credit score to live a good life, but it can definitely help you feel better about your financial situation. If you’ve checked your credit score and don’t like what you see, there’s no better time than now to take action. Here are a handful of benefits that come along with boosting your score into “excellent” territory: •    Lower interest rates. Are you applying for a car loan? What about a mortgage?...