Finance Globe

Opening a new credit card can affect your finances more than you initially realize. Here are five things that happen when you open a new credit card. It doesn’t mean you shouldn’t get a new credit card, but being aware of the affects can help you manage your card. An inquiry is placed on your credit report. Actually, the inquiry is placed on your credit report when you apply for the credit card, even if you’re declined...

Bills. They come each month like clockwork. And like clockwork, we’re supposed to send payment by a specific due date. Companies won’t come to your home and demand payment, but that doesn’t mean that paying late is without consequences. Here are seven reasons you should always pay on time. To avoid late fees. Most companies, and not just credit card companies, will charge a late fee when your payment isn't received by the due date. Late...

Millions of Americans are targeted by phone scams everyday. Robocallers have a variety of extremely convincing schemes they use to trick consumers out of money and personal information. Here are some tips to avoid phone scams no matter what tactics the scammers use. Be skeptical of all unsolicited calls, especially calls asking you for money for any reason or your personal information. It’s hard to know for sure that the person on the other end of...

Shopping online is more common than ever before. Not only is it convenient, but it also allows you to save money. Unfortunately, there are some downsides of shopping online, one of which is security. As an online shopper, there are several credit card security tips you must follow: 1. Only buy from sites you trust. If you have any reason to not trust an online store, stay away from it until you learn more. Sharing your...

There is nothing worse than the feeling of losing your credit card. This isn’t the end of the world, but it can definitely put you in a tricky financial position for the time being. Did somebody steal my card? Did I misplace it? Is somebody out there using my credit card without my permission? These are the types of questions that are sure to go through your mind. Fortunately, there are some simple steps you can...

You might the prepaid cards are for people with bad credit who can’t access traditional credit cards or those who can't get a checking account. However, a 2014 survey conducted by The Pew Charitable Trusts revealed that 59% of prepaid card users actually have a checking account and 66% have used a credit card within the past year. So, there are some benefits to prepaid cards, even for people who use traditional banking. Prepaid cards work almost just...

Regardless of your circumstances, buying a new car should be an enjoyable experience. When you take the right steps at the right time, you will end up with a set of wheels you will enjoy for many years to come. While some people show up at a dealer and choose the first car that catches their eye, others implement a more detail oriented approach. If you are in the market for a new car, here is...

Most of us feel like we’re paying too much fore wireless service. Even switching to a cheaper monthly plan seems to barely make a dent in the monthly wireless bill. Review your bill. Don’t just pay your bill without reading through it to see what you’re paying for. You could be unknowingly paying fees for services you’re not using. You could be signed up for a more expensive plan that you realized.  Compare your plan to...

There is no denying the fact that your home is one of the biggest investments you will ever make. For this reason, you want to ensure that it is kept safe in the event of your death. This is why so many people opt to purchase mortgage protection insurance. With this policy in place, your family is guaranteed a tax-free payout if you pass on. This money can then be used to make mortgage payments. Here...

A student credit card provides the opportunity to learn financial independence, while also taking advantage of a variety of benefits. Before you apply for one of these, before you have this discussion with your college age student, it’s important to learn more about the many advantages. Here are a few things to consider: •    Financial education early in life•    A jumpstart on building your credit•    Access to a variety of high level features•    Alerts to ensure...