The Federal Fair Debt Collection Practices Act: What You Should Know!

There’s a deep emotional and psychological toll that dealing with constant calls, letters, and emails from debt collectors can take. Studies have found that most people are simply too frightened to answer these calls or even read collection letters. The reason for this is obvious: A large number of creditors tend to use scare tactics… Continue reading The Federal Fair Debt Collection Practices Act: What You Should Know!

Would You Dump Your Boyfriend/Girlfriend For Having Bad Credit?

“Money problems” is a top ten reason why people get divorced in the U.S. This is why just about everyone recommends that prior to getting hitched, you have the “money talk” with your partner. When is the best time to start talking money with the person you are dating? Obviously not on the first date.… Continue reading Would You Dump Your Boyfriend/Girlfriend For Having Bad Credit?

Demand for Liquor & Procedure for Obtaining Business Loans for Liquor Stores

Liquor retailing is a business that has a steady demand throughout the year. If your store is in a good location, you will have a constant stream of customers. You are sure to do brisk business if you stock a wide range of products and build a reputation in the area where you operate. Unless… Continue reading Demand for Liquor & Procedure for Obtaining Business Loans for Liquor Stores

Poor Credit Vs Good Credit – “Cost of Points”

Poor Credit: Poor credit describes an individual’s record as a consumer when it specifies that the borrower has a great credit risk. A poor financial assessment indicates bad credit, while a high FICO (Fair Isaac Corporation) score is an indicator of positive points. Creditors who lend money to a person with terrible credit face a… Continue reading Poor Credit Vs Good Credit – “Cost of Points”

Financial Understanding

Recently my family and I dug out a game we love to play called Cashflow 101. If you’ve heard of Robert Kiyosaki, the author of the Rich Dad Poor Dad series, you’ve likely seen or heard of this game. Cashflow 101 (yes there’s a Cashflow 202 expansion) is a board game that is fun to… Continue reading Financial Understanding

Getting a Business Loan: A Quick Overview on How to Prepare for the Application Process

It’s no secret that loans for businesses aren’t easy to get – especially for smaller ones with either no credit or poor credit. There are a variety of options available, however, and once you decide which solution is right for you, you can begin preparing. Getting a business loan can help your company grow, expand,… Continue reading Getting a Business Loan: A Quick Overview on How to Prepare for the Application Process