4 Handy Tips For Building And Improving Your Credit Score

Build and Improve Credit Score

When applying for loans or credit cards, lenders will look into your credit score to determine your creditworthiness. This information will help the lender decide whether you are a responsible borrower or not. There are several institutions that can track and report your credit score. However, FICO is the most common type of credit score…

3 Types Of Mortgages Explained

Owning a home remains the American dream that people feel most accomplished about when they achieve it. However, as the cost of living continually rises, the price of achieving this dream grows as well. Thankfully, home loans, or mortgages, are a great solution for this issue.  As a first time buyer, all the terms within…

Reasons Why You Should Have Multiple Bank Accounts

Have Multiple Bank Accounts

In saving for your future (a.k.a. retirement), planning ahead and diligently saving as much money as you can help. However, the amount of savings greatly depends on your financial habits and how you manage your paycheck. Financial experts recommend opening multiple bank accounts so you can separate your money for different uses. In the United…

Here’s How You Can Maximize Your 13th-Month Pay

As the holidays come nearer with each passing day, there is no doubt that you have one thing on your mind: how to spend your 13th-month pay. Most companies provide this benefit to employees depending on their respective contracts. With this holiday bonus mandated by law in the Philippines and select countries in Asia, Latin…

4 Important Reasons to Get a Credit Card

Gone are the days when people strictly paid in cash. While cash remains important in many places and sectors, consumers turn to credit cards nowadays. They are likely to make transactions using digital and online means. This encompasses credit cards, which have many qualities validating their use. However, many people are thinking twice with regards…

Understanding the Different Types of Mortgages

A mortgage is defined as a legal document by which a building society or bank lends money to a borrower at interest. In exchange, the lending party takes the title of the debtor’s property and can only be returned upon full payment of the debt. In other words, a mortgage is a loan given to…