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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. HELOCs (home equity lines of credit) come with variable interest rates and fluctuating monthly payments (like credit cards). HELOC: What is it?

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Are You Heading for Financial Disaster?

Prairie Eco-Thrifter

Like I state on my About page , I was in debt and living a life that didn’t satisfy me. Statistics show that nearly one in two Americans are in serious financial problems due to their debt levels. Avoid using store cards; they usually have excessively high interest rates and this negates any savings you might make.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

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FREE Credit Score Every Month with CreditSesame.com

Nicoles Nickels

Credit Sesame is a 100% free personal finance credit and debt management tool with no credit card required or trial period. Credit Sesame makes managing personal credit online, owing less in interest and saving on mortgage, loan & credit card payments easy!

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Are You Middle Class?

Prairie Eco-Thrifter

According to the article, 54% picked “having the ability to keep up with expenses and hold a steady job while not falling behind or taking on too much debt” There’s that ‘work ethic’ – one of our ‘middle-class’ values. Maybe that is why our credit card bills are so high!

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Enter to Win $250 for Back to School + Free Credit Report

For the Mommas

Credit Sesame wants to help you ease the ‘Back to School” stress. Don’t worry about raking up those credit card bills, or putting a dent in your savings. Credit Sesame will help you manage your finances, and unlock your credit potential. The greatest perk of Credit Sesame, it’s 100% Free!

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Why I Don’t Use Cash Back Credit Cards

Prairie Eco-Thrifter

Have you ever had to listen to a dinner companion brag about the ‘free’ trip they took with their cash back reward cards, or watched as the person in front of you pondered which of the dozens of cards in their wallet they should use for this particular purchase? I don’t use cash back credit cards.