Prior to the creation of credit scores, financial institutions and lenders would often develop their own creditworthiness score to assess the risk of lending to that particular person. This “score” would vary significantly from one lender to the next. The major issue with this innovative method was that it was based solely on the lender’s […]
Continue ReadingAuthor: Lauralynn
Lauralynn is the Online Marketing Specialist for AdvantageCCS. She is married and has two young daughters. She enjoys writing, reading, hiking, cooking, video games, sewing, and gardening. Lauralynn has a degree in Multimedia Technologies from Pittsburgh Technical College.
Debt Management for College Students: How To Deal With The Debt
When you are a student in college the last thing on your mind is saving money, debt management, the wise use of credit, and pretty much anything having to do with budgeting or finances. But college can actually create a financial future full of debt and doubt if you aren’t careful. You’ll receive many credit […]
Continue ReadingThe Truth About Debt And Credit Counseling
How Did I End Up Here – If you were to write a story or song about your financial status would it leave people reaching for a box of tissues? If so, you’re not alone. Many people across America have found themselves struggling with credit card debt. Part of the problem is the ease at […]
Continue ReadingTax Season Fraud and Identity Theft
Founded by the Federal Trade Commission, Tax Identity Theft Awareness Week sets aside 5 days to encourage and educate taxpayers to protect their tax and personal identification information. As reports show, there was a staggering 400% increase in tax-related phishing attacks during the 2016 filing season. Therefore, it’s important that taxpayers are aware of the […]
Continue ReadingHow To Save Money On Valentine’s Day
Hey lovebirds, are you ready for Valentine’s Day? It’s right around the corner! This special holiday is all about love and showing your significant other how much you care. Consumer spending can usually get a little out of control on this holiday. Remember, you don’t have to break the bank to make the day special. […]
Continue ReadingThe Pros and Cons of Renting Versus Buying
The never-ending debate over whether it’s best to rent or buy a property has been on-going for decades and seems to never lose any steam. Everyone has an opinion and even the experts can’t hold back their two cents, but no one can give a definitive answer as to which is best. Each option has […]
Continue ReadingThe Remarkable Benefits of Credit and Bankruptcy Counseling
You’re in debt. Like many other people, you may not be exactly sure how you got here. Maybe you are a recent college graduate with an ample amount of student loans. Or maybe you’re a single parent who has just been laid off due to the difficult economic times and is having trouble making your […]
Continue ReadingLearn How To Budget Your Expenses The Right Way
The word “budget” gets tossed around a lot, from the mom who tells her teen that a new gaming system is not “in the budget,” to the school officials who moan that “the annual budget was cut”. How to budget effectively, however, remains a mystery to many people. Their financial records are a bewildering jumble of […]
Continue ReadingDo You Need Free Consumer Credit Counseling?
If you are in debt and owe a considerable amount of money to your creditors, you may be a good candidate for free consumer credit counseling. You shouldn’t have to worry about receiving continuous calls from collection agencies or how you’re going to be able to save for your eventual retirement. Credit counseling is available […]
Continue ReadingConsumer Credit Laws And What You Need To Know About Them
There are certain laws in place specifically meant to help consumers in terms of credit, debt, and the lending industry. The Consumer Credit Protection Act (CCPA) is a consumer credit law that was enacted in 1968 to ensure that consumers in the United States would receive only fair and honest credit practices. Some examples included […]
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