Home » Blog »
MARKET TRENDS: As Global Economy Falters, Fed Slows Plan to Hike Interest Rates
Posted on March 28, 2016

On Wednesday, the U.S. Federal Reserve halted its plans for raising interest rates due to concerns over weak inflation levels and uncertain global economic health. The world's most powerful central bank left the federal funds rate unchanged between 0.25% – 0.5%, contrary to expectations at the beginning of the year that interest rates would be[...]


And You Thought You Knew Everything About Your Credit Score!
Posted on March 21, 2016

Many people invest considerable time and energy into maintaining and improving their credit. And for good reason too. After all, it's their credit score that decides what kind of rates they'll pay on their mortgage, or how much interest their credit card company will charge if they carry a balance on a card.[...]


MARKET TRENDS: U.S. Housing Starts Climb 5.2% to Highest Level in Five Months
Posted on March 18, 2016

Home building in the U.S. rose more than expected in February, due to an increase in the construction of single-family homes. In February, housing starts climbed 5.2% month-over-month to an annualized rate of 1.18 mn, reaching their highest level since September and beating economists' expectations of 1.15 mn. February's pace marked a 30.9% increase over housing[...]


Everyone's Subscribing to Credit Monitoring Services – Here's Why
Posted on March 14, 2016

With instances of data security breaches on the rise, millions of Americans are now subscribing to credit monitoring and ID theft prevention services. This is not surprising. After all, having one's identity stolen, or even the mere thought of it, can be quite scary.[...]


When Should You Change Your Credit Card Payment Date?
Posted on March 7, 2016

You may wonder how anyone could benefit from changing a credit card billing due date. Depending on your situation, this may be worth doing. Everyone works on a different schedule. That's why many banks give you the option to pick your card[...]


Why You Should Never Go Over Your Credit Card Limit
Posted on February 22, 2016

Owning a credit card means having easy access to funds. Used responsibly, credit cards can be instrumental in making a person's life simpler. However, if used recklessly, these instruments of credit may end up doing more harm than good.[...]


A Business Credit Card Can Be a Boon for Your Business
Posted on February 18, 2016

Whether it is to pay for grocery shopping or to purchase plane tickets for a vacation, most of us have come to rely on credit cards for our day-to-day personal expenses. And for good reason too – after all, not only do credit cards offer instant access to funds, but they also negate the need[...]


Use Your Credit Card to Pay Off Your Mortgage... and Make Money While You're At It!
Posted on February 15, 2016

With credit card companies offering cash back or reward points on every dollar you spend, I'm sure you've often been tempted to spend more than what was strictly necessary. You might have also wondered if it made sense to pay for big ticket items, such as mortgages, with your credit card, just so that you [...]


Thinking of Increasing Your Credit Card Limit?
Posted on February 12, 2016

It should come as no surprise that your credit scores are connected to your credit card limits. A good credit score gets you higher card limits. However, if you are indeed eligible for a higher limit, deciding whether to exercise this option is not a straightforward decision. Let's look at the pros and cons of increasing [...]


Market Trends: New Home Sales Register Highest Level in Ten Months
Posted on February 8, 2016

In December, new single family homes registered their highest level in ten months – an indication of continued strength in the U.S. housing market. On January 27, the Commerce Department announced that new home sales rose 10.8% to a seasonally adjusted annual rate of 544,000 units. Economists had expected sales to rise to 500,000. December's [...]