Credit cards for people with bad credit, generally falling in the 300 to 669 range, help rebuild credit.These types of cards typically have no annual fee or a very small annual fee.Some can even get you 1% cashback on purchases.Finding the right card is the best way to repair bad credit.Read the blog here: Credit Cards for People with Bad Credit
Credit card interest rates are much higher than other types of debt, such as mortgages.The average credit card interest rate is around 16%, with the average interest rate for a borrower with bad credit an even higher 23.5%.1 If you qualify, getting a low-interest credit card can help you save money since paying less in interest means you’ll be able to pay back your balance quicker.We’ll go over the basics of credit card interest rates and tips for finding one with low interest.Read the blog here: How to Get a Low-Interest Rate Credit Card?
2020 was a hot mess in every conceivable way, finances included.And yet, hope springs eternal.Our new year financial resolutions survey shows that cash concerns and unexpected expenses still weigh heavily on millennials’ minds.However, many are optimistic about the year to come.Read the blog here: Millennials Share Their Financial Resolutions of 2021
Credit card bills allow you to decide how much to pay each month.While this offers you the freedom of being able to pay more or less depending on your financial situation, it’s important to understand your different options.Read the blog here: https://www.credello.com/credit-cards/credit-card-payment/
Taking out a personal loan can be necessary for many reasons, such as taking out a mortgage or financing student loans.But first, it’s important to know the differences between secured and unsecured personal loans.We’ll go deeper into each below, and explore their benefits and disadvantages.Read the blog here: https://www.credello.com/personal-loans/secured-vs-unsecured-personal-loans/
A personal loan for debt consolidation is just one of several strategies for getting out of debt.With a debt consolidation loan, you get a single loan from a lender and use that to pay off your remaining debts.Read the blog here:https://www.credello.com/debt/personal-loans-for-debt-consolidation/
A bad credit score doesn’t mean you can’t secure a personal loan.Here are tips to navigate getting a personal loan, regardless of your credit score.Read the full blog for the Important steps to follow.Read the blog here: https://www.credello.com/personal-loans/personal-loans-for-bad-credit/
No matter your income, paying off debt requires work.
And yes, getting debt-free on a budget may mean more planning, but it’s not impossible.
By setting goals and sticking with them, you can pay down loans sooner than you think.
Read the blog here: https://www.credello.com/debt/pay-off-debt-fast-with-low-income/
Carrying a large amount of debt is stressful.
Not only is it bad for your credit score, but it can also keep you from accessing the credit you need in an emergency or to purchase a home.
See how our seven easy steps can help you pay down your debt quickly.
Read the blog here: How to Pay Off Debt Fast?
In 2018, American household debt reached a record $13.21 trillion.¹ Americans under the age of 35 owe about $67,400 on average², with credit cards and student loans making up more than 40% of their debt.³ Here are several ways to get out of debt more quickly and help avoid getting into debt in the future.
The debt snowball method can keep you motivated to pay off your balances and become debt-free.
This article will go over details of the snowball method, and how you can use it to start paying off debt today:
Infographics - Evaluating Red vs. Blue states with the highest and lowest average credit card debt and credit scores from the 2019 Experian Consumer Credit Review.
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