Stephen Leifer - Wednesday, November 08, 2017
Stephen Leifer - Friday, November 03, 2017
Stephen Leifer - Wednesday, September 20, 2017
Saving money and budgeting usually go hand in hand. Both are often difficult for even the most disciplined of people. However, setting up some guidelines can help make the process easier.
Cut Your Check in Half
A good rule of thumb is to use only half of your paycheck for necessities. These essentials may vary by household, but some common items to include are:
Debt rep ..
Stephen Leifer - Wednesday, September 13, 2017
Your credit score has a dramatic impact on many aspects of your life. , Your credit scores dictate what credit you are eligible to receive and at what interest rate you will pay for that credit. Due to the importance of your credit profile and scores, it is critical to safeguard. Here are a few tips to accomplish this:
Monitor Your Credit
It is important to periodically check your credit reports. This can help you find errors and more quickly detect and solve a p ..
Stephen Leifer - Friday, August 18, 2017
Student loan debt is a challenge for many young adults. Not only can it be difficult to make payments when you are just out of college and looking for a job, it can continue to weigh on your budget even after you are earning a steady income.
Paying off your debt is the best way to prevent problems, but there are a few other things you can do to help your cause:
Do not Wait Until the Grace Period Expires
Everyone with a student loan is given a grace period after ..
Stephen Leifer - Friday, August 11, 2017
It does not matter what type of loan you are seeking, there are a few things you can do to improve your chances for approval. Your work starts before you fill out a single loan application. Here is what to do:
Review Your Credit Report
Loan candidates are judged by their credit scores. Your credit report will be reviewed by the people determining whether or not you are eligible for the loan you are seeking. Also, if you are approved, the interest rate will also be determi ..
Stephen Leifer - Wednesday, July 26, 2017
New improved standards for using public records became effective in July 2017 for credit reporting companies. The new changes will result in the increase of many individuals’ credit scores, some as much as 20 points. The major changes are based on excluding information related to tax liens and civil judgments on consumer’s credit reports. About seven percent of the American population will benefit from the changes.
Having a higher credit score can result in a number of pos ..
Stephen Leifer - Wednesday, July 19, 2017
Behavior patterns and financial decisions related to the use of your credit cards can have negative consequences to your credit status. Mistakes that may cause a significant lowering of your credit scores include:
Making Late Payments
Making late payments (30 days or more) will cause significant damage to a person’s credit. Lenders see this action as an indication of poor money management or that a person has too much credit available to them based ..
Stephen Leifer - Wednesday, June 28, 2017
Budgets are not one-size-fits-all. There are plenty of options out there and if you are able to find a system that works for you, even if you need to tweak it a bit to meet your needs, you are more likely to stick to it long-term.
Here are a few sample budgets, as well as information about who they are best suited for:
This budget allots the bulk of your earnings to your needs (50%), 30% to your wants, and 20% to paying debt and savings. This i ..
Stephen Leifer - Thursday, May 25, 2017
Buying a home is probably the largest purchase you will ever make. The best ways to ensure that you do not make a mistake that could cost you thousands or tens of thousands of dollars over the term of the loan is to shop around for the best possible mortgage for your circumstances. What should you know before hopping for your loan?
How is your credit?
Whether you get a loan or not is dependent on your personal credit situation. You must have a credit score that will as ..