Author Archives: Kristy Lamar

Free Budget Help: Measure and Manage Financial Goals

Posted on March 5, 2014 by Kristy Lamar

Are you having trouble setting up categories within your budget? Knowing where you money goes each month is one of the major components to learning about your spending habits. If you can’t measure your spending, how can you manage it? A trip to the coffee shop is no big deal until you see the final count of how much was spent at the coffee shop that month. When you track your spending through categories you can do just that. Find an online service or smartphone app to make this process … Continue reading →

Posted in Budgets | Tagged budget, budget help, find savings, free budget help, get out of debt help, Mint, money management |

5 Positive Uses for Credit Cards

Posted on March 4, 2014 by Kristy Lamar

Caught in credit card debt again? Ease of use and worldwide acceptance, consumers outstretch their spending power. Many of these choices are not the best decisions for personal financial situations. Overspending is never a good idea. If you have good money management and can control over shopping, you will discover that owning credit cards comes in handy. Believe it or not there are some smart uses for credit cards. Responsible spending is always the key. Credit cards will come in handy in certain situations. *Online shopping. Credit cards are a smart … Continue reading →

Posted in credit cards | Tagged credit cards, money management, payoff, promotional interest rates, savings, smart credit card uses, smart shopping |

What Does A “Charge Off” Do to My Credit?

Posted on March 4, 2014 by Kristy Lamar

If you see a “charge off” report on your credit history, your original creditor finally took your debt off of their books. What does this mean for your credit? Since the creditor reported the loss, your score will feel negative effects for the next seven years. Understand a “charge off” You had a credit card account that went unpaid. The creditor tried to collect but the debt went into default. What was once an asset to a creditor has now become a liability. Eventually, that creditor will ‘charge it off’ … Continue reading →

Posted in Personal Finance | Tagged build credit, charge off, debt management, paycheck advance loan, paycheck advances, savings account |

Don't let payday loan use trap your budget

Is Your Secret Payday Loan Use Hurting Your Finances?

Posted on March 3, 2014 by Kristy Lamar

Secrecy is one of the biggest issues behind payday loan usury problems. Whether money troubles stem from overspending or neglect, a budget that demands any type of reliance on short-term loans will create problems. When secret use is involved, it is natural to hide negative results. Unfortunately, when it comes to money, secrets compound with monetary loss. With every payday loan, there are fees, budget stresses and a debt trap ready to catch someone’s fall. Overspending. Shopaholics, emotional spenders or those trying to keep up with the Jones next door … Continue reading →

Posted in Personal Finance | Tagged budget, budget management, credit card debt, debt, debt trap, direct payday lender help, overspending, Payday Loan |

Gat a payday loan when you need fast cash

Do Cash Advance Lenders Follow The CARD Act Amendment?

Posted on March 3, 2014 by Kristy Lamar

Even though many households swim in credit card debt, unemployed spouses may once again obtain new lines of credit. In 2009, creditors lost their right to approve credit cards to stay at home spouses. The CARD Act was amended that year to block creditors from issuing cards to those with limited or no income. Third party income was no longer used to support debt. The Credit Card Accountability Responsibility and Disclosure Act (CARD Act) amendment made sense. With so much debt filling the homes of Americans, why set people up to obtain … Continue reading →

Posted in Personal Finance | Tagged CARD Act, cash advance lender, house-husband credit, house-wife credit, qualified income, spousal loans, terms and conditions |

5 Benefits to A Payday Loan Online

Posted on February 28, 2014 by Kristy Lamar

The payday loan industry is laden with negatives. Financiers shout about the high APR costs without mentioning the fact that a borrower would have to keep a loan out for a year to happen. Customers are warned about predatory practices. There is no reminder that there are honest hard working companies helping the credit challenged every day. Bad news is handed to the town crier to shout it all out throughout the land. The good news remains a secret whisper among those who find the service useful. A payday loan … Continue reading →

Posted in Payday Loan | Tagged convenient loan, emergency money, payday lender, Payday Loan, payday loan online, quick cash |

Will Credit Card BalanceTransfers Save Money In The End?

Posted on February 28, 2014 by Kristy Lamar

Balance transfers are often used as a strategy to get out of debt quicker. Move a balance from one account to another for a lower rate is a popular marketing strategy. It lures in new customers. Credit challenged households eagerly hope for an offer in their mailbox. They can’t find relief with alternative payroll or title loans but will the transfer ease money problems? Creditors mail introductory offers by the masses. The offer gives the recipient an opportunity to apply not a promise for approval. There are several introductory rates … Continue reading →

Posted in Personal Finance | Tagged alternative money, balance payoff, balance transfers, credit card offers, introductory rates, payroll loans |

Financial problems cannot rely on a fast cash advance

What Can Family Members Do to Help Financial Problems?

Posted on February 27, 2014 by Kristy Lamar

Have you bailed a family member out of financial problems again? When do you decide that enough is enough? The reasons behind the debt troubles would probably be the deciding factor for most people. If your generosity is enabling bad money behavior, it would make lots of sense to back away as their money solution. If you are helping someone who lost their job or needs more medical attention than they can afford, you are an angel in their lives. Bad money behavior does not make a person bad, but … Continue reading →

Posted in Personal Finance | Tagged budget, family help, financial problems, money help, money leaks, payroll loan |

What Is A Budget and Why Do I Need One?

Posted on February 27, 2014 by Kristy Lamar

In a nutshell, a budget is a spending plan that helps to allocate income. It will pool together all household income and prioritize each expense according to personal needs and situations. Expenses are managed by categories to control cash flow and limit error. A well-managed budget creates a plan focused on financial goals and objectives. What do you want your budget to do for you? Will a budget limit debt? Only people and circumstances can actually limit debt. A budget is going to manage it to minimize any liabilities. Long-term … Continue reading →

Posted in Budgets | Tagged budget, budget plan, budget tools, cash flow, debt management, money management, payday loans online |

How Do Poor Credit Scores Cost Households More?

Posted on February 26, 2014 by Kristy Lamar

It is ironic that the households that need to most money help are the ones who pay the most for it. Is it a flaw in the system or are these people targeted on purpose? No matter the case, the results remain the same. Households struggling with credit challenges end up paying more in the long-run despite some company’s attempts to lower their costs. Bank accounts No longer are the days when checking accounts are free. If you don’t keep a minimum balance within your account or set up direct … Continue reading →

Posted in Personal Finance | Tagged bank account fees, Direct payday advance lenders, payday advance, penalty rates |