Can you start building credit at 16? Most of the professionals in the credit industry would say “yes, you can”. But, you must remember that it’ll require a responsible, grown-up mind to build credit at 16.
Bankruptcy is a legal process, which allows a debtor to get a fresh financial start. Well, bankruptcy can be a good option for people who are unable to manage their debts, but there are some risks involved in it.
Are you fed up with the way your financial life has shaped up even after creating a personal budget? Are you wondering what went wrong with your personal budget?
Well, it is true that people are trying to improve their lifestyle. To do so, they have to spend more. But most of them are using their credit cards to upgrade their lifestyle.
We live in a digital world. Almost everything is virtual. We can shop online, order food online, transfer money online,... just to give a few examples.
One of the most common crimes is now stealing personal information. Cyber crime is growing at an alarming rate. Hackers are stealing consumers’ financial information and grabbing their money using technology.
Credit cards - You feel powerful when you have one in your wallet as you have the buying power.
At the same time, you may have to bear certain fees, which you may not be aware of or don’t know how to avoid them.