Credit and Debt Archives - Page 2 of 10 - The Outlier Model

Why You Must File a Claim Against the Equifax Hack

Allen Francis / August 20th, 2019 / No Comments

Identity theft is an unspeakable scourge for many people, almost like Freddy Krueger. It’s something that we may pretend only happens to other people. Almost 17 million people were the victims of identity fraud in 2017. About $30 billion is estimated to have been stolen from unsuspecting people. Also, identity thieves don’t even need a credit card number to ruin your life. More Social Security...

Posted in: Credit and Debt, Money, Personal Finance

How Good Is Financial Advice From a 3×5 Card?

Tamila McDonald / July 26th, 2018 / No Comments

Saving money and investing for your future are a part of what we’ve all learned through the years. What’s interesting is that this seems to be a lot harder than you’d think. If you have at least $5K in a savings account, you’re probably doing better than most of your friends, but why is that? Maybe a little financial advice from a 3×5 card can help. Tamila McDonaldTamila...

Posted in: Credit and Debt, Money, Personal Finance, Saving Money Tagged with: financial advisor, investing in stocks

Is NetSpend the Perfect Bank Account Alternative for You?

Tamila McDonald / March 26th, 2018 / No Comments

A lot of people can’t open traditional banking accounts. Issues like bad credit, being listed in the Telecheck system, or problems with overdrafts can all make people ineligible. Tamila McDonaldTamila McDonald has worked as a Financial Advisor for the military for past 13 years. She has taught Personal Financial classes on every subject from credit, to life insurance, as well as all other aspects...

Posted in: Credit and Debt Tagged with: bank alternatives

Why You Should Care About Your Credit

Chonce Maddox / September 6th, 2017 / No Comments

There’s this sentiment buzzing around in the personal finance space that you shouldn’t really care about your credit if you truly want to improve your finances. Credit is an interesting concept. It’s the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. Basically, you receive a rating based on your ability...

Posted in: Credit and Debt Tagged with: credit, credit cards, credit score, importance of credit