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

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.

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

5 Facts About Debt In The United States

Susan Paige / May 21st, 2018 / No Comments

Image Courtesy of Pixabay Debt is an interesting concept. The concept of borrowing for now and agreeing to pay back a higher amount later due to interest and other fees is a major part of life in the United States. Here are some interesting facts with regard to debt, but first, a special thanks to DebtConsolidation for providing the data about consumer debt in the United States used in this article.

Posted in: Credit and Debt

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.

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