Having good credit has many benefits such as lower interest rates. Credit can also be leveraged into a way to make you money.
Credit utilization is a key factor that impacts your credit score. It also influences your ability to make major purchases and manage your debt effectively. But what exactly is credit utilization? In a nutshell, it is the percentage of your…
If you can pay them off in full, credit cards can be a great tool to get sign-up bonuses and rewards to offset the cost of your purchases. When you are deciding which new credit card to add to your…
When you maximize credit card rewards and promotions, you can help offset the cost of your purchases. It’s important to remember that you can only win this game if you can pay off your purchases in full so you aren’t…
“I Thought Credit Cards Are Bad?!” Some people think so *cough-Dave Ramsey-cough*, but I sure don’t. Used correctly, credit cards can be a very valuable tool that can be used to help eliminate your debt. They can also make you…
What exactly is deferred interest? Before I get to far along with how the site deals with deferred interest, I wanted to go over what exactly deferred interest is. If you have signed up for an account with terms that…
Undebt.it has a new section as of today. It’s called “Tools” and it’s located off of the “More Info” menu. The first tool that I have put together is a online debt-to-income (DTI) ratio calculator. There are plenty of online…