By definition a credit bureau is an agency which collects and sells information about the creditworthiness of other people and businesses.  It collects information about your credit history including how much credit you have available to you, what your balance is and your payment history. 

We see banks on every corner. On the other hand, credit unions are thought of as savings and loan institutions that are not as prestigious as banks. However, in reality they are the best kept secret in the world of financial institutions. But don’t let me influence you. Here are some [...]

Many people are struggling with bad credit.  Unfortunately it doesn’t take much to derail your credit.  A few missed or late payments on any credit card or loan can send creditors knocking on your door and a world of stress into your life.  If you are in this situation, here’s how to get your credit [...]

Most people don’t fall into a pile of debt overnight. It takes time to rack up credit card bills and get behind in house payments. The key is managing your spending habits before things get out of control in the first place.

Everyone wants to save money, but few want to spend weeks eating nothing but beans and rice. You can cut your grocery bill without cutting your variety. One of the quickest way to cut your spending is by cutting out the meat. It’s amazing how many meat free meals you can find [...]

No one likes budgets.  They’d rather have a root canal.  But a budget does help us to spend less and save more.  One way to customize your budget to fit your needs it to create categories for the different expenses that you have.

There is a difference between an employee and an independent contractor when it comes to classifying the two for tax purposes. Misjudging the distinction could cost the company money in fees and penalties. Below is a description of both so that an employer can avoid trouble due to mistakes.

Is the financial situation in your life such that you need to file for bankruptcy? If so, there are two types of bankruptcy that apply to the individual: Chapter 7 and Chapter 13. They differ in many ways. Learn the details of both before choosing which type of bankruptcy to file [...]

Creating a business budget is very similar to creating a personal budget.  However there are some differences.  When you own a business, taxes are not directly taken out of your income, which makes your income and any quarterly tax payments extra important to track.  Having an accurate and realistic budget will help you make accurate [...]

The earned income credit, or EIC, is a tax credit aimed at helping the poor and low income families to increase their standard of living. The credit can return a tax refund of as little as $400 or as much as $4,500. Read on further to find out if you can qualify for [...]