Are you ready to go back to school? There are only a few weeks of summer left, and the back to school sales are in full swing! Back to school costs, including school supplies, clothes, shoes and electronics make up the bulk of the $669.28 the average family will spend this fall, according to the National Retail Federation. For college students, that figure ticks up to $916.48 per family and can include items such as dorm furniture, bedding, and school supplies. [Read More...]
A debt collector is someone who collects past due debt that is owed to a creditor. Debt collectors don’t always have the best reputation and if you possess debt, it can be rather easy to for your debt to fall into the hands of a debt collector. A recent report from the Urban Institute suggests that over 35%, or 77 million, Americans have debt in collection, with an average debt amount of $5,178. [Read More...]
Mobile payments are on the rise as more merchants and consumers use mobile devices to purchase goods. Google offers Mobile payment options such as Square, GoPayment, PayPal Here, Google Wallet, and PayPass create a more efficient payment process and experience for consumers. Starbucks offers a feature called Shake to Pay, so customers can have instant access to their barcode to save time standing in line. [Read More...]
Credit card purchasing has become the norm in today’s society. Credit cards can be helpful, especially when you needs to make large and necessary purchases at a time when cash is
not readily available. Unfortunately, the use of credit cards when you can’t afford the purchase can become a financial burden, especially when interest rates, late fees and overcharging are factored in and you are not able to pay what you owe. For these reasons, we’ve compiled some reasons why credit cards aren’t always the best option, as well as some smarter alternatives for purchases.