The articles below provide information on managing personal finances that you may find helpful. The authors are not employed by Courtesy Finance and do not necessarily reflect the opinion of Courtesy Finance.
"FTC Facts: Knee Deep In Debt?"
If you or someone you know is in financial hot water, consider these options: realistic budgeting, credit counseling from a reputable organization, debt consolidation, or bankruptcy. Debt settlement is yet another option. How do you know which will work best for you? It depends on your level of debt, your level of discipline, and your prospects for the future1. Read more.
"AICPA: Establishing a Budget"
Do you ever wonder where your money goes each month? Does it seem like you're never able to get ahead? If so, you may want to establish a budget to help you keep track of how you spend your money and help you reach your financial goals2. Read more.
"FTC: Building a Better Credit Report"
If you've ever applied for a credit card, a personal loan, or insurance, there's a file about you. This file is known as your credit report. It is chock full of information on where you live, how you pay your bills, and whether you've been sued or arrested, or have filed for bankruptcy3. Read more.
"FTC Alert: Ads Promising Debt Relief May Be Offering Bankruptcy"
Are you beind on your payments? Do you feel overwhelmed by debt? In your efforts to solve your credit problems, be on the alert for advertisements that offer seemingly quick fixes4. Read more.
"FTC Alert: Payday Loans Equal Very Costly Cash: Consumers Urged to Consider the Alternatives"
"I just need enough cash to tide me over until payday." "GET CASH UNTIL PAYDAY!...$100 OR MORE...FAST." The ads are on the radio, television, the Internet, even the mail. They refer to payday loans, cash advance loans, check advance loans, post-dated check loans, or deferred deposit loans. The Federal Trade Commission says that regardless of their names, these small, short-term, high-rate loans by check cashers, finance companies and other all come at a very high price5. Read more.
1. Federal Trade Commission. "Knee Deep In Debt?" (2011). Retrieved February 12, 2012 from http://www.ftc.gov.
2. 360 degrees of Financial Literacy. "Establishing a Budget" (2011). Retrieved February 12, 2012 from http://www.360financialliteracy.org.
3. Federal Trade Commission, Consumer Alerts. "Building a Better Credit Report (August 2011). Retrieved February 12, 2012.
4. Federal Trade Commission, Consumer Alerts. "Ads Promising Debt Relief May Be Offering Bankruptcy (May 2008). Retrieved February 21, 2012 from http://www.ftc.gov
5. Federal Trade Commission, Consumer Alerts. "Payday Loans Equal Very Costly Cash" (March 2008). Retrieved February 21, 2012 from http://www.ftc.gov.