Unfortunately, the word “scam” has become too common in today’s world. A scam is an act by a dishonest person or organization to trick someone out of something, usually money. Search common scams and you’ll get pages of results. I found one site that listed 21. However, there are two…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…

Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report on Household Debt and Credit, slated for release on Tuesday morning, is expected to show that credit…

Household debt levels in the U.S. increased in the first quarter of 2024, which created new challenges for already stressed credit card borrowers, according to a new report from the Federal Reserve Bank of New York released Tuesday. The report found that overall debt levels rose by $184 billion, or…

Many well-meaning people take the benefits of a Roth IRA for granted. With the tax benefits of a Roth IRA, modest contributions over long periods can translate into a substantial amount of tax-free income throughout your entire retirement. Those with the highest incomes may dream of the potential for a…

Mortgage rates climbed again this week, exacerbating the home affordability crisis that is stifling the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 7.17% this week from 7.1% last week. The average rate on a…

Americans racked up more debt at the beginning of 2024 – and a growing number of households fell behind on payments for several types of loans, according to a New York Federal Reserve report published Tuesday. In the first three months of 2024, total household debt surged to a fresh…

At first glance, those of us who have been steadily socking away funds and dreaming of retirement in our fifties or sixties don’t hold much in common with those who plan for a FIRE retirement. Unfamiliar with FIRE? The Financial Independence/Retire Early movement has gained traction in recent years as…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…