Digital Money Mag

Benefits of Using Credit Cards

By Katrina Josey

While many manage to get themselves into serious financial messes by using credit cards, others still regularly benefit from their use. It is wise to learn how credit cards work in general and to become intimately familiar with the terms of individual credit accounts. Once that happens, one can successfully use credit cards in a way that is not just safe, but potentially very beneficial....

Find a Way to Clean Up Credit Scores

By Jackie Harsha

There are ways that you can clean up your credit report which will raise your score. These methods take time, but if you anticipate wanting to buy a house or car in the next 6 months to a year, it's a good idea to start working on improving your credit score now. Look over your credit report, and look for entries that may be mistakes. If there are, you can get those items deleted. By law,...

How to Find Credit Scores

By Sam Holder

Credit scores are a vital part of our lives. They determine a variety of outcomes for loans, mortgages and even employment. Securing and maintaining a high score necessitates a constant monitoring of your credit profile. To do this, you'll need to know where to find your credit score, and how looking at your own credit affects you. Understand that obtaining a credit report is free and...

What Is Considered a Good Credit Score Today?

By Cheryl Myers

A good credit score today gives you more buying power. You can enjoy low interest rates and other measurable incentives, but creditors are not the only ones who see your credit report. Some employers check an applicant's credit history when determining whether to hire. The credit report of a potential spouse is becoming increasingly important for some families. It is important to monitor your ...

Will Paying Off a Mortgage Help Boost Your Credit Score?

By Michelle Leach

Paying off your mortgage may seem like a no-brainer at first---after all, no more monkey on your back! But it's not such a straightforward decision. For starters, the credit-score boost you assume you're getting by paying off that hefty mortgage may not be such a big boost after all, if you experience a boost at all. In some cases, paying off the mortgage can actually hurt you by altering ...

Ideas to Make Money

By Jeanette Ponder

It's easy to make money, and there are many tried-and-true ways to do it. From the most logical--getting a job--to the more radical notion of passive income, earning dollars and cents can be fun and educational. Since successful people build up lifestyles that are adaptable to change, it may be a good idea to use several of these money making ideas at the same time. The first money-maker...