It’s no secret that rates have been hovering at record lows for the past several years – even before the pandemic hit. In fact, it’s probably been close to a decade since there’s been a significant increase in loan rates. However, that trend may soon be coming to an end.
These days it’s easier than ever to make purchases. With most items only requiring a click, tap, or swipe of a credit card, you’re able to quickly purchase an item without ever thinking twice about it.
The problem lies in that most people don’t keep track of how many times they’re using their cards in a month. Then, when their statement comes, they realize just how fast all those little charges can add up. As a result, anxiety quickly sets in when trying to figure out exactly how to pay the outstanding balance.
With the holidays quickly approaching, your mind is probably focused on gift lists, decorations, travel plans, and family events. But the end of the year is also the perfect time to review your loans.
As home values steadily rise throughout the country, homeowners are in a position to reap substantial benefits. If selling your home is your goal, you will likely realize considerable gains. However, if you plan to stay in your home, you’re still able to improve your financial standing significantly.
While it may be difficult to predict exactly when you’ll encounter medical expenses, the simple fact is they are inevitable. Everyone will have to go through the stress of dealing with medical issues and the costs that come with them at some point. And, unfortunately, some of these expenses can be rather large, especially in this day and age. Because of these exorbitant costs, many people turn to their credit cards to pay for them. However, is this the best option?