Optimism has long defined the American spirit, so why do all too many of us leave out the good stuff when we’re setting financial priorities? The problem: We create an emergency fund to cover things like broken water heaters or the loss of a job, but we forget to plan ahead for life’s unexpected bonuses: a wedding in the family, or that once-in-a-lifetime deal on a tropical cruise. Read more ›
Should you worry about a ding to your credit rating if a potential employer runs a credit check on you? How can you shop around for the best mortgage rate without appearing to be going crazy for credit? Set your mind at ease by learning the differences between a hard credit check and a soft credit check and how they affect your credit report. Read more ›
While it’s true that by signing on the dotted line (or cosigning for a loan or credit card), you can help a friend or family member in financial distress, there are a lot of reasons it usually doesn’t make good financial sense to do so. It may seem like an easy way to help, but when you cosign, you’re as liable for the debt as the primary borrower is, and that means if they cannot make payments, creditors will come looking for you, instead. (In fact, those creditors might be more likely to go after you than the primary borrower, because your better credit rating is likely to suggest you’re more likely to repay.) Read more ›
Win Signed Memorabilia from Hall of Famers Jerry Rice and Emmitt Smith by Entering ‘PenFed Promise Vise Card’ Challenge at PenFedPromiseCardChallenge.com.
ALEXANDRIA, Va., February 13, 2015—Pentagon Federal Credit Union (PenFed) continues to team up with Professional Football Legends Jerry Rice, Emmitt Smith, and Joe Theismann as the PenFed PROMISE CARD CHALLENGE creates touchdowns and touch-points with football fans around the country. The Challenge provides opportunities to meet these legends, and win other football themed prizes that include signed jerseys and footballs, while also supporting Homes for Our Troops and Toys for Tots. Read more ›