Tag Archives: credit

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Don’t Let Your Car Note Drive You Crazy

Four ways to deal with overdue car payments or other issues when you’re struggling to pay for your vehicle

Money Coach Lynnette Khalfani-Cox gives four ways to deal with overdue car payments or other…

By Lynnette Khalfani-Cox

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How To Get the Best Credit Card Deal

Five tips to help you narrow down your search and score the best credit card deal

Lynnette Khalfani-Cox gives five tips to help you narrow down your search and score the…

By Lynnette Khalfani-Cox

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What You Should Know About Credit Card Hardship Plans

Four years of careless spending led to $8,000 in credit card debt for Wilmington, Delaware,…

By Shandra Hill Smith

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Photo by Quantrell D. Colbert

How To Get A+ Credit

Follow these tips and get the best credit score you can

When Simone Griffin was young, she would watch her grandmother pay the bills on the…

By Tamara E. Holmes

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Watch Out For Business Credit Cards

Don’t put your personal finances at risk

The Pew Charitable Trusts released a study showing that millions of individuals and small business…

By Sheiresa Ngo

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What You Need to Know about Co-signing on a Loan

When friends and family ask you to co-sign on a loan you might think you’re doing them a favor, but you’re actually entering into some risky business.

If you decide to co-sign on a loan for someone, there is a three out…

By LaToya M. Smith

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6 Common Lies Debt Collectors Will Tell You

And how to spot them a mile away...plus know the truth about your rights as a consumer

If you’ve ever had to deal with debt collectors, you know that many of them…

By Lynnette Khalfani-Cox

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New Study Shows 62 % Drop in Home Mortgage Approvals to Minorities

When the housing market collapsed, so did the number of home loans to Blacks and Latinos

Together, African-Americans and Hispanics were able to borrow 62 percent less to buy or refinance…

By Kenneth J. Cooper

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According to the 2010 Ariel Black Investor Survey, African Americans consistently saved and invested less than whites of similar incomes over the past decade. As BLACK ENTERPRISE CEO Earl "Butch" Graves, Jr. wrote in a recent Executive Memo: "Make money work for you, not against you. We must reverse this trend by taking a disciplined approach." For the February issue of BLACK ENTERPRISE magazine, I charged our Finance Editor John Simons and our Consumer Affairs Editor Sheiresa Ngo with wwweloping 10 power moves to improve our readers' finances. Follow these tips to better manage your money today an dreap huge benefits tomorrow!--Derek Dingle

10 Power Moves to Help You Better Manage Your Money

Simple steps to help you spend, save and invest smarter

According to the 2010 Ariel Black Investor Survey, African Americans consistently saved and invested less…

By Derek T. Dingle

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The Statute of Limitations on Debt

Make sure you know the rules of how to deal with long-term debt

The statute of limitations. You’ve most likely heard the term before, but you may not…

By Sheiresa Ngo

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4 Things You Might Not Know About Credit

Think you know everything about credit? You might be surprised by these overlooked options

How much do you know about credit? Below are four things you might not be…

By Sheiresa Ngo

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The holiday shopping season is over and the New Year has begun. Reaching your financial goals starts with getting a clear picture of where you are today. Guessing and estimating will not do; you need to know exactly where you stand financially, to the dollar if not to the penny, not in your head, but on paper (even better, on computer). To increase your wealth by December 31, 2011, here's what you need to do NOW. --Alfred Edmond Jr.

5 Steps to a Richer 2011

Reaching your financial goals starts with getting a clear picture of where you are. Here's what to do NOW!

The holiday shopping season is over and the New Year has begun. Reaching your financial…

By Alfred Edmond, Jr.

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How Bad Credit Can Hurt Your Career

If you think your employer doesnt care about how you handle money, think again

Here are four things to know about credit and your job

By Sheiresa Ngo

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Taking Control

Kyla Acie knows how to save, but she needs to set investment goals for retirement and her child�s education

Investing for long-term goals is important to Acie. Many African Americans, regardless of age or…

By Carolyn M. Brown

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Credit Reporting Myths and Reality

Before making a major purchase, arm yourself with the right information

Garnell Shumate wants to buy a home in 2011, so she works hard to maintain…

By Denise Campbell Laidler

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Year-End Financial Checkup

Use this guide to help you evaluate your financial health

Here are some guidelines to help you conduct your own financial checkup.

By Sheryl Nance-Nash

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Counterpoint: Making the Case Against Money Disorders

Why your poor relationship with money may be deeper than you think

The dysfunctional relationship between some people and their money is not a money disorder. Instead,…

By Renita Burns

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Money Expert Q&A: When Stores Cancel Your Line of Credit

Answers for your personal financial-related questions and concerns

I got a letter in the mail that my credit card account for an electronics…

By Sheiresa Ngo

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Love & Money: How to Merge Finances with Your Spouse

Your guide to managing matters of finance and romance

If you’re recently married, at some point you’ll be faced with a big decision: how…

By Sheiresa Ngo

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Managing Credit: Understanding Your Utilization Ratio

Your guide to understanding and managing your credit.

Creditors use a calculation called a credit utilization ratio, which makes up 30% of your…

By Sheiresa Ngo

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