Pet Financing: Compare Veterinary Loans & Payment Plans

Pet Financing

Pets can be quite expensive. For example, between food, vet bills and other miscellaneous expenses, most dog owners will spend somewhere in the neighborhood of $4,000 – $35,000 over the course of their pet’s expected lifespan – 6 to 14 years, depending on the breed – according to estimates from the American Kennel Club and the American Society for the Prevention of Cruelty to Animals. Cat owners don’t have it much better, facing expected annual costs of around $670, which would equate to roughly $10,050 over a feline’s 15-year average lifespan.

It’s therefore no surprise that the 160 million pet-owning U.S. households are projected to collectively spend $60.59 billion on pet care in 2015, after shelling out $266.5 billion in the previous five years. Furthermore, it’s obvious why a flourishing pet financing industry has cropped up to help people afford the sometimes-exorbitant costs associated with caring for our furry, feathered and scaled friends.

Small Business Grants for Women, Minorities & More

Small Business Grants

Small business grants are kind of like grants for college.  They’re out there if you can find them, offered by a variety of government and private sources, and they can be crucial to the affordability of development of growing companies.  But they’re also very difficult to qualify for, with the bulk of the available funds going to the top few percent of people with particular, in-demand skill sets.

For example, the federal government’s primary small business grant programs only approved about 17% of grant applicants in 2012.  And, dating back to 1983, only an average of 4,709 small business grants have been disbursed each year.

How Long Does It Take To Get A Credit Card

how-long-does-it-take-to-get-a-credit-card

It generally takes 7-10 business days to get a new credit card after being approved for an account. That means you’ll have plastic in your hands 14 – 24 business days after submitting an application, if everything goes smoothly. If you need a replacement card because your original plastic was lost, stolen or damaged, it will take 3 – 7 business days, depending on the issuer.

Most issuers offer free expedited shipping (often overnight) for replacement cards, and a handful extend the benefit to new cards. Others charge a fee or don’t offer expedited card delivery at all. And other than that, applying online rather than at a branch location is really the only way to speed up the time it will take to put plastic in your palm.

Celebrity Credit Cards: Inside The Wallets Of The Stars

Celebrity-credit-cards 

As the tabloids and TMZ want to display, celebrities are just like you and me.  They go shopping, they eat ice cream and they have jury duty – among many other things.  And how do they pay for it all?  Having lots of money certainly doesn’t hurt, but like the rest of us, famous people pay for their purchases with a combination of credit cards, debit cards, gift cards and cash.

Can You Buy A Money Order With A Credit Card?

can-you-buy-a-money-order-with-a-credit-card

Yes, you can buy a money order with a credit card as well as with a debit cards, check or bank transfer. But unless credit is your only option, and sending money is a necessity, it’s probably not going to be your best choice.

Credit card companies consider the purchase of a money order to be the equivalent of a cash advance, so the transaction will trigger an expensive fee as well as the immediate accrual of a high interest rate. Issuers don’t want their customers to be able to bypass cash advance fees and the revenue they provide, which one could otherwise do by sending oneself credit-funded money orders.

Small Business Funding & Borrowing Overview

business funding overview

From credit cards and loans to equity and angel investors, small business owners have a number of options to consider when it comes to company funding. But despite the overall number of viable money sources, small business owners typically have a tough time coming up with the capital they need. That’s due to a combination of the long odds facing start-ups and the cautious post-recession lending landscape.

Nevertheless, it’s important that you’re aware of all available funding options so you leave no stone unturned in your pursuit of the capital needed to grow your business. We put together this guide with that in mind, analyzing funding and borrowing options, highlighting approval criteria and offering tips for how to save money while providing your company with the liquidity it needs. So, read on to learn more.

How To Build Business Credit: Tips & FAQs

How to Build Business Credit

Don’t lose any sleep over your small business credit standing. Its importance pales in comparison to your personal credit due to a combination of murky liability rules for business-branded loans and lines of credit and the business-to-business nature of corporate commerce.

For starters, little differentiation exists between business and personal finances as far as credit bureaus are concerned. It’s a different story for large corporations, which have certain other forms of credit at their disposal, but all major credit card companies use personal credit data to make small business credit card approval decisions. They also relay monthly account information to cardholders’ personal credit reports and hold them personally liable for unpaid balances. Small business loan underwriting is based primarily on personal credit as well.

Wage Garnishment: How It Works & What To Do

Wage Garnishment

Wage garnishment is when a portion of your monthly income is confiscated in order to gradually satisfy unfulfilled financial obligations – such as unpaid credit card debt, child support payments or taxes. In cases of debt originating from credit cards or most loans, your wages cannot be garnished without a court order. But that rule doesn’t apply to the government’s pursuit of income taxes, student loan payments, child support and alimony.

We often hear stories of people being surprised by wage garnishment, and this can indeed happen for a number of reasons. The first is a process known as “sewer service,” whereby debt collectors lie about sending proper notices and consumers wind up having default judgments levied against them at court hearings they were not notified about. The second reason is the so-called “setoff” process, which enables lenders to exercise their right to collect unmade payments if you have the necessary assets, thereby removing funds from your bank account without court approval.

Business Credit Reports & Scores Explained

Business Credit Report Score

Like consumers, most businesses have their own credit reports, which are then used to calculate business credit scores. But while consumer credit data carries significant weight, directly affecting everything from the insurance premiums you pay to the cost of buying a home, business credit is neither as complete nor as heavily relied upon.

Two particular limiting factors are largely responsible for this dynamic. For starters, most lending activity takes place at the personal level. Business loans are relatively hard to come by, at least compared to consumer auto loans and mortgages, and all credit cards – even those branded for business use report account information to the primary accountholder’s personal credit reports each month.  It’s thus clear that business credit reports don’t contain much that isn’t already in your more-widely-used personal reports.

Are Diamonds A Good Investment?

Are Diamonds A Good Investment

The fact that diamond prices have risen 67% since 1978 might lead some to assume they’re a good investment.  However, this 3,000-foot view of the market masks its true nature. Not only are prices extremely volatile – shooting up 249% from 1978 to 1980 before falling 77% by early 1986 – but the value of diamonds has also long been propped up by a number of artificial sources.

When you further consider that the S&P 500 has increased 2,080% since 1978, it becomes clear that diamonds are not investable under most traditional definitions, which typically necessitate safety of principal and a competitive return. That’s not to say diamonds aren’t valuable or important – especially as emergency currency and a means of abiding by societal conventions. They simply should not be purchased as an investment with the idea of retained value.

Blood Diamonds: What They Are & How To Avoid Them

Diamond

“Blood diamond” is one of the phrases used to describe gemstones that were sold to pay for civil wars in places like the Republic of the Congo, the Ivory Coast and Liberia.

Sold both directly by the warring factions themselves or through a series of shell companies, blood diamonds, also known as “conflict” or “war” diamonds, are believed to have once constituted up to 20% of the diamond market. As such, those in control of these blood diamonds are robbing the indigenous populations of some of the poorest countries in the world of up to about $8 billion-worth of natural resources each year. Historians also attribute more than 3 million deaths since the late 1990’s to diamond conflict.

How Many Credit Cards Should You Have? What’s Too Many?

How Many Credit Cards Should I Have

There’s no golden rule for either the number of credit cards that you should ideally have or how many credit cards is actually too many. The average credit card user had 3.7 cards in 2014, according to Gallup, and CardHub’s editors believe that around four cards is indeed the number that provides the most benefit without making life overly-complex.

But it all ultimately depends on your comfort level, credit standing and organizational skills. The more cards you have, the more magnified your financial management flaws will become. Below, we’ll break down the pros and cons of having numerous active credit card accounts as well as how to choose your own ideal number of cards. We considered store credit cards and general-purpose credit cards to be equivalent for this purpose, as the same decision process will dictate whether or not you should open a new account.

Why Are Diamonds So Expensive? Digging Up Answers

Why Are Diamonds So Expensive

We all know that diamonds are quite expensive, even to the extent that the word is used to connote wealth and exclusivity. And at roughly $7,200 for a one-carat stone, according to the Rapaport Diamond Index, it’s no wonder why.  But despite comprising roughly 90% of the precious gemstone market, diamonds are actually far more abundant than emeralds, rubies and sapphires – which will run you about $30 – $2,000 per carat. So, why are diamonds so expensive?

An extremely successful marketing campaign and the De Beers company’s decades-long,cartel-like control over supply provide the bulk of the answer. We’ll explain the underlying economics of the diamond market in greater detail below, in addition to analyzing historical price trends, exploring the most expensive types of diamonds and offering money-saving tips for diamond buyers.

Engagement Ring Financing: Cost Comparison & Tips

Engagement Ring Financing

When you consider the fact that the average engagement ring costs $4,000 and the average household already owes more than $7,000 to credit card companies, it’s clear why many proposers opt to finance this significant expense.

Numerous financing options do indeed exist for engagement ring shoppers – from jewelry store credit plans to 0% credit cards and other loans. And this guide will help you thoroughly evaluate these various means in order to help you arrive at the most affordable end possible. We’ll compare the financing costs of credit cards for people with varying levels of credit to the financing plans available directly from the country’s largest jewelry store chains. We’ll also explore financing alternatives, offer money-saving ring-buying tips and consult a panel of leading wedding and personal finance experts about whether a wedding ring is worth debt.

How To Read A Credit Report

How To Read A Credit Report

Credit reports contain records about our history of borrowing and repaying loans and lines of credit. And while these ultra-important documents are freely accessible to consumers at least once per year, they can be bewildering to those who have never reviewed one before.

With that in mind, we’ve gone inside a major credit report – translating each line into plain English and showing you what to focus on – in order to help you better understand and manage your financial information.

How Much Should You Spend On An Engagement Ring?

How Much to Spend on Engagement Ring

The age-old rule of thumb – established by the jewelry industry – is that you should spend roughly three months’ gross pay on an engagement ring. But statistics show that the average person actually shells out roughly one-and-a-half month’s salary. The average engagement ring costs around $4,000, while the average male age 25-34 – the predominant proposers – pulls in about $8,500 over three months, according to Census data.

Ignore the statistics, though. While most people are under the impression that there is a specific dollar amount or percentage of their income that must be spent on a ring, what actually matters is how much you can comfortably afford based on your current financial situation. Below, we’ll help you make that determination by explaining the most important questions to ask yourself before buying a ring as well as by laying out alternative payment options and providing money-saving money tips.

When Were Credit Cards Invented? A Complete History

History of Credit Cards

The birthdate of the credit card ultimately depends upon your definition of the product. American merchants in the 1800’s extended credit to trusted customers, enabling them to pay at a later date – often timed with things like crop yields. Coins and markers were even used in the process, typically noting the consumer’s account number and the merchant’s name.

Then, in the early 1900’s, a handful of U.S. department stores and oil companies began issuing their own credit cards – the forbearers to modern store cards – that were only useable at the particular business that issued them.

Budgeting Tips: 10 Budget Commandments & Other Pointers

Budgeting Tips

Budgeting is a complicated, often frustrating process. But it’s also an area to which a great deal of attention, including in-depth academic research, has been paid. Thus, there are myriad helpful insights to be gleaned from the experiences and study of others, and below we have amassed a collection of the best tips and strategies we could find.

Listed below you will find CardHub’s 10 Commandments of Better Budgeting as well as more specialized tips for families, students, project budgeters, vacationers and wedding planners.

2015’s Best Prepaid Travel Cards: Features, Fees & Tips Choosing

Prepaid Travel Card

Travelers have many options for what to carry in their wallets when traveling in other countries. CardHub recommends no foreign fee credit cards and no foreign fee debit cards for, as they combine the best available exchange rates with the lowest fees.

But if those aren’t available to you, you can get a prepaid card designed specifically for people traveling abroad. Functionally similar to other prepaid cards, like Green Dot or Bluebird, prepaid travel cards can be used to make purchases or withdrawals anywhere the accompanying card network is accepted. You can also use them to make travel reservations, pay bills online and receive direct deposits.

Obama’s Credit Card: Learning From Presidential Plastic

Obamacard

Sure, he’s the president of the United States. But he’s also a human being and, ultimately, a consumer. He pays his bills each month and his taxes each year. He watches TV, he’s a big sports fan and he always stays stylish.

President Obama, like roughly 160 million other Americans, also has a credit card. That’s right, the president is packing plastic – the JP Morgan Select Card, to be specific.

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Our content is intended for general educational purposes and should not be relied upon as the sole basis for managing your finances. Furthermore, the materials on this website do not constitute legal advice and should not be relied upon as such. If you have any legal questions, please consult an attorney. Please let us know if you have any questions or suggestions.