There are a lot of overrated series in this world and just this year, we were told a whole bunch of so-called “incredible” or “innovative” series and obviously we were disappointed. For the good of this top, all the criticisms that follow will be vehement, hateful, even downright bad faith. Please accept them with all…
“It’s better to file for Social Security later rather than earlier,” is common advice spread by financial advisors and laymen alike. After all, if you delay receiving benefits for as long as you can, payments can go up significantly. The advantage of delaying taking benefits will apply (and appeal) to most people. But filing earlier…
The process of budgeting for capital expenditures (capex) is essential for a business to operate and grow in a healthy and profitable way. Capital expenditures are expenses a company makes to sustain and expand its business over a period of years. A capital expense is the cost of an asset that has usefulness, helping create…
What Is a Debt Buyer? A debt buyer is a company that purchases debt from creditors at a discount. Debt buyers, such as collection agencies or a private debt collectorbuy delinquent or charged-off debt at a fraction of the debt’s face value. The debt buyer then collects on the debt either on its own or…
WOOOOOOOW are we already coming to the end of 2022? I was not ready for this hair-raising info my word. Well if you thought this year was rotten (not as rotten as 2020 but not far), we come to cheer you up with some good retrospective news on this year. And best of the best:…
What Is Deficit Net Worth? Deficit net worth is a situation in which net liabilities are higher than net assets. Also known as negative net worth, deficit net worth can occur for a variety of reasons, but typically it arises when current or future asset values erode unexpectedly. Key Takeaways Deficit net worth occurs when…
What Is a Credit Application? A credit application is a request for an extension of credit. Credit applications can be done either orally or in written form, usually through an electronic system. Whether done in person or individually, the application must legally contain all pertinent information relating to the cost of the credit for the…
Cryptocurrencies of all types make use of distributed ledger technology known as blockchain. Blockchains act as decentralized systems for recording and documenting transactions that take place involving a particular digital currency. Put simply, blockchain is a transaction ledger that maintains identical copies across each member computer within a network. The fact that the ledger is…
What Is an Adverse Credit History An adverse credit history is a track record of poor repayment history on one or more loans or credit cards. Adverse credit history will be reflected in a consumer’s credit report. It will lower their credit score and make it more difficult to get a loan or credit card…