Kevin Johnston

When you’re struggling to repay a personal loan, it can be tempting to ignore it. Don’t. Walking away from debt is never a good idea. If you fail to repay a personal loan, you may incur fees and penalties, damage your credit, have your account sent…

Whether you’re looking to make money or save money, Neighbor.com can help you out. This storage service helps people rent out their extra space and provides inexpensive storage for those looking for places to keep items they aren’t using. Neighbor…

Trim is a bill negotiation service that can help you save money on recurring fees and subscriptions, as well as cable, internet, and phone bills. Trim offers other features but saving money on bills is the primary attraction. Trim Given the low risk…

Business loans and personal loans are different types of credit, but they can be used for some of the same purposes. The basic difference is obvious. Personal loans are for personal use, and business loans are for business use. But is there any…

FinMasters content is free. When you purchase through referral links on our site, we earn a commission. Advertiser Disclosure A credit score is a numerical representation of the risk of you defaulting on a loan. It ranges from 300 to 850. The higher…

FinMasters content is free. When you purchase through referral links on our site, we earn a commission. Advertiser Disclosure Payday loans and personal loans have some similarities. They are both unsecured loans with no collateral. Both typically…

A house is one of the most significant purchases most of us will ever make. There are two main options for financing that purchase: pay cash or apply for a mortgage loan. Since very few of us can write a check for the price of a home, that leaves a…

Your business credit score is much like your personal credit score. It’s a rating of how likely your business is to pay its debts and its bills on time. Good business credit is vital in getting business insurance, small business loans, and supplier…

A Certificate of Deposit or CD allows you to deposit money for a fixed period of time in return for a higher interest rate than you’ll get from a regular savings account. A CD ladder allows you to gain that higher interest rate without the risk of…

Both personal loans and credit cards let you borrow money. They come with many similar features: applications, credit checks, fees, interest rates, payments, and more. They are still very different kinds of credit with very different purposes. Let’s…

Many employees of privately held companies receive stock options as part of their compensation. This is particularly common with startups. Options give you the right to purchase stock, usually at a discount, for a limited period. But what if you…

Robo-advisors provide professional investment advice at a fraction of the cost of a traditional investment manager. They have become a popular option for many non-professional investors. Betterment and Wealthfront are two of the most prominent…

Knowing the difference between stock options and ESOPs will help you evaluate them and decide what they are really worth as part of your compensation package. How Do Stock Options Work? Stock options are routinely used to attract potential employees…

How Much Can You Save with Couponing? One study reported that 94% of Americans reported using coupons and that the average savings are $11.60 a year per person[1]. That doesn’t sound like much, but it includes many people who use coupons only a few…

An upside-down car loan (also called being underwater on your loan or having negative equity) means your loan balance is higher than your car’s value. Ending up upside down on a car loan is easier than most people think. If you struggle to make your…

Refinancing a car can bring benefits, but it’s not always the right move. Before you consider refinancing, be sure that you understand the pros and cons, the details of your existing loan, and the factors that determine when you should refinance your…

FinMasters content is free. When you purchase through referral links on our site, we earn a commission. Advertiser Disclosure A car loan is a legally binding agreement. If you don’t live up to the terms of that agreement, you could lose the car.…

Debt consolidation is designed to improve your finances and your credit score. One payment is easier to remember than several, and avoiding late payments is a critical part of building credit. There are still ways that debt consolidation could hurt…

Lexington Law is one of the best know credit repair companies in the US, but it’s far from the only one. Many other companies offer similar services, and some get better customer reviews. Check out these Lexington Law alternatives before making a…

Almost everyone needs a savings account. That doesn’t mean you should keep all your money in one. As your financial life gets more complicated you’re likely to need one or more of these alternatives to savings accounts. If you’re simply looking for…