Best ways to consistently boost your credit score

Best ways to consistently boost your credit score

As the nation slowly recovers from the economic crisis and lending institutions continue to tighten the qualifications for obtaining new loans, potential borrowers need to be more proactive than ever in establishing and maintaining good credit. Although good credit doesn’t happen overnight, here’s a refresher course on the best ways to consistently boost your personal credit score. Continue reading

What are annuities?

What are annuities

In its simplest form, or at least as simple as anything in the world of finance can be, annuity refers to a permanent income provided by a lender in exchange for a fixed sum of money or person to the pension fund issue. Until recently, it was possible for someone to buy your pension from the age of 50 and 75, but 2010 saw the bottom of the ladder over 55 years. Before removing an annuity, it is possible for a retiree to take up to 25% of its funds as a lump sum of retirement, while tax-free. Continue reading