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The Difference Between a Hard Credit Pull and a Soft Credit Pull

Your credit score is an incredible tool that can build up your life if used properly and tear it down if abused.

The difference between a great credit score and an okay credit score might be the difference in 0.5% interest on a home or auto loan and thousands of extra dollars of interest paid.

If you’re looking to protect your credit score you need to be aware of the difference between a soft credit pull and a hard credit pull.  One can damage your credit score while the other is mostly harmless.

Do you know the difference?

Two Types of Credit Inquiries: Soft Pull and Hard Pull

Here’s a look at the two types of credit report pulls.

What is a Soft Credit Pull?

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The Many Ways the Internet Saves (and Makes) You Money

Ten years ago the Internet used to be a luxury that wealthy families could afford, but now most have it. 

According to Nielsen, of the 80% of American homes that have a computer, 92% of them have Internet access.

With this access, they also have a powerful tool to save money.

Sure, we have to pay monthly for our Internet service, but my guess is that people who use the Internet wisely save at least as much as they spend for Internet access, if not more.

Have you given thought lately to all of the ways the Internet saves you money?

Here are just a few I came up with:

Ways the Internet Saves You Money

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How to Consolidate Your Debt and Pros and Cons

Getting into debt is really easy if someone is willing to give you a credit line. It’s the getting out of debt that is the hard part.

Many financial gurus advise against debt consolidation.  There’s the old adage of “You can’t go into debt to get out of debt.

While consolidating does have its risks, it can be beneficial in helping you turn your finances around.

Pros and Cons of Consolidating Debt

First let’s look at the positives and negatives of using debt consolidation to helping you get out of debt once and for all.

Pros of Debt Consolidation

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What Can You Expect From a Premier Credit Card?

One of the “rules of thumb” that is often expressed when it comes to credit cards is that it’s important that you avoid paying an annual fee.

Even with rewards credit cards, many suggest that you stay away from the annual fee.  After all, your annual fee reduces the value of the rewards that you earn.

There are some credit cards, though, that might be worth the annual fee.

These are premier credit cards, and they often come with annual fees that many of us consider excessive: $100, $200, or even $450.

Why would you pay that much for a credit card?

As with all things personal finance, it largely depends on what you expect to do with the credit card, and the benefits that you get.  If you really look at the perks associated with a premier credit card, you might be surprised.

Here are Some of the Things You Can Expect from a Premier Credit Card:

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Roth IRA 5 Year Rule on Withdrawals

Roth IRA’s have become enormously popular in recent years especially with the conversion of traditional IRA’s to Roth’s.

Now that it seems as if nearly everyone has a Roth, let’s take a look at the rule’s withdrawals.  Sooner or later, we’ll all be doing it.

Before we get started, I recommend that you get advice from your CPA or tax advisor before taking any withdrawals from your Roth IRA. The rules on this are fairly complex and your individual circumstances will have a material affect on the outcome.

General rules on Roth IRA withdrawals

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5 Tips to Help You Deal with Economic Uncertainty

We live in uncertain economic times.

No one knows what will happen next. Between a difficult job market, a housing sector that refuses to recover, and Europe on the brink of complete financial disaster, it’s easy to feel anxious about your money.

Will we see another recession? Could things turn around and be great? Are a eurozone collapse and slowing growth in China about to dump us into another global financial crisis? While you want to be prepared for the possibility of economic problems, it’s not a good idea to let fear rule you.

Once you let fear master you, you start making very poor decisions based on that fear.

Whether it’s making a bad investment decision, a risky business choice, or sabotaging your relationships, fear and anxiety can lead to problems in your finances and your life.

Before you let your worries about economic uncertainty turn into a full-blown financial emergency, it’s a good idea to take a deep breath, step back, and consider these 5 tips to helping you cope with the uncertainties that come in an economy like what we’re seeing now:

Tips to Help You Deal With Economic Uncertainty

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Gold Delta SkyMiles Credit Card from American Express Review – 30K Bonus Miles and a Statement Credit

Do you travel Delta airlines? Want a better experience at the airport?  Maybe even a better experience on the plane?

How would you like to earn free flights for using your credit card?

You can have all this and more with the Gold Delta Skymiles® Credit Card from American Express.

Keep reading our review below and I’ll tell you why the Gold Delta Skymiles card may be a great card for you!

Earning and Using Airline Miles

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