Peach could save you $1,037.56 on your $62,345 loan at 6.8% and you could pay off your loan by Oct 13 2028.
Resources and insights to help you understand your debt - one peach at a time.
This is such a relative question to answer. What does one mean by a good credit score? Is it good for your age? Good for your financial situation? Good for your income range? What’s the benchmark we’re comparing it to? At Peach, we view a credit score as a tool lenders use to determine your eligibility for a loan or a lower interest rate. So when we tell you what we think a good credit score is, we’re telling you what lenders think a good credit score is.
Buy Now, Pay Later is that very exciting option that pops up when you’re buying something online and they ask you if you want to make 4 payments of $15 over a few months rather than pay $60 today. Of course, the answer is always YES! But Buy Now, Pay Later has sadly become a bit better known as Buy Now, Regret Later.
All of us know that one person who has a wallet with literally twenty card slots and they have them all filled with actual cards. One could argue that that person has too many credit cards, but on the flip side, it might actually be working for them. How many are too many credit cards?
Your credit limit is the maximum amount that you can spend on a credit card. There are a few reasons you might want to increase it. First, it could be that you want to spend more. Duh. Second, increasing your credit limit lowers your credit utilization. A high credit utilization (above 30%) can hurt your credit score so it’s important to monitor that number regularly.
Budgeting gets a bad rep. Most people view it as a nuisance that is too detailed and complicated, and therefore not worth the time. But in reality, it doesn’t have to be that complicated and is actually a powerful tool that helps you avoid debt or get out of it faster. Budgeting helps you to be more intentional with your spending and prioritize your financial goals so you can spend time and money on things you really care about.
Carrie Fisher is known for playing Princess Leia in the Star Wars films. But what most people don’t know is that she has an iconic quote: “Everything is negotiable. Whether or not the negotiation is easy is another thing.” You can absolutely try to negotiate with your credit card company to lower your debt, because it leads to better outcomes for everyone.
