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Tag: Financial Checkup

What happens when I “refinance”?
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What happens when I “refinance”?

  • Posted on January 30, 2021March 27, 2024
  • by BrightDime

“What is refinancing? I hear people talking about refinancing their home, their student loans, but what is refinancing and how does it work?” We frequently hear a version of this…

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Which type of IRA should I contribute to?
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Which type of IRA should I contribute to?

  • Posted on January 16, 2021July 26, 2022
  • by BrightDime

IRA’s, or Individual Retirement Accounts, are tax advantaged accounts for saving and long term investing for retirement. The two most common types are Roth and traditional. You can make contributions…

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What’s the difference between a Roth and traditional IRA?
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What’s the difference between a Roth and traditional IRA?

  • Posted on January 12, 2021July 26, 2022
  • by BrightDime

An IRA (or Individual Retirement Account) is a tax advantaged account for saving and investing for your retirement. IRAs are not connected to your employer like a 401(k) is and…

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How should I start setting financial goals?
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How should I start setting financial goals?

  • Posted on December 24, 2020July 26, 2022
  • by BrightDime

Imagine that running a 5k has been one of your goals for a long time. You want to check it off your list so you’re preparing. Your alarm sounds an…

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What’s a credit lock and should I do it?
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What’s a credit lock and should I do it?

  • Posted on December 18, 2020July 26, 2022
  • by BrightDime

Locking your credit is one way to restrict access to your credit report and protect yourself from someone fraudulently opening accounts in your name. You may have heard of a…

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What should I know about credit reports?
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What should I know about credit reports?

  • Posted on December 10, 2020February 9, 2024
  • by BrightDime

If you haven’t checked your credit report recently, you don’t want to end the year before seeing it. By proactively checking not only your score, but your whole credit report,…

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What should I do to wrap up my finances for the year?
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What should I do to wrap up my finances for the year?

  • Posted on December 4, 2020July 26, 2022
  • by BrightDime

Even if this year did not turn out as you hoped, you can still end the year on a positive note with your money! Below are TEN quick-hit items that…

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What should I know about consolidating my federal student loans?
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What should I know about consolidating my federal student loans?

  • Posted on November 6, 2020July 26, 2022
  • by BrightDime

If you have multiple federal student loans, you may be thinking about consolidating them into one loan. This can be done by applying for consolidation with no application fee, no…

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Should I refinance my student loans with a private lender?
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Should I refinance my student loans with a private lender?

  • Posted on October 28, 2020March 1, 2023
  • by BrightDime

Refinancing student loans is similar in many ways to refinancing other loan options like mortgages or auto loans. There are two primary reasons you might consider refinancing a student loan.…

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Help! Should I refinance or consolidate my student loans?
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Help! Should I refinance or consolidate my student loans?

  • Posted on October 22, 2020July 26, 2022
  • by BrightDime

Once upon a time, you went to college and landed a job. You did exactly what you were supposed to do! Except, now you have a collection of student debt…

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