Having access to a credit card is essential if you plan on financing a home in the future or if you have a large, unexpected expense that needs to be paid, but don't have the funds on hand to handle the financial matter. If you currently have no credit, use the tips below to begin building your credit file in a positive manner.
Apply For One Or Two Cards
Do some research concerning the terms associated with cards that various credit card companies offer.
It's almost inevitable that at some point in life you're going to need a personal loan through a place like Union State Bank. Whether it's because of an emergency situation that crops up, or because you want to consolidate bills, it's incredibly helpful to be in a position to get a personal loan when you need one. However, the key to getting a loan is preparedness. There are certain factors that can help assure you that you'll get a loan when it becomes necessary.
Although many companies now offer a 401(k) retirement plan to their employees, some employers still provide a traditional pension. Reporting pension income on a tax return is similar to reporting 401(k) distributions, unless the taxable portion of a pension has not been determined by the pension plan trustee.
Unlike a 401(k) plan with defined contribution amounts, a traditional pension is referred to as a defined benefit plan. All 401(k) plans and most traditional pensions are known as qualified plans, meaning that they can hold tax-deferred funds by virtue of complying with the applicable sections of the tax code.
If your credit is fair and you have steady employment, there is a pretty good chance you can take your pick of finance companies or banks, walk in, and walk away with a personal loan. Personal loans almost always afford lower interest rates than a cash advance and can usually give you a larger amount of money. However, borrowing responsibly is just as important with this loan product as it is any other time.
If you've recently begun taking steps to realize your dream of owning your own business in Oregon, you may be nearly overwhelmed at the amount of paperwork that awaits you -- from articles of incorporation and filings with the Secretary of State to applying for an employer identification number from the IRS. Because tax or liability problems can often sink a business, it's important to ensure these documents are in order, and with potential sweeping changes to Oregon's business tax laws coming on the November ballot, it's also important to familiarize yourself with your potential best-case scenario (and worst-case scenario) tax liabilities.