Penn Credit Corporation’s Blog
How to Budget for Big Expenses
When it comes to making significant purchases, budgeting is essential. Knowing how much money you have to spend and where it should go can make or break your financial success. In this blog, we'll explore how to budget for big expenses and help you identify strategies...
How to Find the Best Loan For You
Before looking for a loan, it's essential to consider why you need the loan and what you hope to accomplish with it. Do you need a loan to make a large purchase, such as a home or car? Do you want to consolidate your debt to make your monthly payments more manageable?...
The Pros and Cons of Hedge Fund Investing
A hedge fund is similar to a mutual fund. However, a hedge fund is usually involved in investments that carry higher risk and higher returns. While a hedge fund might engage in hedging transactions they do not necessarily do so as they employ other risk management...
What is Taxation?
The simplest form of taxation is a percentage surcharge on an item's sale price. Tax can be charged at different rates for different products; for example, luxury items such as jewelry might be taxed higher than essential household goods like groceries. In some...
Should You Have Debt?
Most people who achieve debt-free status are motivated by the desire to have more savings. Having no debt allows them to focus on investing their extra funds and having more peace of mind about their finances. Unfortunately, paying off all of your debts may not be the...
How To Improve Your Credit Score
Having a good credit score takes time, and continued work to help build it up over time. From paying off ongoing debts to ensuring bills are paid on time, there are several factors that go into a credit score. If you are concerned about your credit score, consider the...
The Different Types Of Credit Cards
The three main types of credit cards are those designed for small business owners, students, and the general consumer population. These cards have similar overall functionality and appearance, but they have a few key differences. These include the approval criteria,...
The Best High-yield Savings Accounts
A high-yield savings account is an excellent choice for people looking to keep their short-term savings for long-term goals, such as a vacation or a down payment fund. It offers higher interest rates than a traditional savings account. Here are the best high-yield...
How to Get Started with Investing
Getting into the world of investing can be a daunting task, especially for new investors. There are many questions that you'll have to answer first. This guide will help you navigate through the various aspects of investing. Start Early One of the best ways to get...
Which Finance Degree is Best?
There are numerous avenues in the financial sector that a career might take. However, the industry generally encompasses three categories which are corporate, personal, and public. Venturing into a financial career begins with obtaining a bachelor's degree. The four...