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Why Debt Consolidation May Not Be the Best Solution for Your Financial Problems

Why Debt Consolidation May Not Be the Best Solution for Your Financial Problems

by Penn Credit Corporation | May 16, 2023 | Accounts Receivable Management, Blog, Penn Credit Corporation

Debt consolidation is a popular option for people looking to simplify their finances and reduce their debt. While it can be a useful tool in certain situations, debt consolidation may not always be the best solution for your financial problems. In this blog post,...
The Dos and Don’ts of Managing Credit Card Debt

The Dos and Don’ts of Managing Credit Card Debt

by Penn Credit Corporation | May 12, 2023 | Accounts Receivable Management, Blog, Penn Credit Corporation

Credit cards can be a great financial tool, but if not used responsibly, they can quickly become a source of debt and financial stress. Managing credit card debt requires discipline and smart financial decisions. In this blog post, we’ll discuss the dos and...
Should You Have Debt?

Should You Have Debt?

by Penn Credit Corporation | Nov 14, 2022 | Accounts Receivable Management, Blog, Penn Credit Corporation

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

How To Improve Your Credit Score

by Penn Credit Corporation | Nov 9, 2022 | Accounts Receivable Management, Blog, Penn Credit Corporation

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 Different Types Of Credit Cards

by Penn Credit Corporation | Nov 4, 2022 | Accounts Receivable Management, Blog, Penn Credit Corporation

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

The Best High-yield Savings Accounts

by Penn Credit Corporation | Oct 5, 2022 | Accounts Receivable Management, Blog, Penn Credit Corporation

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...
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