Penn Credit Corporation’s Blog

According to a study conducted by the Certified Financial Planners Board of Standards, Americans who have a budget feel more secure and control their finances. Unfortunately, a survey revealed that many don't have a budget and only track their expenses. Budgeting is...

Those who have outstanding debts may have been the recipient of calls or letters from debt collectors. Knowing how the process works can help those in debt get some relief and pay off their debts quicker. What is Debt Collection? Debt collection is the attempt of a...

Operating a successful business requires many resources. Great leaders know how to cultivate and retain human resources. They also fully understand the importance of knowledge management and how to keep accurate records from year to year. Despite their years of...

Whether one has mostly good debt or bad debt, they may need help wrangling it. Even if it was a good decision at the time to take on debt, things might have changed since then. Good Debt Good debt is debt that pays for itself and enhances one's financial situation....

Millions of people shop online. But imagine being able to venture down store aisles while sitting in front of a computer. Put items into a virtual shopping cart, check out, and have the purchase delivered. The prospect is not that far-fetched. Technological companies...

Going to college is a great way to set yourself up for a successful life as you get older, but it often comes with a hefty cost. The most common way to pay for expensive schooling is with student loans. Eliminating the financial burden associated with this debt is the...

Let your own finances be an example of why your children should learn financial literacy. There’s no excuse for lacking a general understanding of expenses and income. Improving this understanding might be the difference between constant wealth and check-to-check...

Contrary to popular belief, debt is not always a bad thing to have. In fact, most investors and analysts in today's business world search for companies that are not only successful but that utilize their debt wisely. Clients examine the debt-to-equity ratio, meaning...

Savvy consumers have an understanding of their overall financial situation and their potential buying power. They generally keep track of their consumer credit report information and validate that all the details contained there are accurate. Despite a general...

Automation and artificial intelligence (AI) are already a major part of any industry that needs to process information. If you need to calculate anything, compare anything, or make decisions based on any information that can be written or recorded, AI is there. In...