Billie Nordmeyer

About the Author

Billie Nordmeyer

Billie Nordmeyer is a writer, former senior auditor, and financial software consultant. Her writing on banking, credit cards, insurance, economics, small business, technology, and other financial topics are featured in The Nest, Zacks, The Houston Chronicle, GlobalPost, and dozens of other publications. Billie holds a bachelor’s degree in accounting, an MBA in finance, and an MA in international management, as well as project management and business analyst certifications.

Latest Posts

0 posts written/edited to date

Guide

738 views

11 min read

What is a Minimum Payment? A Guide to Required Payments and Why You Should Try to Pay More

A Guide to Minimum Payments and How They Impact Your Debt

I won’t tell you that making the minimum payment amount required on all your loans is a ticket to Easy Street because it’s not. A minimum payment... read more »

Mike Senecal

By: Mike Senecal • 12/5/24

Blog

336 views

5 min read

A Convenient, Affordable Credit Counseling Course Can Bring Relief to Those Filing for Bankruptcy

A Credit Counseling Course That Saves You Time and Money

Filing for bankruptcy can be a convoluted and time-consuming affair, especially when you don’t know what to expect. CC Advising... read more »

Andrew Allen

By: Andrew Allen • 12/5/24

Guide

352 views

7 min read

What is the Prime Rate? How it Impacts the Interest You Pay on Loans and Credit Cards

What is the Prime Rate? How it Impacts Loans and Credit Card Interest

Many food connoisseurs have long esteemed prime rib as one of the most prized cuts of beef. That must be why hearing the words “prime rate” has... read more »

Andrew Allen

By: Andrew Allen • 12/5/24

Blog

779 views

5 min read

Reaching Out to Underserved Communities Enables This Credit Union to Target Essential Services

Serving the Underserved to Maximize Credit Union Impact

Many banks and credit unions are weighing the pros and cons of maintaining a branch presence in an era of digital transformation.... read more »

Mike Senecal

By: Mike Senecal • 12/4/24

Guide

704 views

9 min read

What is a Credit Limit? How Your Credit Past & Income Determine How Much You Can Borrow

What is a Credit Limit and How is it Determined?

I remember when I was just a kid, Mama sat me down, looked me straight in the eye, and told me I could be anything I wanted — the sky’s the... read more »

Eric Bank

By: Eric Bank • 12/4/24

Guide

602 views

7 min read

What is a Soft Pull? A Guide to Soft Credit Inquiries and How to Use Them to Your Advantage

The Basics of Soft Credit Pulls and How to Use Them to Your Advantage

Improving your credit score is a delicate dance. On one hand, you need to work down your debt. On the other, you need a robust credit history. To... read more »

Jon McDonald

By: Jon McDonald • 12/4/24

Guide

658 views

9 min read

What is Financial Hardship? Common Causes and How to Mitigate Credit Damage

How to Deal With Debt During Financial Hardship

You can fix your financial problems, and there are plenty of resources to help. That’s the message I want to get across as we tackle the most... read more »

Mike Senecal

By: Mike Senecal • 12/3/24

Blog

858 views

5 min read

Credit Counseling Services Can Help Consumers Escape Debt and Build a Solid Financial Foundation

Credit Counseling Can Help You Craft a Plan to Crush Debt

Credit cards are valuable financial tools, but cardholders who don’t make regular monthly payments can see their debt increase... read more »

Andrew Allen

By: Andrew Allen • 12/3/24

Guide

588 views

9 min read

What is a Secured Loan? How Collateral Can Help You Secure Financing

What Is a Secured Loan? How Collateral Can Help You Secure Financing

Nothing warms up a lender’s heart like good ol’ collateral! Dangle some valued property in front of them, and you’ll likely see that loan... read more »

Eric Bank

By: Eric Bank • 12/3/24

Guide

1,568 views

9 min read

What is Alternative Credit Data? When Issuers Look Outside Your Credit Scores for Insights

A Guide to Alternative Credit Data

Ever thought about taking up an alternative lifestyle? Maybe going vegan, living in a van, or dressing in a smashing neo-soul wardrobe? It seems... read more »

Eric Bank

By: Eric Bank • 12/2/24

Guide

910 views

9 min read

What is VantageScore? All About the Credit Scoring Model and How it Compares to FICO

What is VantageScore? How the Credit Scoring Model Compares to FICO

Have any of you ever tried figuring credit scores out? Well, sit tight as I get ready to wade into the world of VantageScore — the credit score... read more »

Eric Bank

By: Eric Bank • 12/2/24

Guide

2,992 views

7 min read

What is TransUnion? A Closer Look at One of the Three Major Credit Bureaus in the U.S.

Everything You Need to Know About TransUnion Credit Reporting

When I first started learning about credit and the role credit bureaus play in the financial landscape, I remember thinking there was something... read more »

Andrew Allen

By: Andrew Allen • 11/27/24

Guide

2,288 views

11 min read

What is Credit Utilization? A Look at One of the Key Components of Your Credit Score

What is Credit Utilization? How to Manage Your Balances

If you’ve ever gone on a shopping spree, you know how easy it can be to spend more than you planned. Sometimes, I can’t resist going over my... read more »

Jon McDonald

By: Jon McDonald • 11/27/24

Guide

2,898 views

11 min read

What Does No Credit Check Mean? How Lenders Determine Risk Without Viewing Your Credit History

What Does "No Credit Check" Really Mean?

When you have poor credit, some financial necessities may seem tricky to qualify for. From renting an apartment to picking a phone plan, you have... read more »

Jon McDonald

By: Jon McDonald • 11/26/24

Blog

4,392 views

5 min read

Millions Search This Free Platform to Find Safe and Affordable Housing in College and University Towns

Housing Help for Students, Landlords, and Educational Institutions

One of the biggest challenges when leaving home for college may be securing off-campus housing that puts you where you want to be,... read more »

Mike Senecal

By: Mike Senecal • 11/26/24

Guide

2,436 views

11 min read

What is FICO? The Influential Credit Scoring Model that Can Determine Your Approval For Financing 

What is FICO and How Does Its Scoring Model Work?

If you’re like me, being judged fairly and objectively is important to you. That includes how a potential lender might assess an application for... read more »

Erica Sandberg

By: Erica Sandberg • 11/26/24

Guide

3,690 views

9 min read

What is a Grace Period? How the Term Applies to Credit Cards & Loans

What is a Grace Period? How the Term Applies to Loans and Credit Cards

You’ve heard the phrase “timing is everything,” and that is especially true with your finances. Just ask those who locked in 2.65% mortgage... read more »

Zina Kumok

By: Zina Kumok • 11/25/24

Guide

3,150 views

9 min read

What is a Debit Card? Understanding the Basics, Benefits, and How it Differs from a Credit Card

How Debit Cards Differ From Credit Cards

When I was a kid, I once heard a friend’s dad tell a joke that was so bad it stuck with me for years. It went something like this: Q: What does a... read more »

Jon McDonald

By: Jon McDonald • 11/25/24

Study

4,284 views

11 min read

Survey Unveils Payday Loans as America’s Top Quick Cash Fix, Followed By Pawnshop Loans

Survey Unveils Americans Prefer Payday For Quick Cash

A short-term loan may be the only viable option for many people who cannot access traditional sources of financing, such as installment loans and... read more »

Jon McDonald

By: Jon McDonald • 11/21/24

Guide

4,060 views

7 min read

What is the Truth in Lending Act? How the Law Protects Consumers from Harmful Lending Practices

How the Truth in Lending Act Protects Consumers

Your credit report is like a window into your financial history for all lenders to see. It’s only fair we have a law that turns the tables on... read more »

Mike Senecal

By: Mike Senecal • 11/21/24