Erica Sandberg

Erica Sandberg

Bad Credit Expert

Erica Sandberg is a consumer finance expert and journalist whose articles and insights are featured in publications such as the Wall Street Journal, Reuters, MarketWatch, Forbes, and MSN Money. An experienced media host, she's led many financial programs, including her podcast, "Adventures With Money." She's appeared on Fox, CNN, "EconTalk" and "The Dr. Drew Podcast," and has been the resident money and credit authority for KRON-4 News in San Francisco for more than 10 years. Her book "Expecting Money: The Essential Financial Plan for New and Growing Families" was first released in 2008, and the 2017 edition is out now.

Latest Posts

(24) Total Posts to Date

Guide

3,179 views

13 min read

No Credit vs. Bad Credit — What’s The Difference?

No Credit vs. Bad Credit — What's The Difference?

Establishing good credit is important for most people. Doors swing open when you prove that you have a long history... read more »

Erica Sandberg

By: Erica Sandberg • 10/13/21

Guide

8,868 views

11 min read

What Happens to Debt When You Get Married?

What Happens to Debt When You Get Married?

When you shift from single to married life, your financial habits and obligations shift with you. When it comes to... read more »

Erica Sandberg

By: Erica Sandberg • 9/20/21

Guide

34,956 views

13 min read

10 Tips For Securing a Mortgage With Bad Credit in 2021

10 Tips: Securing a Mortgage With Bad Credit

If your credit is bad but you want to become a homeowner with the help of a loan, don’t abandon your dream. Credit... read more »

Erica Sandberg

By: Erica Sandberg • 8/24/21

Guide

31,629 views

11 min read

What Happens When Debt is Sent to Collections?

What Happens When Debt is Sent to Collections?

All is well when a credit card, loan, or bill is in good standing. The companies get what they want — the money —... read more »

Erica Sandberg

By: Erica Sandberg • 7/8/21

Guide

34,704 views

11 min read

How to Compare Loan Offers in 2021

How to Compare Loan Offers

So, you want to take out a personal loan? Terrific! Plenty of lenders are ready to grant these financial products... read more »

Erica Sandberg

By: Erica Sandberg • 6/21/21

Guide

37,020 views

9 min read

7 Signs It’s Time to Stop Bailing Your Kid Out of Debt

7 Signs It's Time to Stop Bailing Your Kid Out of Debt

Teaching children of any age about wise credit usage is smart. By their 18th birthday, they should understand how... read more »

Erica Sandberg

By: Erica Sandberg • 6/10/21

Guide

77,078 views

9 min read

How Does Loan Interest Work?

How Does Loan Interest Work?

When you take out any type of loan, the bank that extended the money to you will charge interest on the borrowed... read more »

Erica Sandberg

By: Erica Sandberg • 4/26/21

Guide

57,456 views

11 min read

Average Debt By Age & Generation in 2021

The Average Debt By Age & Generation

Borrowing money, whether with a credit card or an installment loan, enables consumers to do all kinds of things,... read more »

Erica Sandberg

By: Erica Sandberg • 4/13/21

Guide

100,000+ views

13 min read

142 Largest Lenders in the U.S.

The Largest Lenders in the U.S.

One way to find out who’s who in the U.S. lending landscape is to concentrate on the financial institutions, from... read more »

Erica Sandberg

By: Erica Sandberg • 3/2/21

Guide

95,410 views

9 min read

Average Credit Score by Age, Race, State & Income

Average Credit Scores by Demographic

Consumer credit scores, such as FICO Scores developed by the Fair Isaac Corporation, are used by lenders and other... read more »

Erica Sandberg

By: Erica Sandberg • 2/16/21

Guide

94,029 views

11 min read

What is a Credit-Builder Loan and How Does it Work?

What is a Credit-Builder Loan & How Does it Work?

A credit-builder loan is a unique financial product designed to help people easily and affordably add positive... read more »

Erica Sandberg

By: Erica Sandberg • 11/30/20

Guide

95,876 views

9 min read

Is Now a Good Time to Refinance?

Is Now a Good Time to Refinance?

Interest rates across the board are down right now. And if you currently have debt with a high interest rate, you... read more »

Erica Sandberg

By: Erica Sandberg • 9/8/20

Guide

100,000+ views

9 min read

9 Financial Resources for Families in Need

9 Financial Resources for Families in Need

Whether the U.S. is facing down a recession or a depression, one thing is certain: The economy is currently in a... read more »

Erica Sandberg

By: Erica Sandberg • 8/17/20

Guide

100,000+ views

7 min read

7 Ways to Manage Your Finances During Unemployment

How to Manage Finances While Unemployed

When you lose your job and the income that comes with it, the stress of meeting expenses can be intense. Your... read more »

Erica Sandberg

By: Erica Sandberg • 6/11/20

Guide

100,000+ views

13 min read

How to Refinance with Bad Credit

How to Refinance with Bad Credit

When a high interest rate is attached to a large loan, expect to pay a tremendous amount of money in financing... read more »

Erica Sandberg

By: Erica Sandberg • 6/23/20

Guide

100,000+ views

11 min read

9 Buy Here, Pay Here Pitfalls & Alternatives

9 Buy Here, Pay Here Pitfalls & Alternatives

You’ve seen the used car commercials: “Bad credit, no credit? We have instant financing!” Although enticing, the... read more »

Erica Sandberg

By: Erica Sandberg • 3/2/20

Guide

100,000+ views

9 min read

10 Ways to Recover from Bad Credit this Year

10 Ways to Recover from Bad Credit

Have some unfavorable items on your credit report? Take steps to restore your credit rating! There are many methods... read more »

Erica Sandberg

By: Erica Sandberg • 6/23/20

Guide

100,000+ views

11 min read

5 Payday Loan Pitfalls & Alternatives

5 Payday Loan Pitfalls & Alternatives

Payday loans are available in most states, and with them, you can borrow money against your future earnings. Just... read more »

Erica Sandberg

By: Erica Sandberg • 6/11/20

Guide

100,000+ views

9 min read

7 Credit Restoration Strategies & Services

7 Credit Restoration Strategies & Services

If your credit rating is not where you’d like it to be, you may wonder if there are credit restoration strategies... read more »

Erica Sandberg

By: Erica Sandberg • 11/22/19

Guide

100,000+ views

11 min read

609 Letter Template & How to File a Credit Dispute

609 Letter Template & How to File a Dispute

Removing an error from your credit report is generally as simple as completing a credit reporting agency’s dispute... read more »

Erica Sandberg

By: Erica Sandberg • 4/12/21

Guide

100,000+ views

17 min read

How to Repair Credit in 5 Fast Steps

How To Repair Your Credit in 5 Fast Steps

In the article below, we’ll take a look at how to repair credit in just five steps and help you regain control of... read more »

Erica Sandberg

By: Erica Sandberg • 6/11/20

Guide

100,000+ views

7 min read

7 Tips for Loan Approval with Bad Credit

7 Tips for Loan Approval with Bad Credit

If your credit reports show unfavorable data such as high debt, missed payments, collection agency accounts,... read more »

Erica Sandberg

By: Erica Sandberg • 3/13/19

Guide

100,000+ views

11 min read

When Does it Make Sense to Consolidate Debt?

When Does it Make Sense to Consolidate Debt?

If you’re dealing with a variety of financial obligations, you may want to bundle everything up into one neat... read more »

Erica Sandberg

By: Erica Sandberg • 2/3/20

Guide

100,000+ views

7 min read

How to Give a Subscription Box Gift — Without Getting Into Debt

Giving Subscription Box Gifts Without Getting Into Debt

One of the most appreciated gifts you can give is a subscription box: a package of curated items delivered to the... read more »

Erica Sandberg

By: Erica Sandberg • 1/30/19