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Penny Counts

Penny Counts is not just a valued member of the  team; she’s a cherished member of the CreditNerds® family. With more than seven years of dedicated service, Penny’s role as Senior Processor is crucial to the smooth and efficient functioning of the company.

As a Senior Processor at CreditNerds® , Penny brings a wealth of experience and expertise to her role. Her meticulous attention to detail, unwavering dedication, and deep understanding of the intricacies of financial processes have earned her the respect and admiration of her colleagues and clients alike. Penny’s commitment to excellence is a cornerstone of CreditNerds® success.

CreditNerds® is more than just a workplace for Penny; it’s a family affair. As part of the CreditNerds® family, she embodies the values and ethos that make the company unique. Penny understands the importance of strong family bonds and exemplifies these values both in and outside the office.

In her precious spare time, Penny delights in creating cherished memories with her beloved family, including her husband JJ and their son Matthew. Whether it’s exploring new adventures together or simply enjoying quality time at home, Penny’s love and dedication to her family are at the core of her life.

Penny Counts is not only a Senior Processor at CreditNerds® but also a testament to the company’s commitment to family values and strong relationships. Her tireless work ethic, combined with her passion for family, makes her an invaluable asset to both her professional and personal communities.

With her dedication to her role at CreditNerds® and her unwavering love for her family, Penny Counts embodies the spirit of a professional who excels in all aspects of her life.

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Cartoon-style image of a person wearing glasses, holding a checklist titled '7 Tips to Avoid Holiday Scams.' The character looks cautious, standing in front of a holiday-themed background with festive lights, gift boxes, and red warning symbols, representing the importance of staying vigilant against holiday scams.

The holiday season brings joy, family time, and gift-giving, but it also increases the risk of scams and identity theft. As you juggle your to-do list and manage holiday expenses, fraudsters may see an opportunity to target you. To stay safe, follow these 7 tips to avoid holiday scams and protect your identity in 2024. …

Cartoon-style image of a person wearing glasses, standing in front of a timeline with highlighted ages such as 18, 21, and 25. The character holds a credit card and looks thoughtful, considering the best age to get one. Symbols like dollar signs, credit scores, and a calendar appear in the background, representing financial growth and responsibility.

Deciding when to get your first credit card is an important financial decision. While the minimum age to get a credit card is typically 18, there are several factors to consider. You must meet the issuer's credit requirements, have a reliable source of income, and possess the financial skills to manage it responsibly. Let’s explore …

Cartoon-style image of a person wearing glasses, holding two credit cards, with arrows showing one credit card being transferred to the other. In the background, dollar signs and graphs symbolize the financial concept of a balance transfer.

A balance transfer involves moving debt from one or more credit cards or loans to a new credit card that offers an introductory 0% annual percentage rate (APR). This financial strategy can help you save on interest, making it easier to pay down your balance. However, it's not the only option available for debt repayment, …

Cartoon-style image of a person wearing glasses, looking at a map of the United States with 20 cities highlighted. The character holds a credit card, while a graph shows a growing credit card balance. Dollar signs and upward arrows surround the map, symbolizing the rise in credit card balances in these cities, with a city skyline in the background.

Consumer spending habits provide a key measure of economic activity, but these trends can vary significantly across regions. One way to observe how much consumers are spending is by looking at the credit card balances they carry. In addition to credit card debt, other types of loans—such as mortgages, personal loans, auto loans, and student …

Cartoon-style image of a person wearing glasses, holding a calendar with highlighted months to represent the length of a car loan. A car is parked beside the character, with floating dollar signs symbolizing the financial aspect of the loan. The character appears thoughtful, considering the time frame.

When purchasing a vehicle, the loan term plays a crucial role in determining both your monthly payments and the overall cost of the car. What’s the average length of a car loan? For new vehicles, the average car loan term is around 68.48 months, while for used vehicles, it is about 67.41 months, which equates …

Cartoon-style image of a person wearing glasses, holding two documents labeled 'Home Equity Loan' and 'HELOC.' The character looks thoughtful as they compare the options. A house is shown in the background with dollar signs and arrows, symbolizing financial decisions related to home equity loans and HELOCs.

Home Equity Loan vs. HELOC: What’s the Difference? Owning a home gives you the opportunity to access cash through your home’s equity. Two of the most popular ways to do this are through a home equity loan or a home equity line of credit (HELOC). But how do you decide which is best for your …

Cartoon-style image of a person wearing glasses, looking surprised while holding a mortgage statement with an upward arrow symbolizing an increase. The background includes a house and a rising bar graph, with dollar signs and documents floating around, representing financial stress and confusion over rising mortgage payments.

If you've noticed your mortgage payment suddenly increase, the reason could be tied to your escrow account. Many homeowners wonder why this happens, and in most cases, it’s due to changes in property taxes, insurance premiums, or escrow shortages. Understanding how escrow works can help you navigate these changes and manage your payments more effectively. …

Cartoon-style image of a person wearing glasses, comparing two car insurance documents. One document shows a new car, and the other shows a used car, with price tags highlighting the difference in insurance costs. The character stands in front of a new and a used car, with a bright, clear sky in the background, symbolizing the question of whether insurance is cheaper for used vehicles.

Whether you’re buying a new or used car, you’ll need auto insurance before hitting the road. Insurance premiums depend on several factors, including your age, location, driving record, and the car itself. One common question is, is insurance cheaper for used vehicles? In many cases, it is, but there are exceptions. Let’s explore why insuring …

Cartoon-style image of a person wearing glasses, inspecting an oversized insurance document labeled 'Insurance Fraud' with a magnifying glass. The background includes subtle symbols of fraud, such as dollar signs, a broken car, and a fake house claim, creating a slightly darker, investigative atmosphere.

Insurance fraud occurs when individuals or businesses manipulate or falsify information to obtain financial gain from insurance companies. The FBI estimates that insurance fraud (excluding health insurance) costs around $40 billion annually. As a result, the average U.S. family ends up paying between $400 and $700 more each year in premiums. What Is Insurance Fraud? …