Debt is often compared to a prison. And, truly, debt can be a financial prison. Consider: When you are in debt, you are in a cycle of paying interest to someone else. This is money that is not used ... Read More about 5 Debt Traps to Avoid — At All Costs
A common question I get from Money Girl podcast listeners is about managing credit. Lately, it seems like many people are ready to pull the trigger on buying a home, but they’re getting rejected for a ... Read More about Can Authorized Users on Credit Cards Build Credit?
If you have credit card debt you know it’s expensive. Carrying consumer debt on a high-interest credit card can drain your finances and be the source of a lot of stress. I read a troubling ... Read More about How to Get Rid of Credit Card Debt
You have seen the commercials and heard the radio jingles, so by now you know that a good credit score is important. But what is a good credit score? Generally, anything above 700 is considered a good ... Read More about What Is a Good Credit Score – Understanding Credit Score Ranges and Why They Are Important
Increasingly, as part of the background check when you apply for a new job, employers are asking if they can have a peek at your credit report. It is true that they are supposed to get your permission ... Read More about Why Your Credit Report Matters to a Potential Employer
Your credit score is important - it's the first thing a lender is going to look at when you apply for a loan and it directly affects the interest rate you pay. A good credit score can save you ... Read More about How to Get A Free Credit Score Online
You probably know that your credit score affects your ability to get a loan or credit card, but did you know it can affect your ability to rent a home, get affordable insurance, qualify for government ... Read More about Raise Your Credit Score in 7 Steps
We all know that we're supposed to be paying down our debt -- and doing it aggressively. However, there are situations when stretching your finances each month to make that extra payment might not be ... Read More about When to Think Twice About Paying Down Your Debt
One of the frustrations that many consumers have with the whole credit scoring process is the fact that it is difficult to get a copy of a credit score for free. It is true that web sites like Credit ... Read More about Been Turned Down for Credit? You Could Get a Free Credit Score
We're always being told about the importance of your credit report, and how what's in there can affect your credit score. Since your payment history is one of the most important factors that go into ... Read More about What Should You Do If You Miss a Credit Card Payment?