Credit score vs credit report, aren’t they the same? Learn their differences, how they are used, and which one is the most important.
Credit Score vs. Credit Report: Which One is the Most Important
How Does Credit Card Interest Work
How does credit card interest work? Learn why your credit balance keeps increasing so quickly, what you are actually paying for, and how to avoid paying interest.
Why employers do a credit check
Employers may do a credit check as part of your background check. Find out if this is legal. What can they see? Why employers do a credit check to begin with? Finally, learn what you can do to improve the credit report they receive so you don’t lose that dream job or promotion.
What Makes Your Credit Score Go Up
Did you know your payment history, credit utilization, and the age of your credit accounts have the biggest impact on your credit score? If you miss a payment your credit score will drop… no surprise there. But if you start paying off your debt you could see a significant increase in your score.
What Happens If I Don’t Pay My Credit Card Bill?
                 I think we have all been there. Lost a job, given fewer work hours, or had to take unpaid time off from work due to an injury. We have all had to make a decision to skip a […]
Does a Student Loan Forbearance Affect My Credit Score
Forbearance on your student loans will not cause a negative or positive effect on your credit score. It is only noted so the credit bureaus are aware you have not defaulted. However, you do need to be aware of how interest, auto-payments, and when the forbearance will all affect your student loans; your future financial […]
When Credit Cards Hurt Your Finances
Everyone is aware too much credit card debt can really hurt your credit score. Even cause you to be unable to pay your monthly bills. But are you aware having an inactive credit account, balance transfers, and closing old credit card accounts can cause your credit score to go […]
When Credit Cards Help Your Finances
If you’re on my blog odds are you are battling debt just like me; credit cards, student loans, car loans, mortgage, everyday utility bills, and the list goes on and on. Then why am I encouraging credit card usage to help your finances? Answer: This is the easiest […]
How Do I Get Out Of Debt With Bad Credit?
I felt this question needed some serious attention after someone asked me this last week. This question came to me because the individual asking was denied a consolidation loan. There are many different ways to get out of debt besides a loan. The quickest and simplest way to answer […]
Should I Use All Of My Savings To Pay off My Credit Card Debt?
I thought it was time to address this question since I get asked this so much. So here is the short and sweet answer…NO! Keep reading to see what you should do instead. Why You Don’t Want To Drain Your Savings Account Here is a question for you. What if […]