Demystifying
the Credit Scoring/ Rating Process
Have you ever wondered if you had "good
credit" or "bad credit" and
how creditors, such as banks, determine if
you are creditworthy. If so, you are not alone.
For decades the procedure most creditors have
used to determine your creditworthiness or
rating has been shrouded in secrecy. |
Debit
or Credit? Which do you Vote for?
While checks, ATM cards, and credit cards
are fairly self-explanatory, many people fail
to see much difference between a credit card
and a debit card. So the questions are, is
there a significant difference, and is one
better than the other? |
Credit
Insurance
When sorting through various files regarding
credit cards, many people may happen upon
information regarding credit insurance. In
fact, many people may be paying for this insurance
and not even realize that they have it. |
Teens
and Credit - A Recipe for Disaster?
If you’re like most American families,
your teenager has some sort of income, be
it an allowance or a job. The problem: how
do you teach your child about money, before
they “invest” it all into the
current fad? |
Credit
Lessons for Retirees
Common "scams” or frauds appear
in the form of contests, home repair offers,
and credit offers. Unfortunately, fraudulent
activities often target senior adults. Some
estimates show that the elderly are scammed
out of $40 billion each year. |
Credit
Card Cash Advance Pitfalls
Credit card cash advances can provide consumers
with convenient and instant access to "cold
cash" in times of financial need, but
cash advances should be avoided if at all
possible. |
