Congratulations on making it through college! Now it’s time to get yourself together. Once you have a full-time job lined up, you should focus your attention on your financial future. Sounds grown up, huh?! It’s really not that complicated. Building good credit is an important part of your finances. Here are five steps to take towards your goal:
1) Become an authorized user on your parents’ credit card account.
This doesn’t mean your parents have to hand over their credit... [More]
When you get married, you are taking on joint financial liabilities. This is a fact, like it or not.
Just because you fell in love with someone who has destroyed their credit, doesn’t mean you have to live with it. However, you probably have to help fix it. If your spouse has poor credit, it can affect your joint credit accounts and potentially prevent you from opening certain accounts or receiving certain loans. In fact, until you straighten out your spouse’s credit, you may want to... [More]
College graduation celebrates past accomplishments and upcoming adventures. It’s also the point when paying off student loans becomes a tangible financial obligation rather than a future burden. Once you start paying, you’ll feel the effect on your budget immediately. But what may not be apparent is how this debt affects your credit score, which will have long-term effects on almost all areas of your life.
Establishing Good Credit
When it comes to your credit rating, student loans ca... [More]