When Debt Can Be Good For You - And When It's Bad

by Erica Starr 11. April 2016
It's next to impossible to go through life without accruing some debt. The good news is that some loans can be healthy and even productive, which means there's no rush to pay them off. Other debts should be erased more quickly. Here are a few examples of debt that can help — and hurt — your financial health. Good Debt Student Loans As overwhelming as education loans can be, how you handle this debt can actually boost your credit. The three major credit bureaus — Experian, Trans... [More]

How to Build Good Credit: 5 Steps for College Grads

by Renee' Anderson 3. February 2015
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]

I Married into Poor Credit...Now What?

by Kelly McCready 28. January 2015
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]

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