Teaching Kids about Credit as Debt Gets Murky

This week, President Biden made it official: the United States would forgive up to $20,000 in student loans per borrower. The applications opened, the borrowers rejoiced, and the concept of debt got…murkier. Regardless of how you feel about the government’s … read more

What’s YOUR credit score?

If you’ve paid off your credit card DON’T cancel your card!  It can actually hurt your credit score.  Ya….who knew??  So how do they calculate your credit score anyway?  Here’s an inside tip: http://www.whatsmyscore.org/break/howdetermined.php

The allure of the shiny new purchase

So you want to buy that shiny new iPad? Or a sweet electric guitar? You just can’t stop thinking about going on a dream shopping spree? We hear the same financial advice all the time: separate your wants and your … read more

What is a credit score?

A credit score, also called a FICO score, is a rating of your previous responsibility with credit. When you apply for your first credit card or the usual Bank of America auto loan, a credit report is started in your … read more