Archive for March 2021

How often do you use your debit card? Do you use it when you travel?  Do you use it in places such as gas stations, convenience stores, for online purchases, or anywhere that may have “less than optimal” security measures in place? One of the risks of not having a few credit cards available for…

These days, your credit score influences more than you might think. Most of us tend to think of credit scores when we are planning to buy a home or a car. But your credit score can influence some surprising aspects of your life, such as your car insurance rates or even your job prospects! And,…

This advice sounds crazy to many people…  Don’t pay off your car if you are trying to build up your credit scores. “But why?  Isn’t paying off debt a good thing?” Well, under normal circumstances, yes, paying off debt is a good thing.  However, when you have an installment loan on your credit report that…

This might surprise you, but credit scores were was not created for your benefit. The credit card companies, banks, and lending institutions would not prosper if each of us used our credit lines and paid them off in full every month. Creditors charge interest and that’s how they make their money.  They make the most…