How to Use Credit Cards to Rebuild Your Credit Score
Low credit is worse than no credit. With no credit, you have no history — lenders are unsure of your ability to repay them, but they hold no positive or negative opinions for or against you. Bad credit, on the other hand, paints a clear picture for the lenders, signalling that they should be wary […]
Kids and Credit Cards: Teaching Kids About Credit Cards
Teaching your children at a young age about credit, credit cards, and debt can help them establish a necessary knowledge base as well as shape their financial future. While it can be tough to explain a complex subject like credit to a teenager, it’s wise to create a foundation for fiscal responsibility. Credit for Kids […]
How Credit Cards Work: Interest, Fees, and Rewards
A house, a car, a college education, a good job, a good marriage, kids – the American Dream. This hasn’t changed much since the golden era of the 1950s, and it’s still the goal of many. What role does a credit card play in the American Dream, and what are the pitfalls of credit card […]
How to Rent an Apartment with Bad Credit
There’s a plethora of reasons for having bad credit: recently losing a job, a financial setback that was not in your control, medical problems, having your identity stolen — just to name a few. Typically, landlords want renters with credit around the national average, about 680 or better. Renting an apartment with bad credit or […]
What’s the Difference Between a Credit Union and a Bank?
Credit unions and banks accomplish the same goal: providing a secure place to store and manage your money. However, there are a few key differences between the two. Understanding those differences is the only way to determine which is best for you. Membership The first major difference is membership. While anyone can apply to a bank, credit […]
How to Fly With a Toddler and Survive the Trip
Your eyes are bleary. You’ve been awake for hours, and the screaming of children isn’t helping. One of those children is sitting next to you on the plane. You reach into your bag, trying to grab your tablet, opening it to an episode of some cartoon or other and gently handing the piece of expensive […]