Everyone needs to be concerned about their credit. Building credit is necessary in order to obtain a credit card, buy a car, buy a house, rent an apartment, or even apply for a job. Chances are that you are already building credit, whether you are aware of it or not, and maintaining a good credit score is important as your life changes. Being proactive about building your credit can open new doors for you as you plan for the future.
Times of uncertainty tend to create economic chaos. Just look at stock market trends during the COVID-19 pandemic. When there is a global crisis like the novel coronavirus, you need to know how to protect your personal finances, including how to protect your credit. As your personal situation changes, your credit becomes more important, because you may need to use that credit until things return to normal.
So you’ve found yourself with a less-than-desirable credit score—or perhaps no credit at all. In a previous article, we covered the importance and benefits of building credit as soon as possible. To follow up, here are tips on how to do just that. Read on to learn how to build credit.
If there’s one thing we can all agree on, it’s that paying off student loans isn’t fun. The process may evoke a mix of unfavorable emotions—but that’s where we come in. Let this blog take on the form of meditation, a hot bath, heck, even online shopping if that’s how you blow off steam. There is a faster and more convenient way to pay off student loans, and here are some tips for doing it.
It’s the ultimate showdown—credit unions versus banks! Like in the classic battle of blondes versus brunettes, which financial institution ultimately has more fun? If only it were that simple. Comparing a credit unions vs. bank is a little like comparing apples to oranges. Each has its own strengths as well as areas in need of improvement, and the right choice for you will depend a lot on your lifestyle and banking preferences. Before we delve into the fun facts behind credit unions, let’s consider the question, What exactly is a credit union?