Are you looking to increase your credit score? If so, you may be tempted to open a new account in an attempt to do so if you are following the common credit myth that the more credit you have, the higher your score will be. But before you apply for that new credit card, take a … [Read more...] about Credit Myth: The More Credit You Have the Higher Your Score Will Be
Recent Posts
Credit Myth: I Need to Earn Lots of Money to Have a Good Credit Score
If I were rich, I’d have a great credit score. Is this ever something that you’ve thought? On the surface, it seems reasonable to think that having a lot of money would lead to a higher credit score. However, earning a lot of money and having a high credit score don’t … [Read more...] about Credit Myth: I Need to Earn Lots of Money to Have a Good Credit Score
Credit Myth: All Debt is Bad
We hear all the time that debt is bad. There are books, seminars, and programs that are all designed to teach you how to get debt free and live debt free. But is that really necessary? Is all debt truly that bad? Believe it or not, the answer is no. Not all debt is … [Read more...] about Credit Myth: All Debt is Bad
Credit Myth: There is only ONE FICO score
Have you recently experienced a bankruptcy? Do you have some late payments or collection accounts showing up on your credit history? If you answered yes to either of these questions, you are probably trying to figure out how to rebuild your credit. In order to do this, you … [Read more...] about Credit Myth: There is only ONE FICO score
12 Budget Friendly Staycation Ideas
Are you longing to take a vacation, but not sure that you have the time or money for it? Save money this year, pay down some bills to get your credit back on track, and take a budget friendly staycation instead. These staycation ideas will help you feel like you are … [Read more...] about 12 Budget Friendly Staycation Ideas