Debt

Do You Have a Good Credit Score?

October 12, 2011

It is greatly debated as to what risk category a credit score falls under.  The credit rating companies don’t disclose their calculations for credit score and the companies and lenders that use credit scores, generally set their own standards for juding credit scores.  For those reasons, there are no set in stone guidelines for classifying […]

How Credit Cards Can Change Your Life

August 23, 2011

Credit cards are an important part of learning money discipline.  They also offer convenience and help you build your credit score, which in the long run can save you thousands of dollars in lower interest rates. I’ve used credit cards three different ways throughout my life: When I was in college I used them to buy […]

Should I Pay Off My Car Loan Early?

August 11, 2011

So you’ve saved some money and are trying to reduce your monthly expenses to get your household budget in order.  Should you pay off your car loan early?  Let’s go over the pros and cons of paying your car loan early. First of all, find out what interest rate you’re paying on your loan and […]