When applying for your first credit card, be sure you take the time to compare student credit cards. Not all cards are created equal.
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There is no magic spell to erase bad credit. It takes time to repair your credit, but if you follow these smart, common sense steps the road to good credit may just be a little easier to travel.
One of the most important aspects of your finances is your credit score — it’s basically your financial reputation. Here’s how you can get a good start in your financial life by building your credit from scratch.
A good credit score can save you thousands of dollars over your lifetime, mainly through savings on interest rates and insurance premiums. As a result, it’s important to keep track of your credit score.
I remember it like it was yesterday. My husband and I were at a pre-marital retreat through our church (a requirement to get married there.) They played this game where the couples sat back-to-back, the leaders asked different questions, and you had to raise your hand if the answer applied to you.
A while back, I wrote a post on my site, detailing some of the accounts of my impoverished childhood with my mom and two younger brothers. We were quite poor growing up, compared to many in the U.S. My parents divorced when we were young (both admit responsibility for the derailing of their marriage), and us kids stayed with mom, which was the norm back then.
Want to start chipping away at your debt? Then the best thing you can do is take action. Even if you don’t have a perfect plan, doing something is going to be much more productive than not taking any action at all!
Some experts will tell you that there are some types of good debt- but is that really true? All debt is risk & if you have it you are in a risky situation.