Step Back and See How Credit Has Monopolized Our Lives
In the financial world, the word “credit” is used to hide the word “debt”. If we replaced all financial terms that has the word “credit” with the word “debt”, we’ll probably find yourself less likely to utilize our “debt cards”. When we are asked, “what is your credit?”, we usually answer with our FICO credit [...]
8 Things That Do Not Affect Your Credit Score
A couple days ago, a friend asked whether checking his credit report would hurt his credit score. After telling him that it didn’t, I realized that there is a lot of information on what can hurt your credit score. What about the things that do nothing to your credit score? The Types of Credit Inquiries [...]
Analyzing My Student Loan Repayment Plans
When I calculated how much debt I had accumulated after 4 years of college, I made the foolish mistake of forgetting that you always owe more than you borrowed when dealing with major loans. Recently, the official mail came in from ACS Education services giving me the choice between two repayment plans so that I [...]
How Much Debt Do I Have After 4 Years Of College?
Credit cards, car loans, and student loans are the most common portals for a college student to fall deep into debt. Some come out so far down the hole that it takes years to clear their debt. I, on the other hand, am much more fortunate than most students. My Debts I attended a state [...]
The Credit Report Security Freeze I Did Not Request
So I tried to access one of my free annual credit reports from Equifax yesterday and I was told they couldn’t give it to me because of a security freeze. Last year, when I checked my report before opening my first credit card, everything was fine. That moment of fear struck me, assuming someone had [...]
