From the category archives:

Credit

Stop Identity Theft with a Security Freeze

April 28, 2010
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While there isn’t one silver bullet to protect yourself from identity theft freezing your credit reports with a security freeze is an excellent and inexpensive way to limit your potential losses. In essence it puts a hold on your credit file so that you can’t add any additional credit lines without unfreezing the account first. [...]

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Stop Obsessing on Your Credit Score!

April 21, 2010
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There’s an almost religious fascination with credit scores these days, even and especially on personal finance blogs. What’s your score? How much has it gone up (or down)? What’s your credit utilization rate? (I REALLY love THAT one!) How long have your credit lines been open? Do this or that and raise it higher. There’s [...]

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Why Debt Counseling Services Don’t Work for Most People

April 14, 2010
Debt Consolidation

It’s hard to watch TV for an hour these days without seeing at least one commercial for a debt consolidation service. The ads are convincing; just one call starts you on your way to debt freedom. “Just call us and we’ll take care of it all.” How comforting that sounds to people drowning in debt! [...]

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What’s a Good Credit Score? Should you Care?

February 9, 2010
What's a Good Credit Score?

Usually our conversations here are limited to getting away from credit but I want to talk about something you cannot ignore which is your credit score or its official name the FICO score more important we’ll answer the question: What’s a Good Credit Score? FICO is a reference to the company that manages the reporting [...]

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