Category: Credit

Federal Trade Commission – A Credit Monitoring Case for Consumers

Federal Trade Commission – A Credit Monitoring Case for Consumers

One of the challenges consumers have to watch out for in today’s diverse and complex financial world is identity theft and financial fraud.  Many consumers choose to enlist third-party credit monitoring services to keep a look out for fraud.  Money smart consumers also know that maintaining a solid credit score is really important.  After all, […]

October 4, 2016 | By More
Paying College Tuition Using a Credit Card

Paying College Tuition Using a Credit Card

Paying for college can be more complicated than just having the money.  Parents and students need to learn how to navigate the process of paying the bill itself.  According to a 2016 Sallie Mae survey, “2 percent of families put an average of $4,443 in college costs, including nontuition expenses, on credit cards.” (1)  It […]

August 30, 2016 | By More
EMV: Chip and Pin Credit Card Facts to Know

EMV: Chip and Pin Credit Card Facts to Know

Have you updated your credit card to the new chip-based card?  Did you receive a new credit card from your issuer utilizing the new EMV technology?  According to some reports, about 70 percent of U.S. credit card holders have a chip card.   However, it’s interesting to read the various newsfeeds and articles talking about this […]

May 3, 2016 | By More
College Student Strategies for Using a Credit Card

College Student Strategies for Using a Credit Card

In today’s Post, we wanted to briefly visit the conversation of credit cards for college students.  Out the gate, the thought of dealing with credit card management while a student may seem a circumstance to avoid.  However, let me share two thoughts regarding the value of credit card use in college when used judiciously and […]

March 1, 2016 | By More
Credit Cards: How to Be Organized and Avoid Fees

Credit Cards: How to Be Organized and Avoid Fees

Like it or not, credit cards are a part of our money life.  There has been discussion that some college students and working millennials may steer away from using credit cards in favor of debit cards.  However, a credit card can be a useful tool in developing a credit history.  But, and we mean a […]

January 14, 2016 | By More
Common Credit Card Myths to Avoid

Common Credit Card Myths to Avoid

We have talked before about how credit cards are such an integral part of our consumerism culture.  In fact, I’ve talked about how I use a credit card like my checkbook.  But, let’s be honest here, some consumers are staying away from the use of credit, namely millennials.  Today, we want to provide some article […]

June 15, 2015 | By More
Applying for a Job – Your Credit Report and Background Check

Applying for a Job – Your Credit Report and Background Check

Did you know that when you apply for a job, your prospective employer will run your credit and perform a background check?  In addition to updating your resume, LinkedIn profile, and ramping up your other content marketing projects, you want to add running your credit report to your checklist before starting a job search. As […]

May 14, 2015 | By More
Why Are Millennials Not Using Credit Cards?

Why Are Millennials Not Using Credit Cards?

Last year, I had a conversation with one of my financial literacy colleagues who is a professor at a local college in DuPage County, Illinois.  I recall her telling me that many of the millennial generation don’t use credit credits.  In lieu, they are more inclined to use debit cards. Recently, we had an article […]

May 4, 2015 | By More
Rules on Credit Cards to Keep You Safe

Rules on Credit Cards to Keep You Safe

Credit cards are an integral part of our money culture.  What is important for you as a money smart consumer is making certain you understand the rules on their use to keep your bottom line safe. We noticed an article in our news feed from Robert Harrow at the Huffington Post referencing four specific rights […]

April 16, 2015 | By More
How to Improve Bad Credit and A Low Credit Score

How to Improve Bad Credit and A Low Credit Score

Are you a consumer who is dealing with the aftermath of a challenging financial situation or poor money decision?  Maybe you’ve found yourself stuck with bad credit and a low credit score.  If you’re wondering how to dig your way out of the mess, there is hope.  There are a variety of actions you can […]

April 6, 2015 | By More