Credit

Credit 101: What Is Credit And How Does It Work?

According to a NerdWallet survey conducted by Harris Poll, most Americans don’t understand how common actions can affect their credit scores. This can have a seriously negative impact on their financial situation. Here are a few tips on building your credit – a smart money habit. Building (and maintaining) a solid credit background can strengthen your negotiating […]

Credit

Four Ways to Create a Cash Stash – How to Start an Emergency Fund

April is Financial Literacy Month, a great time for you to learn more about establishing and maintaining good financial habits. It is an opportunity to evaluate your plans to reach your financial goals – and that means planning for emergency expenses, too. You’ll be ahead of the game if you plan for unexpected expenses well […]

Credit

Balance Transfer Credit Cards: What You Need to Know

Zero. In many contexts, that sounds pretty great. Free stuff is what’s mostly associated with the number. That’s why it’s quite understandable that zero percent balance-transfer credit cards can seem so enticing. These offers allow you to move a balance from a credit card that charges interest to a card that doesn’t. Not a bad […]

Credit

What Millennials Need to Know About Credit

Millennials are a generation with a reputation for their cultural and technological knowledge.  Unfortunately, many young people are more wary of credit cards than older generations.  They either misunderstand or are unaware of the benefits of using credit cards wisely. And when it comes to being savvy about credit cards, they could learn much from their […]

Credit

Teaching Your Kids How to Build Good Credit

Your credit score can open doors – if it’s strong. If it’s not, it can slam those doors shut. But no one is born with great credit. Like most things worthwhile, it’s built and maintained over time. If your child is heading off to college, send them into the world with the knowledge they need […]

Credit

Understanding How Your Credit Can Affect Buying a Car

When you’re thinking about buying a new car, there’s more to consider than just what make and model you want to purchase. Along with making sure your car has a high safety rating and a large enough trunk to fit groceries, a stroller and soccer equipment, you’ll also want to be sure that your credit […]

Credit

Understanding Your Credit Score Can Change Your Life

  March is Credit Education Month, and while the topic may not seem exciting, your credit plays a huge role in your life, especially when it comes to buying a new car. That’s why it’s important to know how to keep it in the best shape possible. What Is Credit? Credit is the right to […]

Credit

Credit Scores: What Goes Into Them and What Affects Them

Your credit score plays an important role when financing a vehicle.  Once you’ve found the right car or truck, your credit score helps determine first if you’re qualified for an auto financing contract, and second, the finance rate associated with the credit. It’s a powerful number and according to Bankrate.com, it pays to maintain a […]

Credit

A New Study Suggests Your Credit Report May Not Be Accurate

If you pay your bills on time and are responsible with your credit, you’ll usually be rewarded with a good credit score. But recent findings suggest that even if you follow these basic rules, you may still want to take a close look at your report. A new study by the Federal Trade Commission examined 1,001 […]

Credit

A New Study Suggests Young People Need to Be Educated on Credit Card Debt

Readers of Straight Talk know that financial education for young people is something we consider to be very important – and a recent study suggests the need for this kind of education is as necessary as ever, especially when it comes to using credit responsibly. A study published in the January issue of the journal […]