Credit Ups & Downs


Credit Ups & Downs

Your credit can determine what kind of car you drive, what neighborhood you live in, and in some cases, whether or not you get a job for which you applied.

With so much riding on your ability to manage debt and pay bills on time, it’s important to learn as much as possible about how to establish and maintain good credit.

Qualifying for Credit
Even the debt-management challenged may take heart: Where there’s a will, there’s a line of credit.

Debt vs. Investment
They say you have to spend money to make money. Unfortunately, they don’t tell you whether or not to hold off investing until you’ve paid off the debt you’ve incurred.

Credit Cards
It can seem that there are more credit cards available to you than ways to use them. Before you start filling your wallet with plastic, find out what type of credit card best matches your needs.

Getting a Loan
You’ve got to have decent credit to buy a car or a house. Here are a few ideas to help you qualify for a loan.

The hard truth: a bankruptcy filing will stay on your credit report for seven to ten years. Find out more about the types of bankruptcy filings and their ramifications.