The Good That Credit Cards Can Do

Some say that no one should have a credit card.  They argue that charging purchases puts people on the path to financial ruin.  To be sure, there are people who would be better off without credit cards.  However, just because some people get into car accidents doesn’t...

What To Do With Unused Credit Cards

In my “Money, Purpose, Joy” workshop, I always get lots of questions in the section on credit scores.  And one of the most common questions is whether to close old, unused accounts.  The general answer is no, as explained in detail in this helpful Bankrate.com...

A Credit Score Short Course

Your credit score impacts everything from the interest rate on your mortgage, to your insurance premiums, to whether you’ll get the job you applied for.  According to MSN’s Liz Pulliam Weston, today’s ideal is to have a score of 740 or higher (scores range from...

The Credit Card Game is Changing

Sweeping changes are coming to the credit card world, with issuers facing many new rules and regulations starting February 22nd.  The Credit CARD Act will restrict issuers’ ability to raise interest rates, prohibit them from charging various fees, and more.  As a...