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Posts in Credit 101

11/1/14  Credit 101Getting Out of Debt
Will you find a credit card in a Millennial’s wallet? Not likely.

Look into a Millennial’s wallet and what are the odds that you’ll see a credit card? Only 37%! Millennials, after weathering the Great Recession and becoming averse to financial risk, generally see a credit card as a means to spend money they don’t have and a sure-fire way to go into deep debt. Meanwhile, in the long term, by not using credit cards as a credit building tool, they could be putting their future credit at risk. 

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10/7/14  Credit 101Savings & Retirement
Borrowing against your 401(k)

Learn some of the factors you need to consider if you are thinking of borrowing against your 401(k) plan:

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9/25/14  Credit 101Getting Out of DebtSmart Spending Tips
Controlling your “bad” debt

Learn what personal finance experts consider to be "good" and "bad" debt, and get some tips on how you can get your spending under control and reduce your bad debt. 

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9/2/14  Credit 101Getting Out of DebtSavings & Retirement
Recent college grads: Earn an A+ in handling your finances

Most students graduate from college without a money management course. Once they enter the “real world,” it’s time for them to master their finances and get smart about handling financial challenges. Here are some pointers to help young grads on the road to economic well-being. 

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8/18/14  Credit 101Smart Spending Tips
Getting the Best Car Deal

NerdWallet shares tips on purchasing a new car, including financing, choosing a dealership, timing your purchase, deciding on add-on features and the difference between invoice price, base price and sticker price. 

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8/1/14  Credit 101Up Your Security IQ
Traveling outside the U.S.? Take along an EMV chip credit card

More than 2.36 billion people use EMV chip-enabled credit cards. Learn why these cards are becoming the norm worldwide, how you may encounter trouble paying for purchases outside the U.S. without one – and how to request your own EMV smartcard from Alliant today.

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