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Posts in Credit 101

3/24/15  Credit 101
Understanding APRs when shopping for a loan

When you’re shopping for a loan, it's important to understand how much it will cost you to borrow the money and pay it back, including principal, interest and fees. As you look at different financing options, you'll see the term APR. Learn what APR is and how it helps you to shop for a loan. 

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1/29/15  Credit 101Up Your Security IQ
Five tips on how to book and pay for a hotel

Vacationing at a hotel should be fun, with a minimum of hassles. But if you’re not in the know, you may encounter some snafus that will drain your pocket book and ruin your fun. Here are five tips to know about how to book and pay for a hotel.

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1/7/15  Credit 101Getting Out of Debt
Repairing your credit

Repairing your credit is a long process, but it is a rewarding one! Start today and kick your New Year off on the right foot.

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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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