The Truth of Credit

Educating the Least “Sophisticated” Consumer


Posts Tagged ‘Credit Problems’

Bail, Bail, Bail!!

Why is the government bailing out these companies?

In case, you have been in a coma the last few months, the US Stock market has recently gone in the toilet. The problem, however, started over 30 years ago. We have had too many people chasing too few jobs, therefore real wages have been declining since the [...]

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What if Wall Street had a FICO Score?

Is this the end of the world?

No, but if you read the Wall Street Journal today you may think so. Who would have thought Lehman Brothers, Merrill Lynch and AIG would go up in smoke at the same time?
Remember in October 2007 when the market was at its highest point in years? I bet all the [...]

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Ways of Establishing Credit

Where to do I start?

More than likely if you are worried about credit you have a checking account. If you have an account in good standing, most financial experts will say this is the best place to start establishing credit at your local bank. I
After a few months most banks will be willing to extend [...]

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Choosing a Gas Card

Is it really worth it to get a Gas Credit Card?If you fill up at the same gas station every week, then it’s probably a smart move especially if you get a credit card that focuses on one gas station so that you can save more money per gallon. However, if you’re the type that [...]

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Loan in 30 seconds, No credit required!

Do you ever wonder why there are no Payday Loans places in Beverly Hills or on Park Ave in New York? Would a Rich Guy/Gal ever need the services of a Payday Loan (or equivalent)? Simply no, because to them that would be financially stupid; as stupid as not paying you heating bills or utilities.

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