About the author:
Sean P. EgenAfter realizing he couldn’t pay back his outrageous film school student loans with rejection notices from Hollywood studios, Sean focused his screenwriting skills on scripting corporate videos. Videos led to marketing communications, which led to articles and, before he knew it, Sean was making a living as a writer. He continues to do so today by leveraging his expertise in credit, financial planning, wealth-building, and living your best life for Credit One Bank.
That store credit card you’re thinking about opening—you know, the one the sales clerk says will save you 20% off today’s purchases—may not be as good a deal as you think. While there are definitely upsides to having a store credit card, there are downsides you should consider as well before saying “yes” to that persuasive clerk.
As vacation season draws near, thoughts turn to getting out of Dodge for a couple of weeks and letting time away wash away the stresses of everyday life. But, as all the stressors of actually planning and paying for a longer holiday start to creep into the equation, that picturesque getaway you envisioned in your head can quickly morph into a Trip-zilla that induces more stress than it could ever hope to relieve.
The scariest part of change can be the unknown. But sometimes the known, as in continuing with the same behaviors that aren’t achieving the desired results, can be even scarier. Take your credit. If a good credit score is important to you but seems to consistently elude you, it may be time to alter or abandon some of the habits and behaviors keeping it at bay and adopt new ones.
Nothing lasts forever, but the information in your credit reports—both good and bad—can stick around for a long time. Just how long? It can vary from state to state and differ in each individual credit report, but here are some basic guidelines.
Your credit score is a three-digit number that expresses your creditworthiness to potential lenders. So having a good credit score should really only matter if you’re actively applying for credit, right? Wrong. Your credit score can affect more than just your ability to get a credit card or loan. And the higher it is, the more opportunities it may afford you in life. Having a good credit score is important because…
No, this is not an article about the golden ratio that’s so prevalent in nature and architecture. There will be no dissecting the number phi (φ) or explaining the Fibonacci sequence or diving into any other mysterious-sounding terms you may have heard in blockbuster thrillers about searching for hidden meanings in Renaissance works of art.
After realizing he couldn’t pay back his outrageous film school student loans with rejection notices from Hollywood studios, Sean focused his screenwriting skills on scripting corporate videos. Videos led to marketing communications, which led to articles and, before he knew it, Sean was making a living as a writer. He continues to do so today by leveraging his expertise in credit, financial planning, wealth-building, and living your best life for Credit One Bank.
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.