Can you live without credit? Yes, but honestly it’s not fun.  Even bad FICO score is better than no credit score.  When you have no credit history or score, people and businesses don’t know what to make of you.  They are unable to predict what sort of risk you are.  You end up paying A [...]

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3 Ways Your Credit Cards Can Make You Money

Everyone knows how easy it is to overspend with credit cards and be left with financial devastation! High interest rates, late fees, finance fees – credit cards can be our worst nightmare when not used responsibly. But did you know that you can actually make money [...]

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I was reading NoDebtPlan’s recent experience with CC.  He made a mistake in paying his CC off and is not hit with fees.  OUCH.  Couple of a things. 
One, this is probably why I just pay my bills and keep a 1 month buffer in my bank checking account. Yes, it’s a huge “waste” of money [...]

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Now, let me preface by saying Credit Cards are like Guns, in the wrong hands they can do tremendous damage, but properly learned and used they are invaluable. 
Why Gas?  Well you have to buy it anyway so you might as well save 5% on the purchase.  Will you really change your driving habits because it’s [...]

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What is going onnow in the US?  Haven’t we learned anything from the housing boom and crash?  That our homes are not ATMs?  That we can’t keep cashing out equity to pay for our lifestyles?
Apparently not.  Here the New York Times presents an article where people are now able to get a Visa Debit Card [...]

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According to Money Magazine in this article consumers are getting to weigh in before Federal Reserve Board decides whether to pass new laws regulating credit card companies.  These laws will regulate the rates charged by credit card companies, the doubling billing practice, and protecting consumers from overdraft fees.
I think this is a good idea.  Credit Cards like I’ve [...]

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Many people might disagree with that statement. But the truth is when you are travelling you’re better off using a credit card. Maybe it’s not so bad if you don’t leave the US to only use a debit card, but if you travel at all internationally be prepared and take a credit card.
First you’ll need [...]

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