Your ability to get future credit is based on your past and current experience. • Do you pay your bills on time? On time payments represent 35% of your credit score, the largest single factor considered by the credit bureaus. The ability and willingness to pay on time tells any future creditor that you are […]

Found this great quiz over at creditcards.com. It’s a must if you’re starting out and eager to get your hands on that first credit card. Click the read more link to actually complete the quiz and get your score. So, young adult, you want to become independent? Good! You want to get a job? Good! […]

Reverse mortgages have been around for nearly 20 years, but it wasn’t until the current financial crisis that they caught on. Seniors are turning to these loans to tap the equity in their homes and generate tax-free income to help them ride out hard times. For Frank and Carol Rider, a reverse mortgage is providing […]