Kelty Wallace

Oftentimes, we as consumers refer to our ‘credit’ when talking about our personal finances. In order to be approved for a loan we need “good credit”, but what does that mean? Credit information comes in two forms: reports and scores; both will tell us our financial standing, but each contains unique information and serves a specific purpose.

So A Guy Walks Into A Bank - and hears “Well hello and welcome to the bank! Would you like to open a credit card with us today?” The customer says yes, submits an application, and is rejected. That’s not a very good joke or customer experience.

This is not a list that requires you to be overly proactive. I, myself, have always had difficulty cutting coupons, eating at home, budgeting, and doing many other activities that often appear on lists of this kind. Here are five ways I have found that will help you save money with little to no effort.

Often as consumers, we refer to improving our credit scores or our credit scores dropping, but do we really know what goes into building a good credit score? The basic components of a score can be classified into five categories: payment history, debt ratio, length of credit history, types of credit, and inquiries...