The following is a guest post from Moneysupermarket.com. How Bad Debt Credit Cards Can Help You If you find yourself with a bad credit score, it may be hard to believe that a credit card can help you get things back under control.  Note that not all credit cards will be beneficial and it may be difficult to get approved for others. It is important to find the right opportunity and take advantage of it by making your payments on… Read the rest

It's a good idea to keep an eye on your credit score as it can help you gauge your financial health.  I know, I know… Dave Ramsey says “All it tells you is whether you are good at borrowing money and paying it back. ”  I just can't completely agree.  Perhaps if you are independently wealthy like Dave Ramsey, then you don't need to care one bit about your credit score.  However, if you're like most of the rest of… Read the rest

A credit card arrived in the mail a few weeks ago from Bank of America.  Mr. A asked me, “Since when are we banking with Bank of America?” I told him I must have an account with them, but I don't use the account at all so I would be shredding the card. I didn't quite get around to that, and I was glad because of what happened next. Last weekend I was reconciling my checking account and I noticed… Read the rest