credit cards VA loan

Having a Credit Card: Important or Not

In the self-focused society we have turned into, buy now pay later and instant gratification are promoted. Credit cards are a way of life for a lot of households, and it can cause a lot of financial woes. So much so that many consumers are shifting away and going to “cash” (Debit card usage is at an all time high), …

Michael ClarkHaving a Credit Card: Important or Not
build good credit after bankruptcy

How Do I Build Good Credit After a Bankruptcy?

Pardon me for a second while I write a nasty word… Bankruptcy. Now that the fowl language is out of the way, what can be done to recover. I don’t just mean our relationship from my bad language, I’m talking about your credit. Some consider it the end of your credit, but it doesn’t have to be. It was designed …

Michael ClarkHow Do I Build Good Credit After a Bankruptcy?
Holiday shopping credit mistakes

Top Credit Mistakes During the Holiday Season

As the holiday season approaches and retailers push to make 60+ percent of their annual revenue 4Q 2013 there are a few pitfalls to be aware of. G.I. Joe once said knowing is half the battle. The other half is making good decisions. 1. Know your limits. The optimal usage on revolving lines is no more than 30% of your …

Michael ClarkTop Credit Mistakes During the Holiday Season

Will Authorized User Access on a Credit Card Build My Credit Score?

As you may have noticed, most answers when it comes to building credit are multi-part answers and in a lot of cases based on what your goals are. You can research all day long and find varying answers to this question. In an attempt to give you the most accurate and up to date information let’s start with defining authorized …

Michael ClarkWill Authorized User Access on a Credit Card Build My Credit Score?
Credit card for Building Credit

How You Should Really Use Your Credit Cards

There is a common misconception about carrying a balance on your credit cards. Some people think you have to in order to show you can make payments, however that is not the case. The only thing carrying a balance does is accumulate interest and cost you money. It is always advised to pay your credit cards off each month, but …

Michael ClarkHow You Should Really Use Your Credit Cards
Passively building good credit

Passively Building Good Credit

Some people when asked about their positive credit lines will say, “I pay all of my bills on time. I’ve never been late on my electric, cell phone, cable, etc.” What most people do not realize is those bills do not report to your credit in most cases unless they are in collections. The number one key to having good …

Michael ClarkPassively Building Good Credit