Category Archives: Credit

Cash or Credit?

Good Debt vs Bad Debt

Being that I work in equipment finance, I need to clear a little something up in regards to debt: Regardless of what you hear on the TV and such, debt is not evil, debt is not bad, and debt is not responsible for the economic slowdown. At least not good debt. What’s the difference you ask? Well, it’s… Read More »

Free Credit Reports are Scary!!!

More and more, it seems there are TV commercials and internet ads offering to get you your credit report for free. But is it really free? Because if it is, who pays for those TV commercials? Of course these places aren’t free! Oh, they’ll get you a free credit report alright, it’s just that you have to sign… Read More »

Well…-Long pause

Trust me, I don’t want to hear a heavy sigh immediatly after I ask “How’s your Credit History?” Technical- Credit is the provision of resources by one party to another party where the second party does not immediately pay the first party for the resources in full, thereby generating a debt, and instead arranges either to pay for… Read More »