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: Contrary to what you might 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 is Good Debt? What’s the… 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 »

When lenders compete, you’re the victim!

If you’ve spent any amount of time watching television, it’s likely you’ve seen the various commercials that purport to have banks and lending companies “compete” to offer you the lowest feasible rate. In the same vein, you may have also stumbled across online banner advertisements, promising unbelievably low monthly payments for mortgages or refinances. Regardless of whether they… Read More »