The 20 Greatest Myths About Credit and Debt

MYTH #1 My financial condition is so bad that my situation is hopeless. REALITY Although you may not be able to find the perfect solution, you probably have some choices about how to best resolve your situation. Open your mind and be realistic about your options. MYTH #2 If I don’t use credit, I’ll never … Read more

Should I Forego Credit Completely and Just Live on Cash? – Lady Chicken

Lady Chicken “Dear Steve, I have just under 50k in student loan debt and 8k in unsecured debt. I will have paid off the 8k by June or July of 2009. My credit is horrendous and even though I have am now current on all bills I do have a credit file with a redeemed … Read more