Whether you like it or not, you and your credit score are inseparable. Your credit score, also referred to as your FICO credit score, can either be your secret weapon or your Achilles’ heel. Thankfully, you have some control over where you fall on the credit score scale between 300 and 850. How credit scores work The better credit score you have, the less it will cost you to … [Read more...] about How to Repair Your Credit Score
Credit & Debt
Develop a better understanding of credit, credit cards, and good and bad debt with our Credit & Debt series of articles, guides, interviews, and resources.
Often, credit and debt are considered two obstacles to building wealth. However, using credit, credit cards, and debt properly and wisely, can actually help you achieve your financial goals.
From understanding credit scores to knowing what credit cards to use to tips on obtaining the right auto or home loans, Thrive By 30 has you covered.
Getting into credit card debt is easy. For some, it’s a one-time emergency that lands them in the hole by several thousand dollars. For others, poor spending habits that slowly add up over time are to blame for their high credit card balance. Getting out of debt is anything but easy. In fact, we know that the average American household has $7,996 in credit card debt alone, … [Read more...] about The Best Ways to Pay Off Credit Card Debt
What is a credit score? A credit score is the adult version of your grade point average (GPA) in school; it is how banks and lenders judge your ability to be responsible with credit and pay back loans. Similar to how colleges and universities used your GPA to judge your ability to do well and succeed at their school, your credit score demonstrates your overall … [Read more...] about Everything You Need to Know About Your Credit Score
When a student starts college, the goal is to graduate with the best shot at success in life. But with outstanding student loan debt now totaling more than $1.3 trillion, many students start their careers putting hundreds of dollars a month aside to pay off student loans. That burden can force them to delay buying homes, cars, and even starting a family. If student loan debt … [Read more...] about How to Pay Off Student Loans Fast with These Steps