My Blog, Your Money

With the start of the new year, have you made any resolutions?  If you did, how are you doing on those?

If improving your credit is one of them, I suggest getting your credit report from annualcreditreport.com and then learning more about managing your credit at Credit Fairy.  There’s even some quizzes you can take at the latter.

I did pretty well on the Credit Myths Quiz only missing one, but I have to bone to pick on that one.  The third question states “Paying cash for every purchase hurts your credit.”  I said False, but the “correct” answer is True.  I still stand by my answer though because while paying cash doesn’t help with credit, I think the effect is actually none instead of negative.  So if you miss that one too, I don’t think you need to worry.  The Credit Literacy Quiz on the other hand is a whole ‘nother animal.