Chile, You Don’t Need A Credit Card!

This blog post was initially going to be about the necessity of a credit card.  I experienced an incident with my daughter at a local car rental place that left me feeling that credit cards were essential.

I was never so disgusted when my eldest daughter, who does not have a credit card, reserved a car and was given such a hassle when she wanted to pay with her debit card.  They required bills in her name and an additional security deposit just to use her debit card!

5 Credit Report Myths

According to Experian’s sixth annual State of Credit report the average Vantage credit score of Jacksonville Florida residents is 654 on a scale of 300 to 850. The Vantage credit score’s national average is 673 on a scale of 300 to 850. The above scores rank fair on the credit rating scale.

Understanding how credit scores are developed elude most people. Unfortunately,  people don’t want to admit that fair/poor credit is attributed to a lack of education regarding how money management decisions affects creditworthiness.