Term: authorized user
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5 Ways Your Kid Can Hurt Your Credit

By Steven Shaw on 10/13/2014

5 Ways Your Kid Can Hurt Your Credit

There’s plenty of information out there on what it costs to raise kids, so we know they can lighten your wallet. But they can also flatten your credit. But while paying for kids’ care is part of a parent’s job, letting your credit suffer because of their actions isn’t.

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Co-Signer
credit
credit score

I’m Debt-Free, So Why Did My Credit Score Drop?

By Steven Shaw on 5/20/2014

debt-free 

Getting out of debt is a good thing, so why do some consumers see their credit scores decline after paying it off? There’s a common misconception that you must be in debt to have good credit, but that’s not the case. You do, however, have to use credit to earn a good credit score, and it’s sometimes difficult to see the difference.

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credit cards
credit score
Debt-Free
secured card