Category: Credit

Credit Is Everything but not what you think!

Credit is everything, and everything is credit  – YNOT Let me tell you a secret, though it’s hardly a secret at all: the whole world runs on belief. Not on gold, not on dollars, not even on bitcoin—it runs on credit. And credit, if you trace it back to the old Latin root, comes from credere, meaning to believe. Once upon a time, a man would lend his neighbor a sack of grain because he believed he’d get it back after the harvest. Today, a bank lends you a house you can’t afford, because it believes you’ll spend thirty … Continue readingCredit Is Everything but not what you think!

DAY 8 – Your Credit Score Matters More Than You Realize

If there’s one thing in life that can sneak up on you like a cat burglar in the night, it’s your credit score. You can go years without giving it much thought, treating it like an old acquaintance you nod to in passing but never invite over for dinner. Then, one day, you decide you want to buy a house, and suddenly, the bank wants to talk about this old friend of yours like it’s a matter of national security. Many moons ago, I found myself in a peculiar predicament. I had once possessed good credit, then bad credit, … Continue readingDAY 8 – Your Credit Score Matters More Than You Realize