Want your teen to learn to use credit without risking a debt dilemma? Get a credit card with training wheels.
Suzy Orman explains the basics about the “Universal Default” used by credit card companies to charge you very high interest rates. More info at: SCCRealEstateUncensored.com MiCasaMiDinero.com
Consumer Reports takes a look at how satisfied people are with credit card companies.
Build your credit by reporting your own on-time payments that ARE NOT reported to the major credit bureaus. PRBC (Payment Reporting Builds Credit) allows you to self-report the details of your rent, utilities, cell phone bill, and other basic account payments so you can build a credit file and score for yourself. Credit guru John Ulzheimer tells CNBC’s Carmen Wong Ulrich how it works…