Joshua Heckathorn

Home / Author / Joshua Heckathorn
Joshua Heckathorn's picture
Joshua Heckathorn

Joshua Heckathorn was President of Creditnet, is a credit expert and has been featured on CNNMoney, FOX Business, Yahoo Finance, The Street, and many other national publications during the past ten years.  He received a Bachelor of Science in Management (Finance) from Brigham Young University's Marriott School of Business and earned his MBA from Seattle University.

Visit 's Google Plus profile for more.

Recent Blogs

American Express Prepaid Debit Card Now Allows Direct Deposit

The American Express Prepaid Card hit the market in 2011 and garnered a great deal of attention since it had a very low fee structure compared to competing prepaid debit cards. Unfortunately, the card offer was quickly criticized by a lot of consumers as well because it lacked a key component— the ability to direct deposit paychecks onto the card. For consumers without bank accounts who might have been interested in the American Express Prepaid Card because of its low fee structure, the inability to set up direct deposit from their employers was often a total deal killer. Amex's $200 limit on ATM cash withdrawals wan't that appealing to potential cardholders either.

Ask Creditnet: Pay Off Credit Cards vs. Installment Loan

Dear Creditnet: Will it be better for my credit scores if I pay down my credit card debt (I have about $8000 in balances) or pay off an installment loan of $10,000? I am looking to buy a home in the next year and I need to improve my credit score about 50 points. - Pete from GA

To Sign or Not to Sign? Does the "See ID" Practice Really Work?

ID There's a lot of confusion among consumers about whether writing ‘See ID” on the back of a credit card is a smart move. I can certainly understand why, since there's a great deal of conflicting information available on the web. While it’s tough to prove this practice will actually prevent identity theft, I personally find it hard to believe it hurts. However, as far as Visa and Mastercard are concerned, a credit card is technically not valid unless it's signed. Merchants are even instructed to not accept credit cards without signatures.

SimplyCash Small Business Card from American Express Review

Access to a revolving line of credit can make or break a small business, especially during the start-up stage when cash flow can be so difficult to predict. However, finding a bank that's willing to lend to small businesses these days is not an easy task! The reality is not many are left. Fortunately, there are still a few credit card companies that remain committed to providing business owners with small business credit cards, which can serve as an excellent alternative to traditional lines of credit. American Express is not only one of those credit issuers that still offers a suite of small business credit card options, but they also happen to offer one of my favorite no annual fee credit cards for business— the SimplyCash® Business Credit Card. Here's a brief overview of the top things I like, and don't like, about AmEx's SimplyCash® Card:

Ask Creditnet: How Long Will a Bankruptcy Last on Your Credit Reports?

Dear Creditnet: I filed Chapter 7 bankruptcy on April 1, 2009, and I've avoided any type of credit since then. I haven't even checked my credit scores in years. When will the bankruptcy fall off my credit reports, and will it happen automatically? If it doesn't happen automatically, what do I need to do to convince the credit bureaus to remove it? - Jake from WI

Pages