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Upromise by Sallie Mae World MasterCard Review

When Sallie Mae was first established in 1973 as the Student Loan Marketing Association, it was a government-sponsored enterprise that serviced federal student loans. However, during Bill Clinton’s administration back in 1994, it was determined that Sallie Mae should be restructured into a private company.

3 Credit lessons Every 18 Year-Old Should Learn

The public school system doesn’t teach young adults how to use credit wisely. The responsibility to teach youth how credit works and how to use it wisely falls upon the heads of parents, but the fact is most parents either have no clue themselves or simply never take the time to pass this knowledge along to their children.

The JetBlue Plus Card offer is currently not available from Creditnet.com

However the below card(s) are recommended by Creditnet as a great alternative to the JetBlue Plus Card:

JetBlue Plus Card

What is an APR? How do APRs work?

If you have ever applied for a credit card or received a credit card offer in the mail, then you know that the lower the APR, or annual percentage rate, the better.

But do you know how APR is calculated for credit cards? And that it impacts the true cost of the things you pay for on a card? Keep reading for a short primer on everything you need to know about credit card APRs.

Different Credit Bureaus, Different FICO Scores

My first introduction to the fact that there are 3 different credit bureaus and they give different scores was a rude awakening: I was getting a loan, and the lender used the lowest of my three credit ratings to determine the interest rate they offered me. I was surprised to hear I had three different credit scores and to find out that most lenders have a preferred credit bureau when they are pulling scores. But the truth is stranger—you could have hundreds of credit scores!  Find out why each score is different and which are the most important ones.

Start Teaching Your Children About Money Early

When should you start teaching your children about money?

Many parents simply take care of their family finances, but it is important to educate your children about money early on. You don’t want to wait until your children move out for them to realize that money doesn’t in fact grow on trees. It is incredibly important to start teaching your children about money at a young age so they can become financially responsible adults.

on Thu, 2017-08-24 23:54

Cash But No Credit? How to Build a Good Credit Score

Achieving a good credit score isn’t a mystery, but if you do not have an established credit history, you may not know where to start.  Your credit score is built over time.  Although it can take a number of years to build an excellent credit score, the sooner you get started, the better.

In this blog post, we explain why having a good credit score is beneficial and how you can start building your credit today.

Pay Off Student Loans or Save for Down Payment?

School is behind you and you've been lucky enough to land a decent job, but cutting monthly rent checks is getting old fast. Is it time to bite the bullet and finally buy a place of your own?

The decision would be a lot easier to make if it weren't for those big student loans hanging over your head. So, should you pay off the student loans faster or put more of your hard-earned money towards a larger down payment?

on Tue, 2017-08-08 16:18

Ask Creditnet: How Many Credit Cards Should I Have?

Colorful credit cards Dear Creditnet: What is a good number of credit cards to have in order to optimize my FICO credit scores? Is it possible to have too few or too many credit cards? - Jenny from UT

Barclaycard CashForward™ World Mastercard® - Rewards on top of rewards!

If you are like me and love credit cards with cash back rewards, the Barclaycard CashForwardTM World Mastercard® may be a great option for you. Not only do you get cash rewards on every purchase, but you also get $200 in cash rewards if you spend $1000 during the first 90 days, and extra rewards just for redeeming rewards!  Read my full blog post to see why this card is my current favorite.