Credit Archives - Page 2 of 3 - Judith Heft & Associates

Credit Scores And How They Impact Your Financial Life

by Judy Heft | Dec 10, 2021 | Consumer Issues, Credit, Finance

Your credit score is one of the most important measures of financial health. It tells lenders how responsible someone is with their finances. Good credit is the key to better deals on everything from insurance to mortgages. A FICO credit score is a number between 300...

Forget Facebook Quizzes

by Judy Heft | Dec 8, 2021 | Consumer Issues, Credit, Finance, Fraud, Identity Fraud, Technology

Your Uncle Jeffrey has shared a quiz that he did on Facebook about what kind of superhero he would be. While that looks tempting to do, it’s best to steer clear of any and all social media quizzes. The topics might be lighthearted, and a lot of the questions might not...

Creating A Spending Plan

by Judy Heft | Nov 2, 2021 | Consumer Issues, Credit, Finance

The word “budget” is perhaps the only four-letter word that has six letters. Budgeting isn’t always the nicest word to use when talking about money. For many, it’s full of negative connotations. It can feel restricting about where your money can go. This often makes...

Credit is Essential

by Judy Heft | Oct 27, 2021 | Consumer Issues, Credit, Divorce, Finance

Your credit score is vital to your financial well-being, yet so many of us don’t even know what it is. Keeping track of it is important, especially if you’re at a transition point in your life. For example, a divorce never results in a decrease in spending — the...

Don’t take the forbearance for granted

by Judy Heft | Aug 18, 2021 | Coronavirus, Credit, Finance, Fraud, Paying For College

For many, student loan debt hovers over them like the sword of Damocles — ready to come crashing down on their lives and, in some cases, livelihood. The choice is stark: Paying rent or paying your student loan bill. Even income-based repayment programs are completely...

Be Smart About Cancelling Credit Cards

by Liz Levy | Apr 28, 2021 | Credit

Cancelling a credit card might seem like a simple task: You call, you cancel the credit card. But, in actuality, it could hurt your credit. There are a lot of things to consider before you cancel a card, and then how you do it. Most people don’t realize that closing...