Credit & Debt

Image of a Pile of Credit Cards

Andrew Tobias once said “You want 21% risk free? Pay off your credit cards.”

That’s great advice. When used responsibly, credit can be a powerful tool. But when abused, it can be a dangerous thing.

Like it or not, credit and debt are an integral part of modern society.

This page is home to articles about all aspects of credit and debt. Topics of interest include credit card offers, debt reduction, signup bonuses, reward cards, balance transfers, credit scores and reports, interest rates, and more.

Free FICO Credit Score from Discover Card

by Michael on Jan 27, 2014

There was a time when your credit score was a closely guarded (and costly) secret. But that’s been changing. For example, as I noted awhile back, the Barclaycard Arrival World MasterCard started offering free access to your FICO score via their website. These scores are updated monthly. And now Discover […]

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Have you checked your credit report recently? I have. In fact, I pulled my Equifax credit report (for free) just last week. Care to guess what I found? Absolutely nothing. Or at least nothing out of the ordinary. Just my boring report. But, when it comes to credit reports, boring […]

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Free Credit Monitoring (the DIY Way!)

by Michael on Jan 15, 2014 · 4 comments

In the wake of the massive Target data breach, I’ve decided to throw together a free, diy credit monitoring system. Yes, Target is offering a year of free credit monitoring, but that only covers your Experian credit report, leaving Equifax and TransUnion out in the cold. And it only lasts […]

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Earlier this afternoon, I received an e-mail from Target regarding their pre-holiday data breach. It seems that the more they investigate, the worse the situation gets. At first, they thought that hackers had snatched the credit and debit card info of 40M customers. But now they’re saying that the names, […]

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Would Financial Warning Labels Help?

by Michael on Jan 6, 2014

Have you ever been to a restaurant where the menus are labeled with the calorie contents of each dish? They don’t label menus around here, but I often see it when I travel. And, though such labels may have little effect on the average diner, seeing those numbers always makes […]

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A former employee recently asked me about mortgage gift letters. She had just accepted a new job and would thus be buying a new house in a different area. “My father-in-law is giving us some money to help with the down payment. Our realtor mentioned that the bank will probably […]

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Making the Most of Your AmEx Offers

by Michael on Dec 16, 2013

About two weeks ago, my wife and I signed up to get $25 off $75 at Amazon via our American Express credit cards. That offer has since gone away, but they have a ton more. As a reminder, you can access these offers from insider your AmEx account. Just log […]

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Barclaycard Arrival World MasterCard Review

by Michael on Nov 22, 2013

It’s no secret that I’m a fan of the Barclaycard Arrival World MasterCard. And yet… I’ve never really put together a comprehensive review of this card. Today, I’ve decided to spend a bit of time rectifying that. Before we go any further, I should note that there are two versions […]

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