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Tips for Protecting Your Identity

Saving Cents With Sense

Avoid becoming a part of this statistic by taking a few precautionary steps to keep your personal information safe. Only give your social security number out when absolutely necessary, and take the proper steps to ensure it’s not spread to inappropriate channels or people who will take advantage of the information.

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Best College Student Credit Cards of February 2024

Savings Corner

For example, good credit can improve your chances of landing a job or renting an apartment. When you submit an application to rent an apartment, the landlord may look at your credit score to gauge how likely you are to pay your rent on time. These companies gather the information used to calculate credit scores.

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50 Best Small-Business Ideas – NerdWallet

Savings Corner

Or, you could buy property of your own (if you have the business funding, of course) becoming a property manager or landlord, renting out the space to tenants, maintaining the property and serving as their point of contact for any potential issues. If so, use this knowledge to your advantage and consider starting an IT consulting business.

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Ways to Build Credit Without Relying Solely on Credit Cards

Prairie Eco-Thrifter

Also, consumers with the best scores hold a variety of credit accounts – for example, a mortgage, an auto loan and a credit card. Another person may have “thin” credit – that means insufficient information has been reported and FICO is unable to assign a score. Just use that conservative financial attitude to your advantage.