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Breaking Down Credit & Credit Cards with Jordan Goodman

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Sinopsis

Original Show Notes: Mastering Your Credit and Credit Cards Today we are excited to welcome back a past guest who is a wizard when talking about student loans and now credit. Jordan Goodman is also known as America’s Money Answers Man- Welcome back! [2:14] Should people have more than 1 credit card? ·      Yes- you want to build credit ·      3-4 cards is the ideal amount ·      Cards that have benefits for your life ·      Guidetocreditcard.com [3:10] A listener wrote in: My boyfriend thinks that you should have a revolving balance on your credit card. Can you explain to him why this is a bad idea? ·      Because you’re paying interest ·      Does not help your credit score ·      Debt management plan cambridgecredit.org [7:11] Fraud is a scary thought to almost all Americans. Is there a way to get errors off your credit report? ·      Yes- there’s a whole procedure ·      Fair and Accurate Credit Transactions Act ·      Tourdecredit.com- helps improve credit reports [8:58] Listener scenario: A 21-year-