Author: David B. Coulter

Missed House Payments and Evictions: How Do They Affect Credit Scores?

Many households across the nation continue to face economic uncertainty, so what are the short and long-term effects of missing a rent or mortgage payment? Can an eviction or a missed mortgage payment affect a credit score? Factors That Contribute to a Credit Score Let’s first have a look at the factors that contribute to…

The What, Why and How of Teaching Children About Credit Reports

A popular viral Facebook post asks parents if schools should teach kids financial literacy. It’s a good question. The fact is that few schools teach kids basic facts about credit — simple things like how to get a credit report, how to improve their credit scores, or even why credit scores matter. It’s also a…