The New Rules About Medical Bills and Your Credit

By Lynnette Khalfani-Cox, The Money Coach®

If you’ve ever had big medical bills that you couldn’t immediately pay, you know how troubling and stressful that situation can be. Even worse: for many years, past due healthcare bills could wind up on your credit report if a doctor’s office, clinic or other medical facility reported your bill to a collection agency.

Continue reading

The Money Coach: How I Got Out of Debt and You Can Too

Meet the Money Coach

Lynnette Khalfani-Cox, The Money Coach®, is a personal finance expert, television and radio personality, and the author of numerous books, including the New York Times best-seller “Zero Debt: The Ultimate Guide to Financial Freedom.” Lynnette once had $100,000 in credit card debt, but she paid it all off in three years and turned her financial life around. SchoolsFirst FCU is pleased to partner with her to provide financial education and advice exclusively for our Members. Continue reading

How to Make a Secured Card Work for You

This article is reprinted courtesy of NerdWallet.

If you crave the convenience of credit cards but worry about getting in over your head, a secured credit card may provide an unexpected solution. While they’ve developed a reputation as an option only for those who need to build or repair credit, secured credit cards offer some unique wider benefits worthy of a second look.Couple Using Bank Card Online With a Laptop

Continue reading

Travel Smart Using Your Rewards Credit Card

By Dan Skaggs

Dan Skaggs is a product manager for SchoolsFirst FCU and is based in our Tustin office.

Whenever we get the opportunity, my wife and I love to travel, and we always use our SchoolsFirst FCU Rewards Mastercard® to make our vacations easier and more enjoyable. Over the years, we’ve been to Mexico, Brazil, Uruguay, Costa Rica, England, France, Spain, Portugal, Italy, Switzerland, Germany, Austria, the Czech Republic, Morocco and South Africa. Most recently, we enjoyed using our Rewards Card when we visited Singapore, Thailand and China.

Continue reading

It’s a Money Thing: Boost Your Credit Score

Credit scores are an area of personal finance that seem a lot more mysterious than they actually are. Many people believe that improving them is a matter of trial and error and, as a result, there’s a lot of “credit score advice” floating around that can end up doing more harm than good. We’ve rounded up and bunked four common credit score myths.

Continue reading

It’s a Money Thing: 4 Credit Score Myths Debunked

Credit scores are an area of personal finance that seem a lot more mysterious than they actually are. Many people believe that improving them is a matter of trial and error and, as a result, there’s a lot of “credit score advice” floating around that can end up doing more harm than good. Four common credit score myths have been rounded up and debunked below:

Continue reading