Let's break the Equifax situation down into tiny morsels of suckitude that can be easily digested.

Dashit Just Happened, Equifax?

Because the horrendous disaster of two malicious hurricanes isn’t enough for people to worry about right now, a few weeks ago a storm of a different sort swept through the United States. Like those assholes Harvey and Irma, this one’s going to be an enormous, life-changing financial burden for millions of people. And like the hurricanes, it could take years to repair the damage.

Yes: it’s time we talked about the Equifax breach.

If you follow us on Tumblr, you’ll know we’ve been getting some panicked messages about Equifax recently. So to dispel panic (or encourage it, as the case may be), I want to break the situation down into tiny morsels of suckitude that can be easily digested. (more…)

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Dafuq Is Credit and How Do You Bend It to Your Will?

We’ve been getting a lot of variations on the same question recently: “How dafuq do I credit?”

How indeed? A lot of our readers are struggling with not only maintaining a good credit score, but with even understanding credit in the first place.

It’s one of the many money terms I have the sneaking suspicion everyone else in my high school class was taught on a day I was absent.

Thus, I’ve been left to figure it out for myself over the years. And what I’ve found is reassuring: credit is not nearly as scary or complicated as you’ve been led to think. But like a pack of trained raptors, it must be treated with care and attention lest it rend you limb from limb.

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There is a way to build up good, healthy credit while neither increasing your debt nor your risk.

How to Build Good Credit Without Going Into Debt

As we’ve discussed, adult human beings need credit—good credit—to do lots of important adult things such as renting apartments and buying cars. But having debt, whether it be in the form of a balance on a credit card or just Ye Olde Stvdint Loane, can be fucking terrifying.

Fear not, gentle readers. For there is a way to build up good, healthy credit while neither increasing your debt nor your risk.

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