Borrowing Principles

Paying for school usually requires a combination of resources and the careful management of these funds to remain enrolled and persist to graduation.  When other options have been exhausted and you are faced with the prospect of...


Believe it or not, it is completely possible to graduate from BYU without having to take out student loans!  In a very general sense, it is usually better to finish your undergraduate degree debt-free.  However, depending on your current...

Holding Credit Cards

Before you slide it into your wallet and head for the store, you’ve got some things to consider. First, ask yourself what you are going to use it for. If you’re a convenience user, you intend to use it as a tool for managing purchases and...


What is a credit score and why does it matter?
A credit score, or a FICO (Fair Isaac Corporation) score, is your financial GPA. It is a single number that condenses your credit history, representing your credit risk.


Have you ever wondered how much your money will be worth five, ten, or twenty years from now?  The time value of money (TVM) principle illustrates the effect of interest on the monetary value of your loan or investment.  The basic premise of...


You'll need to keep careful, detailed, and safe financial records to be able to report correct information on taxes, FAFSA, and whenever else you need it.  Here are some important things to keep in mind:


As you're working so hard to build credit, you'll want to mitigate risks and avoid making mistakes that will take years to erase from your credit score.  Here are some things to watch out for: