Comments on: College Money Tip #5: Get Your (Free) Credit Score http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/ Money issues for college students and 20-somethings, without being boring. Thu, 02 Sep 2010 14:04:49 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Jason Quick http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-83254 Jason Quick Mon, 21 Dec 2009 17:18:38 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-83254 The thing about having bad credit is its a never ending cycle that can stop you from reaching your dreams. Credit Karma can help you stay on top of your credit in ways that makes it so much easier, it worth looking into. The thing about having bad credit is its a never ending cycle that can stop you from reaching your dreams. Credit Karma can help you stay on top of your credit in ways that makes it so much easier, it worth looking into.

]]> By: Ann http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-78195 Ann Tue, 01 Sep 2009 19:52:45 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-78195 Having bad credit can really be a karma for borrowers because it is extremely difficult to escape the bad credit cycle that high cost debt generates damaging your credit even further and making it increasingly difficult to obtain financing at a fair price. Having bad credit can really be a karma for borrowers because it is extremely difficult to escape the bad credit cycle that high cost debt generates damaging your credit even further and making it increasingly difficult to obtain financing at a fair price.

]]> By: Kelly http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-71558 Kelly Fri, 27 Feb 2009 04:06:44 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-71558 Great site, Stephanie. :) I love creditkarma as well, it's great. You get a monthly email that will remind you to check your score as well. It's a great site! Great site, Stephanie. :)
I love creditkarma as well, it’s great.
You get a monthly email that will remind you to check your score as well.
It’s a great site!

]]> By: Kenneth Lin http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70514 Kenneth Lin Mon, 26 Jan 2009 16:49:22 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70514 Thanks for all the kind words about Credit Karma. It it encouraging for me and our team to see members find value in the tools we are building. Thanks for all the kind words about Credit Karma. It it encouraging for me and our team to see members find value in the tools we are building.

]]> By: Timothy drew http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70476 Timothy drew Sat, 24 Jan 2009 20:56:47 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70476 Thanks for the info on credit karma. I think that we can all use some good karma where our credit is concerened. It is important that we know our credit score, what we can do to improve on it and our chances of getting that huge bank loan. Credit rating is one way for the various agencies to rate us on our dependability, naturally the credit rating plays a big role when it comes to getting the loan. Thanks once again for the info! :) Thanks for the info on credit karma. I think that we can all use some good karma where our credit is concerened. It is important that we know our credit score, what we can do to improve on it and our chances of getting that huge bank loan. Credit rating is one way for the various agencies to rate us on our dependability, naturally the credit rating plays a big role when it comes to getting the loan. Thanks once again for the info! :)

]]> By: Stephanie http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70388 Stephanie Wed, 21 Jan 2009 00:21:54 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70388 @Natalia - that depends on whether your loans are accumulating interest while you're in school. For example, I have some Federal Unsubsidized loans, which accumulate interest (or as I like to say, "grow like mold") while I'm in school. If you have loans like that, it's better (math-wise) to use that money to pay out-of-pocket for school directly. If you don't have any loans like that (in other words, if none of your loans are going to accumulate interest until after you've graduated), you can earn some interest yourself by keeping that money in a savings account until after graduation. Hope that helps! @Natalia – that depends on whether your loans are accumulating interest while you’re in school. For example, I have some Federal Unsubsidized loans, which accumulate interest (or as I like to say, “grow like mold”) while I’m in school.

If you have loans like that, it’s better (math-wise) to use that money to pay out-of-pocket for school directly. If you don’t have any loans like that (in other words, if none of your loans are going to accumulate interest until after you’ve graduated), you can earn some interest yourself by keeping that money in a savings account until after graduation. Hope that helps!

]]> By: Natalia http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70386 Natalia Tue, 20 Jan 2009 22:08:40 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70386 This is a great post. Here's a question for you. I currently have $20,000 in student loans (some of which are private), and estimate getting about another $10,000 before I graduate. I'm wondering if it makes more sense to save a little bit of money and use it to try and pay out of pocket the last year I have (in order to minimize that $10,000 I might have to take), or just save until I graduate and use that money to start paying off my final loan amount (which will be about $30,000+). This is a great post. Here’s a question for you. I currently have $20,000 in student loans (some of which are private), and estimate getting about another $10,000 before I graduate. I’m wondering if it makes more sense to save a little bit of money and use it to try and pay out of pocket the last year I have (in order to minimize that $10,000 I might have to take), or just save until I graduate and use that money to start paying off my final loan amount (which will be about $30,000+).

]]> By: Rece http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70380 Rece Tue, 20 Jan 2009 15:49:06 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70380 Thank for the post about Credit Karma. Certainly has shed a bit of light on the subject. For me anyway. Thank for the post about Credit Karma. Certainly has shed a bit of light on the subject. For me anyway.

]]> By: Millie http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70224 Millie Sat, 17 Jan 2009 02:25:59 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70224 I was skeptical too when I first heard of Credit Karma.. luckily I tried it out and I absolutely love it! I was skeptical too when I first heard of Credit Karma.. luckily I tried it out and I absolutely love it!

]]> By: Stephanie http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70217 Stephanie Fri, 16 Jan 2009 21:23:42 +0000 http://poorerthanyou.com/2009/01/16/college-money-tip-5-get-your-free-credit-score/#comment-70217 @Ken - Thanks for coming by the site! I've updated the entry to reflect your clarifications. I am glad I tried your service as well. I think it's just perfect for college students who would do well to know there score, but don't have the cash to pay for credit monitoring services. Thanks! @Ken – Thanks for coming by the site! I’ve updated the entry to reflect your clarifications. I am glad I tried your service as well. I think it’s just perfect for college students who would do well to know there score, but don’t have the cash to pay for credit monitoring services. Thanks!

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