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What are loans, scholarships, and grants?

Choosing the right college can be daunting. One concern students often have when applying to college is the affordability of their college tuition. They must consider how they will obtain the money needed to pay for their college education and what strings are attached to that money. Three of the most common resources students use to fund their education are loans, scholarships, and grants. Student loans are money a person can borrow from a lender to fund their college education that must be...
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What are some common credit misconceptions?

There are a lot of misconceptions around various personal finance topics. Many of this misinformation stems from confusion around credit scores and reports. Breaking through these misconceptions can help you understand what exactly credit scores are, and what purpose they serve in your financial life.   Checking credit scores One common misconception is that checking your credit report hurts your score. This is false; it is actually encouraged to check your credit report at least once a year...
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