Learn Login to MyFinFit FinFit Learn  |  Credit & Borrowing Your Ultimate Guide to Great Credit When it comes to your financial life, few things are more important than your credit. A good credit history can help you save money when borrowing what you need for things like buying your first home, purchasing a car, or taking care of unexpected expenses. On the other hand, poor credit can make it diffcult to borrow money in the first place, and significantly...

Learn Login to MyFinFit FinFit Learn  |  Credit & Borrowing Buy Now, Pay Later – Friend or foe?  Whether you buy things in a physical shop or online, chances are you’ve been offered the ability to spread the payment of the purchase by way of smaller payments over several weeks or months. This is known as Buy Now, Pay Later, or BNPL for short.   Making it easier to spend?  With BNPL a third-party financing company is effectively loaning you money to...

Learn Login to MyFinFit FinFit Learn  |  Credit & Borrowing Credit cards: the pros and cons  If you’re considering taking out a credit card, but you’re not sure if it’s the right option, this blog may be able to help you understand what benefits they can provide – but also what downsides there are to be aware of.   How can I use a credit card to my benefit?   Some of the advantages of a credit card are:  Spreading purchases out: If you need to make...

Learn Login to MyFinFit FinFit Learn  |  Credit & Borrowing How to deal with your debt when it gets out of hand  It’s easy to accumulate debt. Credit cards, store cars, car loans and overdrafts. Before you know it, your non-mortgage debt can creep up to a scary amount.  It’s easy to feel silly, overwhelmed or embarrassed about debt. But the simple fact is as humans we aren’t wired to be naturally good with money. Our brain has developed at a much slower...

Learn Login to MyFinFit FinFit Learn  |  Credit & Borrowing What’s an interest rate – and what do you need to consider?  Interest rates are everywhere when it comes to borrowing money – it’s hard to escape those % signs. But when it comes down to the detail, how many of us can really say we understand what an interest is and what it means? If you’re not sure, read on…  What is an interest rate?  Interest is the cost of borrowing money. This...

Learn Login to MyFinFit FinFit Learn  | Credit & Borrowing How to dispute an error in your credit report  Your credit report includes information about where you live, how you manage credit, and even if you have been sued or arrested. According to a study by Consumer Reports, for the past three years, incorrect information on a report has been the number one complaint made to the Consumer Financial Protection Bureau (CFPB). This could lead to consumers paying...