Experian Launches Financial Literacy Initiative

Tuesday, April 25th, 2017
The content is accurate at the time of publication and is subject to change.

Many people struggle with knowing exactly how to handle their finances. Study after study shows that consumers do not have adequate confidence in their personal finance savvy, and worry that they aren’t equipped to make effective and responsible money choices.

In this spirit, credit bureau Experian has launched a new financial literacy initiative, in tandem with the Jump$tart Coalition. The theme of the initiative is “Creating a Financially Literate Future,” and Experian plans to offer free credit education and consumer tips, to assist folks in managing their credit profile and improving their credit score.

Rod Griffin, director of public education at Experian, explains that advances in technology have resulted in new choices for consumers. “As technology rapidly evolves the financial industry, consumers are faced with more financial decisions that ever before,” said Griffin. “We want to help them feel confident in their decision-making. The only way to accomplish that is to ensure that effective financial education is provided throughout a person’s life.”

Tips for better credit

Griffin offered the following tips for folks who want to achieve better credit scores. Good credit is essential for anyone who wants to be approved for credit cards with low APRs, high-value rewards programs, the lowest fees, and the best terms and conditions.
Look over your credit history regularly. Getting a copy of your credit report at least once a year is vital. You can request one from Experian, Equifax, TransUnion, FICO, or get all of them for free through Annual Credit Report (annuacreditreport.com). Many credit reports contain errors; if yours does, you’ll want to have the faulty information amended as soon as possible.
Know your score. When you order a copy of your credit report, ask for a credit score report as well. Your credit score plays an incredibly important role in what sort of interest rates you’re offered, whether you’re approved for a good credit card, and if you can secure a low-interest mortgage or car loan.
Keep your debt load low. The more available credit you have, the better your credit score will be. Keep your balances under 30% of your credit limit, if you can; under 10% is even better.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Latest Good Credit Credit Cards News

Thursday, February 15th, 2018
Music fans have another reason to get an American Express card, if they don’t have one already.
Tuesday, September 26th, 2017
When you consider the different payment cards in your wallet, do you really know what sort of protection they offer you? A new survey suggests that many people may not fully grasp ...
Thursday, November 10th, 2016
Many people think that there’s no alternative to traditional banks. They may grumble about paying fees and maintaining minimum balances, but in the end, they stick with the ...
Saturday, May 28th, 2016
Lots of people get choke up at weddings, but this year, people might be crying over more than just the sight of the happy couple.
    
Best Credit Offer
Discover it® Cash Back
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 5 / 5
Horizon Card Services Horizon Gold Credit Card
Copyright © 2001-2018 BestCreditOffers.com All Rights Reserved.

*See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by BestCreditOffers.com. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

Disclosure: Not an access card.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.