The AFCPE Blog is designed to provide new and insightful personal finance information for financial professionals – information that can be shared with both clients and consumers and provides new insights into education and practice.
A good credit history is crucial in today’s economy. Far more than just a number, a good credit score is a prerequisite for everyday financial services like a low-cost credit card, a bank account or car loan.
In an ideal world, everyone could afford to pay cash for all items. Until that day arrives, establishing and maintaining good credit is important, because often we need credit to purchase high-priced items such as houses, cars and furniture.
Credit, Retirement, Saving
Saving for retirement has always been a challenge, but it's harder than ever for many Americans today. One in three people have no retirement savings at all, and more than half of all adults have saved $10,000 or less.
Credit, Financial Education
Should I get a credit card? It’s a question our younger clients ask regularly, and it’s one I have received recently from my children. The quick and easy answer might be, “Yes, of course you must...
Credit, General, Financial Education
The Consumer Financial Protection Bureau, or CFPB, recently issued it's Monthly Complaint Report for August 2015. The CFPB is the first federal agency that is totally focused on consumer financial...