See Jane Get Rich

September    

In September, I was talking to Bum about money when Bum just happen to mention Bum has some money on Bum’s credit card that needs to be paid off.

Wait.  Hold up.  Did you just say credit card debt?  Whaaaaaatttttt?

I was blown away.  Bum is not someone I would think of when I think of the stereotypical person with credit card debt.  Bum doesn’t go shopping that much.  Bum eats out once in a while.  Bum’s biggest purchase most recently was a new hybrid paid in full through a HELOC.   Bum makes very good money.  But, Bum has two children who was still relying on Bum for help. 

So, my next question was: What exactly is all this credit card debt from, Bum?

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According to Experian.com, the average credit score in America is 693.   Are you better than average? 

After searching far and wide I am not aware of any websites that will offer you a free estimate of your credit score unless you sign up for something else.  A lot of forums referenced creditkarma.com, but alas creditkarma is no more.  What is the next best thing?  You can find free tools like “What’s Your Credit Range?” tool to get a free estimate of the range you fall under. I know my credit score so I am going to put my information into this tool to see how accurate it is.

The “What’s Your Credit Range?” calculator works by computing your response to 10 questions.  To use the calculator you need to provide the following information: Read the rest of this entry »