18 min listen
Breaking Down Credit & Credit Cards with Jordan Goodman
FromChain of Wealth - Debt, Investing, Entrepreneurship, Wealth & More
Breaking Down Credit & Credit Cards with Jordan Goodman
FromChain of Wealth - Debt, Investing, Entrepreneurship, Wealth & More
ratings:
Length:
18 minutes
Released:
Mar 8, 2018
Format:
Podcast episode
Description
Original Show Notes: Mastering Your Credit and Credit Cards Today we are excited to welcome back a past guest who is a wizard when talking about student loans and now credit. Jordan Goodman is also known as America’s Money Answers Man- Welcome back! [2:14] Should people have more than 1 credit card? · Yes- you want to build credit · 3-4 cards is the ideal amount · Cards that have benefits for your life · Guidetocreditcard.com [3:10] A listener wrote in: My boyfriend thinks that you should have a revolving balance on your credit card. Can you explain to him why this is a bad idea? · Because you’re paying interest · Does not help your credit score · Debt management plan cambridgecredit.org [7:11] Fraud is a scary thought to almost all Americans. Is there a way to get errors off your credit report? · Yes- there’s a whole procedure · Fair and Accurate Credit Transactions Act · Tourdecredit.com- helps improve credit reports [8:58] Listener scenario: A 21-year-old girl gets in a car accident and is seriously injured. She has no health insurance and is now half a million dollars in debt. What should she do? · Go to Healthcareadvocates.com [11:46] How do I know if a debt resolution company is legit or a scam? · Legit ones cooperate with the creditors · Scams are called debt settlement companies [13:1] If a loved one dies, parent or spouse, are you automatically left their debt or is there a way around that? · Typically, debt is against the estate not the benefactors Sponsors [15:39] Chain of Wealth– If you want to refinance your student loans head over to chainofwealth.com/credible for $200 off your first payment. Refinancing your student loans can save you thousands! If you’re enjoying this podcast, don’t forget to subscribe, rate and review! Value Link Round (VLR) [16:9] What is your favorite quote? · “Every day, think as you wake up. Today I am fortunate to be alive, I have a precious human life, I am not going to waste it.” [16:36] Best advice someone gave you? · Set up habits [17:5] Last advice? · Savers dilemma: Secured real estate fund Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip
Released:
Mar 8, 2018
Format:
Podcast episode
Titles in the series (100)
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