Personal blog on early retirement and analytics projects. I write about what I learn as I am learning it.
I put a $2,200 HVAC repair on a credit card once. Didn’t think much of it — I’d pay it off in a couple months. But in the meantime, that card went from about 15% utilization to over 70%. My credit score dropped around 30 points. I wasn’t planning to apply for anything, so I didn’t notice for weeks. That was the last time I “just charged it” for an expense I knew was coming.
Continue reading “Sinking Fund Categories That Actually Make Financial Sense”
The short answer to “can you transfer a car loan to someone else?” is: sometimes yes, but lenders make it complicated, and most people end up going a different route. Here’s the honest breakdown of what’s actually possible and when each option makes sense.
Continue reading “Can You Transfer a Car Loan to Someone Else?”
People search “what is rent credit” for three different reasons and they usually mean three different things. There’s rent credit in a rental agreement (landlord gives you a discount or credit toward your balance). There’s rent credit in a lease-to-own deal (portion of rent applies toward the purchase price). And there’s rent as a tradeline — actually getting your rent payments to show up on your credit report. This post covers all three.
Continue reading “What Is Rent Credit? How It Works and Whether It Helps”