When consumers think of credit, the first thing that comes to mind is usually a credit card. After all, approximately 70% of American households have a least one credit card, and most of us are accustomed to using them to cover some portion of our expenses.
Americans charge everything from modest grocery trips to tropical cruises on credit cards. Plus, having a solid credit history and credit score has become a necessity in the world today. Continue reading The 3 Types of Credit and Why You May Want All of Them