“Yo ho, yo ho, a pirate’s life for me.” September 19th is International Talk Like A Pirate Day, and up until the clock strikes midnight, Americans are encouraged to exclaim piratical slang and have fun doing so. The swashbuckling tradition is time-honored and true – ever since author and humorist Dave Barry wrote a column about it in 2002.
Public utterings might include “aargh,” “blow the man down” or “thar she blows,” in addition to “scallywag,” “seadog” or “son of a biscuit eater.” Another expression could be: “Shiver me timbers, my credit is bad!”
If you or a loved one resemble the latter remark, today might be a good day to learn the lessons of bad credit-card behavior. “Credit cards are a fantastic tool for earning rewards and building and maintaining good credit,” according to NerdWallet. “But if you don’t use your card responsibly, it could cost you in interest and fees, while also damaging your credit history.”
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Behaviors to avoid? Paying late, getting too deep into debt, applying for every credit-card offer that comes in the mail and transferring balances from one credit card to another. If you change your habits now, you can become an “old salt” at the credit-card game.
A good way to get back on track is debt consolidation. Debt consolidation can put an end to financial stress by eliminating calls from collection agencies, simplifying things with a single payment and decreasing your interest payments while fixing your credit score.
“Your credit score can be your financial passport to a loan or credit-card approval, renting an apartment or getting a better rate on insurance, so it’s important to know what kind of behaviors can help you build excellent credit,” NerdWallet advises.
For more information on debt consolidation, click here.