When It Can Be a Good Idea to Co-Sign for Your Young Adult
If you’re the parent of a young adult, you may be asked to co-sign for a car loan or an apartment lease. Before you agree, know what’s at stake —…
Bev O'Shea
Bev O’Shea writes about consumer credit for NerdWallet. She has been a speaker at FinCon, a national personal finance conference. Her work has appeared in The New York Times, Washington Post, Los Angeles Times, MarketWatch, USA Today and MSN Money, and on the Associated Press wire. Her credit score was briefly a perfect 850, she won’t co-sign, even for her children, and she is a serial mortgage refinancer. Email: [email protected] Twitter: BeverlyOShea
Posts by Bev O'Shea:
Scam Alert: How to Spot a Bogus Job
Lots of us grew accustomed to commute-free jobs during the pandemic and are hoping to find a way to continue to work from home. Scammers hoping to capitalize on that…
FICO Score vs Credit Score: What Is a FICO Score?
FICO scores are one kind of credit score. Credit scores are used by lenders and credit card issuers to help decide whether to approve your credit application. The name derives from…
Wells Fargo Ends Personal Lines of Credit: What It Means for Consumers
Wells Fargo customers have begun receiving notification that their personal line of credit accounts will close, and the company confirmed Thursday that it will no longer offer the product. Once…
Scam Alert: Child Tax Credit Is Automatic; No Need to Apply
It almost sounds too good to be true: Most families with kids will start receiving monthly checks for up to $300 per child this summer, starting in mid-July and continuing…
When It’s OK to Let Your Good Credit Score Drop
If you’ve worked hard to achieve and maintain a good credit score, it can be upsetting to see it drop. But “life happens, and sometimes how you react is going…
Scam Alert: Be Skeptical of That ‘Emergency’
I hadn’t heard of the grandparent scam when my father called me a few years ago to report that my son was in jail, out of state. My dad had…
SeedFi Review: A Low-Cost Way to Build Credit
Borrowing money is easiest if you already have credit. Credit-builder loans are designed to help people establish credit so that they are more likely to qualify for a credit card…
How to Fill In Your Financial Blind Spots
Knowing enough about money to cover your bills is a start, but it’s not enough financial literacy to provide long-term security. Most of us eventually wonder what else we should…
Scam Alert: How to Get a Pet and Not Get Taken
Pandemic lockdowns and working from home led to a boom in people wanting to add a pet to their household. It was good for pets needing homes, but a heyday…
