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Wise Use of Credit

My very first credit card was from JC Penney with a credit limit of something like $200. I was either 23 or 24 and credit card companies hadn’t yet set up shop at colleges offering to give students free t-shirts in exchange for signing up for the credit card. I used it to buy a . . . → Read More: Wise Use of Credit

Banks and Credit in 1948

Believe it or not, this 10-minute gem from 1948 helped me understand why Washington keeps harping about “thawing out the credit industry.”

I think one lesson we can draw from this film is the importance of getting to know our bankers. My mother-in-law has been banking at the same few banks for well over 40 . . . → Read More: Banks and Credit in 1948