Young & Free South Carolina

Ask our experts

Establishing Credit (3 entries)
- I am not currently employed and I depend on my parents for monetary possessions, so would it make sense to have a checking account and there's no personal funds coming in?
  
  You may still want to consider having a checking account of your own. You may earn some income of your own – allowance, babysitting gigs, birthday or holiday money – even ...
- How bad is this going to look on my credit report?
  
  "I rented an apartment last year with a friend of mine, I did not receive any information on owing them money until a collection agency contacted me several months after I ...
- I see some persons using their debit card as a credit card - telling the clerk to run it as credit. Why would someone want to do this?
  
  Hello Harold, South Carolina Federal Credit Union's Chief Operations Officer, Troy Hall, has actually already answered this question brilliantly with a blog post of his own on South Carolina ...
Investing (1 entry)
- What is a mutual fund and how does it benefit me?
  
  A mutual fund is an investment tool that is overseen by professional money managers who invest and manage money for shareholders (a group of people that own one or more stocks, ...