The Quest For Credit

With so many employers now doing both background checks and credit checks to screen job candidates, it is a good idea to take the time to do a financial checkup and get your credit score under control. The importance of good credit is unquestionable, but for many of us, it is too easy to get into debt and very hard to get out of it.

I found this great video at Mint.com, and it is very clever and informative. It is a wonderful illustration of how credit works. I was impressed with their animation, even though I was a little disturbed at the end when the old guy turns into an attractive blonde. I am not sure if they meant for the point to be that having good credit lets you win the heart of hot blonde chicks that dress up like old men and wear do it yourself, Etsy-style credit card bling. Actually, I think that was sort of trendy back in the 80's.

The video is very funny, but the people at Mint.com want to stress that bad credit is no laughing matter.

And they are right. Having bad credit can make you poor and keep you that way. High interest rates and minimum monthly payments are designed to keep you in debt with no way out. Low credit scores keep you from being able to buy a home, and force you to keep paying rent instead of investing in something that you own and can sell later. And now, sadly, having poor credit can cost you a career.

So, if you are struggling with bad credit, watch the video and get some great tips for taming your own debt demons.

By Melissa Kennedy- Melissa is a freelance writer and regular contributor to several websites and other publications, a volunteer, a full time mom and an active job seeker.