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LAS VEGAS — Right now, many recent high school graduates are facing a tough question — is it worth it to take on tens of thousands of dollars in debt to attend college during a pandemic?The irony of building credit is that it requires taking on debt — and no one wants to take on debt, especially during the pandemic. But according to one credit expert, there are some simple financial moves that parents can make right now to set up their kids for future financial success.Building credit isn't priority number one for kids, but it could open or close a lot of doors down the road."Good credit can make things easier for you in the future, whether it's securing loans, credit cards with better terms and rates. It might even help your ability to land a job or a desirable apartment," said Nathan Grant, a senior credit industry analyst at CreditCardInsider.com.Grant says that even though kids can't open their own bank account until their 18, parents can start teaching kids about credit long before that, perhaps with a prepaid card."Many of those allow for monthly direct deposits. So, you could have their allowance loaded directly on their card, and that could, at an early age, give them a way to understand budgeting and using a card that has a limit on it to teach them better spending habits," Grant said.Then, as children approach adulthood, Grant says that parents should consider making them an authorized user on a family credit card. Even if parents are not ready to let kids make purchases and payments on the card, Grant says just making them an authorized user will help them build credit."Many credit card issuers offer this, and most issuers report the account's activity in the authorized user's name, whether or not they are actually using the account. So, you can add them as a user and not give them access. It will hopefully build their credit up right out of the gate," Grant said.When kids are ready for their own cards, parents shouldn't just pick the shiniest piece of plastic. Grant says a secured credit card could be a safer option for someone with little or no credit."It uses a refundable security deposit that you fund yourself to fund the account's credit limit, upon approval," Grant said. "So, there's less risk on the issuer's part. So, for somebody who is new to credit or doesn't have any credit history, that could get your foot in the door.Grant said he couldn't offer advice either way on whether grads should pay for college with credit. But he said that anyone that decides to take a "gap year" should try to pay off any existing debts and save for the future.For those that do decide to go attend college, Grant has some general advice."The best rule of thumb, on top of just general responsible use, is just try not to use your credit card for purchases you know you won't be able to pay off before that monthly due date," he said. "Not spending beyond your means, that's going to be more valuable in your college years than ever."For more ways to boost your credit score, click here.This story was originally published by Ross DiMattei on KTNV in Las Vegas. 3114
LAS VEGAS (AP) — President Donald Trump is beginning his day with a rare visit to church as he and Democratic rival Joe Biden campaign across the country from one another in key states with the Nov. 3 election close at hand. Trump is attending services at the nondenominational International Church of Las Vegas. Later, he'll raise money in Newport Beach, California, and hold an evening rally in Carson City, Nevada. Biden’s schedule puts him in North Carolina for a voter mobilization event in Durham and a virtual meeting with African American faith leaders. In the morning, he worshipped at a church in Wilmington, Delaware. 636
Like millions of Israelis, Sara and I are thinking of President Donald Trump and First Lady Melania Trump and wish our friends a full and speedy recovery. https://t.co/sNrl0yHXrA— PM of Israel (@IsraeliPM) October 2, 2020 229
LANTANA, Fla. - Neighbors and classmates say he suffered from emotional outbursts. Instagram records show his penchant for weapons. Police records in both Broward and Palm Beach County show he had numerous run-ins with law enforcement. RELATED: Deputy at Florida high school where 17 were killed 'never went in,' resigns 338
LAKESIDE, Calif. (KGTV) - "Dozens" of cats were found Thursday in an East County apartment in unlivable conditions.San Diego Sheriff's Department (SDSO) responded to a welfare check for elderly neglect just before 2 p.m. in the 9700 block of Channel Road. Deputies arrived and located "dozens of cats" in a 1000-square-foot apartment, according to a release.Deputies said the apartment was not in a liveable condition.Officials at the scene originally told 10News more than 100 cats were found, but later clarified it was difficult to count because the cats kept running away. Officials said that number is closer to 70 cats.An elderly female was taken to a nearby hospital for evaluation, but she is expected to be fine. No criminal conduct is suspected and no arrests have been made. 803