Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Four Warren Buffett Quotes That Can Help You Be a More Responsible Borrower

Written by Camille Puschautz on July 1, 2015 in Credit  |   4 comments

Few names in investing hold as much weight as Warren Buffet, CEO of Berkshire Hathaway. Consider what these quotes from the man himself have to say about your own borrowing habits.

WarrenBuffetQuotesWarren Buffett is one of the most well-known and successful American investors. He became a billionaire through his business knowledge, genius for investing, and frugal nature. While you may not be able to invest with his skill, you can put Buffett’s financial advice to use—especially when it comes to your credit score.

Here are four Warren Buffett quotes to keep in mind as you work to become a more responsible borrower.

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

According to financial expert Kimberly Palmer, author of “The Economy of You,” this quote highlights the necessity of planning ahead for financial peace.

If you make smart financial and investment choices today,you could be sitting on a nice nest egg in 40 years, Palmer says.

When it comes to your credit, it’s also important to set yourself up now for success. You can start building a strong foundation by using credit responsibly, including regularly reviewing your credit report, making all of your payments on time, handling a diverse mix of credit accounts, and maintaining a reasonable credit utilization ratio. Practicing good credit behavior is an important part of your financial future.

It is also important to remember that your financial actions impact others, says personal finance expert Lynnette Khalfani-Cox, also known as The Money Coach®. The person sitting under the shade of the tree in Buffett’s statement is likely not the same person who planted the tree, she says.

“The person who manages credit today will be able to impart their skills and legacy to their heirs, their kids, and grandkids,” Khalfani-Cox says.

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

Many financial and credit mistakes result from mistakes, such as missing a payment or accidentally charging more than you can afford. However, those errors can impact your credit history—and your credit reputation—for years to come. For example, a missed payment can remain on your credit report for seven years – if it is reported by the lender, and depending on how late the payment is made.

Even if you’ve paid off your credit card debt every month for years, one massive purchase or a month of overspending can set you back if you miss payments, Palmer says.

As you use your credit accounts, be sure to pay your bills on time. Your payment history accounts for 35 percent of your credit score, and payment history of late payments, a judgment, or collection can impact your credit score for years to come.

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

“If you know a certain friend is living a financially responsible life, that’s the one you should be spending time with,” Khalfani-Cox explains. “Otherwise, you may end up in the same rut as your other friend whose credit card balance is bigger than her rent.”

Support from your friends and family is very important for meeting your financial goals. If you talk about your financial journey and goals, your personal community may help you stay focused.

“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.”

As with most habits and goals, you have to start small to accomplish something big.

As you work toward a solid financial future, says Khalfani-Cox, “you have to be willing to take the incremental steps and avoid unrealistic goals.” She notes that when a major milestone is approaching, such as marriage, a first baby, or a move to a new place, people have a tendency to set artificially high financial goals.

For example, someone with $60,000 of credit card debt should not set a goal to pay off his debt in the six months before he gets married.

“That kind of goal sets you up for failure and unnecessary stress,” Khalfani-Cox explains.

Instead, be realistic. If you want to employ better financial behavior, make a goal to simply order your credit report from AnnualCreditReport.com. On the report, you can see all the accounts your creditors are reporting to the credit reporting agencies, and you can ensure you are making payments to the creditors on time and make a plan to pay back your debt.
You may also want to meet with a financial professional who can help you create realistic goals and give you a sense of accountability.

You may not wind up echoing Buffet’s billionaire status, but his words of wisdom may help you keep things in perspective as you work toward a responsible financial future.

Camille Puschautz is a researcher, writer, and web producer at Think Glink Media, with a background in print and digital media. She is a graduate of the University of Dallas and Northwestern University, where she received a master’s degree in journalism. She is a regular contributor to the Equifax Finance Blog.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.


  1. glennis l. says:

    Thank you for the information. It help me a lots.

  2. Anonymous says:

    Good words of wisdom!

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.

Credit Archive