Todd Christensen | Source | Education Manager at Money Fit

Here's how things can spiral out of control.

If lately it feels like your financial strategy has to change depending on the day — and sometimes the hour — it’s not just you. Unemployment rates hit a record high in April, but recovered some in May and June. However, there are still 17.8 million people unemployed — and any gains could be lost...

Lenders want to see different types of credit on your report. Can you identify all three? Experts explain how credit types impact your score.