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Stock impact report

5 questions to ask when helping an older parent with money [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
Some of us won't need — or want — to get involved in someone else's finances. But others may have to take an active role in helping an older parent manage their money. If that's the case for you, don't neglect a discussion about credit. Good credit matters throughout life, so any conversation you have with a parent should focus on building and maintaining healthy credit. Here are five credit-related questions to ask older parents if you don't know where to begin. 1. What's your credit score? Good credit scores can create opportunities and unlock lower interest rates, and they still matter even as we age. Maybe your parent wants to downsize to a new home or settle in a retirement community; having a good score can be advantageous in both scenarios. Free credit scores are available from personal finance websites , credit card issuers and other financial institutions. If their score is lower than they had hoped, develop a plan together for elevating it. Paying loan balances on Show less Read more
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