MONEY Is it a good idea to run a balance or pay a credit card late so you'll incur interest and therefore, hopefully, raise your credit score? Is peer-to-peer lending a good business model? Is it a good idea to have multiple IRA accounts in various banks and investment firms? Tom answers your email and brings you answers.
Here is the article Tom referred to regarding trying to build your credit by letting the balance ride: Millions of Americans Make a Costly Mistake When Paying Credit Card Bills.
Write Tom with your money questions and your feedback: firstname.lastname@example.org.