

Didn't know April is Financial Literacy Month? Well, now you do. And what better excuse to get your finances in check or figure out how you'll add to your already lit bank accounts? Let's get into some knowledge about credit. It's an issue we all face as we look for ways to reach financial freedom and the best road to where the money resides. Sadly, the stats reflect harsh realities for many of us. Fifty-four percent of Black adults report having no credit or a poor to fair credit score (below 640).
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Carmen Perez, Varo Bank's personal finance advocate and creator of MakeRealCents.com, a financial fitness platform, shares the good, bad and ugly on credit. Perez, an award-winning professional who's worked for Citi and Morgan Stanley, successfully paid off $57,000 of her own debt in less than three years.
"My finances were a hot mess up until I was able to commit to a plan," she shares. After facing a lawsuit from a private lender, she had to use her last bits of savings to hire a lawyer. She readjusted her budget, completely cut out luxuries like eating out and investing in cable, and reinvested her time into a photography side hustle to bring in more cash. She also kept a close eye on her finances and savings via the cash envelop system, and by the end of 2018, she was debt-free.
It's always good to know where you are before creating a plan to get to where you want to be. So, let's get into some credit 101:
Your Credit Score: The Basics
A credit score, also referred to as your FICO score, is a number that lets lenders know how much of a risk it would be to lend you money. The score ranges from 300 (the lowest) to 850 (the highest). "It is a benchmark that lenders use to gauge how likely a person is to pay back what they owe based on past data. The more you pay things back and on time, the better your credit can be, which can help you borrow money at a lower rate for things you may need," Perez says.
There are three major credit reporting bureaus, TransUnion, Equifax and Experian, and each uses different reporting methods, thus you could have up to three different scores.
"The misconception is that we have one credit score, which is inaccurate. We have multiple, and it depends on what we're applying or aiming for," Perez says. "Your bank, for example, could be showing you a FICO score that might be conducive to opening a credit card, but your score might be different when applying for financing for something else."
Also, various things can impact your credit score, from late bill payments or rental debts to outstanding medical bills and tax liens. On the positive side, a long history of maintaining accounts in good standing, or taking on debt that you're able to manage and pay back consistently over time, are all actions that can contribute to a great credit score.
You can access your credit scores for free via AnnualCreditReport.com, and each report will have specifics on the types of accounts you have on record (such as credit card, mortgage, and student or car loans), the date those accounts were opened, information on your credit limits or loan amounts, as well as details about your payment history. Credit reports also have history on where you've lived and sometimes where you've worked. You'll want to make sure all information is up to date and accurate, especially since some information could be from fraudulent activity, a reporting misake, or an old debt of more than several years that should have dropped off.
For more information on your credit reports, look into resources offered by the credit bureaus, including apps that offer weekly updates on your credit score, credit report information, and credit products available to you. Other easy-to-use and super-helpful websites on understanding your reports are CreditKarma.com and USA.gov.
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Your Credit Score: The Good
The benefits of having a "good" credit score, which is one that falls generally at a 700 or above, is access to more housing options, more confidence when applying for a loan, and lower interest rates when you get approved. "Good credit allows you to secure better housing and, in some cases, will enable you to bypass having to put a deposit down if you rent," Perez adds. "If you plan on owning, good credit can help you secure a mortgage with better financing terms for you in the long-term. The lower your interest rate, the less you'll pay in interest over time."
"You'll feel less worried about getting denied, which can help you focus more on the things that matter, like negotiating a good interest rate."
But what about if you have no credit at all (i.e. no active accounts being reported to the credit bureaus or your credit history is so limited that there's no score)? Perez recommends getting a secured credit card, one that requires a deposit but offers other great benefits for people who haven't built credit.
"Get one at bank or financial institution that you're looking to have a long-term relationship with---one that offers access to other products. You might put up $500, for example, to open the account, and it will give you access to other products later that you might find beneficial such as home and auto loans."
She also urges women to put some serious thought and research into making decisions about what cards might be best for them. Looking to resources like Nerd Wallet or reading up on your current bank's credit card options (along with the fine print) are your best bet. Be sure to get details on annual fees, card closure policies, and payment protocols.
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Your Credit: The Bad
In some cases, with a credit score that is below 640, a lender sees you as a higher risk for default or nonpayment of a loan. "If you haven't been good at paying back the money you've already borrowed, lenders will be more hesitant to lend you money," Perez says. "Since they are lending you the money, your loan terms, whether it be a mortgage, car loan, or credit card, will be more favorable for the lender than they will be for you. And since the lender is taking on all the risk, their reward is being able to charge you with a higher interest rate. Interest over time can add up and take away money that could be going toward your future self, like investing for retirement."
Though cash is king, when it comes to buying a home or even renting an apartment, you may need a cosigner to vouch for a loan. "Getting someone else to cosign on anything can be pretty tricky, especially when you already have bad credit," she continues. "You may also be subject to paying high deposits, which can deplete you of cash that could be going toward things like your savings or retirement."
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Your Credit Score: The Ugly
In Perez's case, she was sued for an outstanding debt, and this is a common practice for some lenders as well as medical service providers and property management companies. Accounts that have reached collections stages and wage garnishments can not only deplete your pockets, but they can indeed negatively impact your credit score. A bad credit score can even affect your employment opportunities. "Sometimes employers will run a credit check on you before giving you the job," she says. "If your credit isn't in a good place, they may not extend the offer."
But you can take bad credit and turn your situation around. Perez recommends looking at all your credit reports and disputing anything that might be out of date or inaccurate. Then address the open accounts with balances that are past due. "Get on the phone with your lender. Explain your situation. See if they have a hardship program, and get the information on what that actually looks like. Get those details up front first, and then go from there." Perez also suggests freezing your credit card and pausing on use versus closing them, something that could negatively impact your credit. If possible, remain in communication with companies or lenders you owe to negotiate a plan for resolving your debt. "If you get the no the first time, continue to call to see if you can get yourself on a payment plan. That's better than [the lender] hitting up your credit because you're not making payments."
There are also credit-card debt relief options offered with the understanding that many are facing pandemic-related hardships, and community resources to get help in building budgets or exploring other debt-relief options.
Perez is also a big advocate of finding a way to earn more income via a side hustle and paying down at a pace that takes into account your current lifestyle and necessities. "Make sure you're prioritizing your bills. If you're in a hole and trying to make it out, it's time to put a budget in place and figure out where your money is going."
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Devale Ellis On Being A Provider, Marriage Growth & Redefining Fatherhood
In this candid episode of the xoMAN podcast, host Kiara Walker talked with Devale Ellis, actor, social media personality, and star of Zatima, about modern masculinity, learning to be a better husband, emotional presence in marriage, fatherhood for Black men, and leading by example.
“I Wasn’t Present Emotionally”: Devale Ellis on Marriage Growth
Devale Ellis On Learning He Was a ‘Bad Husband’
Ellis grew up believing that a man should prioritize providing for his family. “I know this may come off as misogynistic, but I feel like it’s my responsibility as a man to pay for everything,” he said, emphasizing the wise guidance passed down by his father. However, five years into his marriage to long-time partner Khadeen Ellis, he realized provision wasn’t just financial.
“I was a bad husband because I wasn’t present emotionally… I wasn’t concerned about what she needed outside of the resources.”
Once he shifted his mindset, his marriage improved. “In me trying to be of service to her, I learned that me being of service created a woman who is now willing to be of service to me.”
On Redefining Masculinity and Fatherhood
For Ellis, “being a man is about being consistent.” As a father of four, he sees parenthood as a chance to reshape the future.
“Children give you another chance at life. I have four different opportunities right now to do my life all over again.”
He also works to uplift young Black men, reinforcing their worth in a world that often undermines them. His values extend to his career—Ellis refuses to play roles that involve domestic violence or sexual assault.
On Marriage, Family Planning, and Writing His Story
After his wife’s postpartum preeclampsia, Ellis chose a vasectomy over her taking hormonal birth control, further proving his commitment to their partnership. He and Khadeen share their journey in We Over Me, and his next book, Raising Kings: How Fatherhood Saved Me From Myself, is on the way.
Through honesty and growth, Devale Ellis challenges traditional ideas of masculinity, making his story one that resonates deeply with millennial women.
For the xoMAN podcast, host Kiara Walker peels back the layers of masculinity with candid conversations that challenge stereotypes and celebrate vulnerability. Real men. Real stories. Real talk.
Want more real talk from xoMAN? Catch the full audio episodes every Tuesday on Spotify and Apple Podcasts, and don’t miss the full video drops every Wednesday on YouTube. Hit follow, subscribe, and stay tapped in.
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My personal relationship with birth control pills is a bit of an odd one. Back when I first became sexually active (I started having sex with my first boyfriend a couple of months shy of 19), I took them for a couple of months, didn’t like how they made me feel, and so I quit using them altogether (and got pregnant almost immediately after). The rest of my adult life, I stayed off of the pill and pretty much only used condoms (and even then, not consistently — SMDH).
And yet here I am, now, all these years later, back on them again: surprise, surprise.
These days, it's for a completely different purpose, though. Now that I am in the hopefully latter stages of perimenopause (I’m not sure because my mother had a full hysterectomy at 29, her mother died at 53 and I don’t deal with my paternal grandmother because…chile… ) — although I have always had relatively easy cycles and I could definitely set my watch to them, about two years ago, my periods started to show up whenever they felt like it and it was damn near a crime scene once they did.
It was driving me crazy, and so, my nurse practitioner recommended that I take progestin-only pills to shorten, if not completely stop, my cycle: “After a year or so, we can wean off and see if you are entering into menopause on your own.” (Whew, perimenopause, chile.)
Although the first five months of being on this particular pill made me wonder if it was worth it to take this approach, I actually re-upped for another 12-month cycle because the extra progestin (a synthetic form of progesterone) has benefitted me in other areas as well because I am sleeping more soundly and my weight is more stabilized (by the way, when these things are “off,” they are signs of low progesterone levels). However, I did ask my nurse practitioner if, once I do decide to wean off of the pill, would there be any issues.
Her response is what inspired me to write this article because, until she said “post-birth control syndrome” to me, I had no idea there was such a thing. Anyway, if you give me a sec, I’ll explain to you what it is and why you should care if hormone-related birth control is currently a part of your life.
Yes, Post-Birth Control Syndrome Is a Very Real Thing
Okay, so it’s important to always remember that the way that birth control works is it “manipulates” your hormones so that you can significantly reduce your chances of conceiving. This means that taking them could result in some side effects including nausea; weight gain; headaches; irregular periods and/or spotting; increased stress; depression; blurry vision; breast tenderness, and/or a lowered libido.
That said, even though birth control pills are basically 99 percent effective (when taken correctly and consistently), if the side effects that you are experiencing are making you close to miserable, you should absolutely share that with your healthcare provider because…what’s the sense in preventing pregnancy when you don’t even feel up to having sex because you don’t feel good or your sex drive is shot? More times than not, your provider can find you another pill brand or option that will help you to feel more like yourself.
With that out of the way, think about it — if going on the pill can produce side effects, why would going off of it…not? And this is where post-birth control syndrome comes in.
For the most part, it’s what can happen to your body once you decide to come off of birth control. Typically, the symptoms will last anywhere between 4-6 months and, although the symptoms seem to present themselves most intensely as it relates to going off of the pill, any hormone-related birth control (like IUDs, injections, patches, the ring or implants) could produce similar outcomes.
Outcomes like what?
- Irregular cycles
- Breakouts
- Excessive gas and/or bloating
- Weight gain
- Anxiety and/or depression
- Fertility issues
- Migraines and/or headaches
- Shifts in your libido
- Sleeplessness/restlessness
- Hair loss
Whoa, right? And if a part of you is wondering, “Okay, if this is indeed the case, why have I not heard of this syndrome before?” It’s because it’s not a term that conventional method uses nearly as much as alternative medicine does. Still, it makes all of the sense in the world that if your body has to adjust to an uptick in hormonal intake, it would also need to adjust to removing those extra doses of hormones from your system as well. COMMON. DAMN. SENSE.
Anyway, if you were thinking about taking a break from birth control and taking all of this in has you feeling a bit…let’s go with the word “trepidatious” about doing so, I totally get it. There are some things that you can do to make experiencing post-birth control syndrome either a non-issue or a far more bearable one, though.
7 Home Remedies That Can Make Coping with Post-Birth Control Syndrome Easier
1. Take a multivitamin.Something that’s fascinating about what going off of birth control can do is it sometimes has the ability to lower your nutrition levels as it relates to certain vitamins and minerals; this is especially the case when it comes to vitamins B, C, E and minerals like magnesium, selenium and zinc. So, if you don’t currently take a multivitamin, now would be the time to start (along with consuming foods that are particularly high in those nutrients as well).
2. Up your vitamin D intake. Speaking of nutrient levels, a vitamin level that commonly drops after going off of birth control isvitamin D. This is hella critical to keep in mind as a Black woman since many of us tend to be naturally deficient in the vitamin as-is and vitamin D is important when it comes to fighting off diseases, regulating weight and keeping your moods stabilized (for starters). So, make sure that your multivitamin has vitamin D in it. Also make sure to consume vitamin D-enriched foods like fatty fish, eggs, mushrooms, yogurt and fortified orange juice.
3. Drink herbal teas. Since going off of birth control will cause your hormones to be all over the place for a season, consider drinking some herbal teas that will help to stabilize them. Black cohosh contains phytoestrogen properties, Chasteberry can help to level out your prolactin levels and green tea can help your hormones out by helping to balance out your insulin (which can sometimes directly affect them).
4. Keep some ibuprofen nearby. The headaches and migraines? Until those subside, you and ibuprofen are probably going to become really good friends; although I will add that ginger tea and inhaling essential oils like chamomile and lavender can help to ease migraine-related symptoms too.
5. Do some meditating. Waiting for your hormones to get back on track can be stressful as all get out. That said, something that can get your cortisol (stress hormone) levels to chill out is to meditate. If meditation is new for you, check out “7 Meditation Hacks (For People Who Can't Seem To Do It).”
6. Get massages. As if you needed an excuse to get a massage, right (check out “12 Different Massage Types. How To Know Which Is Right For You.”)? However, there is some evidence to back the fact that regular massages (somewhere around once a month) can help to lower your stress, boost your dopamine, increase blood flow and drain your lymphatic system so that you will have more energy.
7. Sleep/rest more. There is plenty of scientific research out here which says that sleep deprivation can throw your hormones out of whack — and since your hormones are already trying to stabilize themselves, you definitely need to get 6-8 hours of sleep and not feel the least bit guilty about taking naps sometimes too.
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Post-birth control syndrome may not be the most pleasant thing about getting off of birth control yet it is manageable. So, now that you know all about it, you can feel more confident about taking a birth control break (or getting off altogether) — without the surprises that can come with doing it. Give thanks.
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