Thursday’s need-to-know money news

Today’s top story: Can you have too much credit? Also in the news: 5 things to know about gold’s record breaking run, the Equal Opportunity Act and its effect on women’s finances, and negotiating with your landlord during COVID-19.

Can You Have Too Much Credit?
Credit scoring formulas don’t punish people for having too many credit accounts, but too much debt can hurt scores.

5 Things to Know About Gold’s Record-Breaking Run
As COVID-19 concerns continue to rattle markets, investors are turning to one of the world’s oldest currencies.

Women and credit: In the 1970s, the Equal Credit Opportunity Act became law— a key step in financial freedom for women
The law barred shady credit practices including lender discrimination based on race, sex, age, nationality or marital status.

Negotiate With Your Landlord During COVID-19
Be upfront and honest.

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