July 28, 2022
A balance transfer credit card is a low APR card that allows you to transfer high-interest credit card debt onto a new card. This can help save you money on interest, pay off your debt faster and lower your monthly payments. There are a number of important features of balance transfer credit cards. Depending on your Read more
July 28, 2022
Some people know it as a credit line; others know it as a line of credit. It’s simply an amount of money that is available for borrowing. A credit line is very useful when you need financial flexibility. You may have an issue arise where you need to have access to money quickly. Credit lines Read more
July 27, 2022
Updated: July 27, 2022 Late payments on your credit report can have a knock-on effect when you next apply for a credit loan. Credit scores are there to show whether or not you can meet your payments on time, so it is only natural that if you have late payments in the past it will Read more
July 13, 2022
Updated: July 13, 2022 One of the most significant factors of any financial situation is debt. Debt can be broken down into whether you have it; how much you have; and what kind you’re carrying. Each of these influences your credit score in different ways. Understanding how debt affects your credit score can guide your Read more
July 3, 2022
Did you pay interest on your credit card purchases from this month? If you have, is this a common habit for you? When you’re regularly paying interest on your purchases, you probably aren’t familiar with your credit card grace period. Many people think it’s normal to pay interest on our purchases every month. This misinformation Read more
June 22, 2022
Updated: June 22, 2022 Paying by credit card can be a great idea. It’s convenient and carries less liability than using your debit card. It can help you build credit when you pay it off on time. Earning rewards make credit cards even better. Yet, there are things you should probably NEVER put on a Read more
June 15, 2022
Updated: June 15, 2022 Debt collections are a result of having unpaid debts for several months. Your creditor will pass your account onto a debt collector and part of their job is to show this debt on your credit report, which won’t be doing your credit score any favors. There are a number of possible Read more
June 12, 2022
Updated: June 12, 2022 It’s possible to go through life with bad credit. The problem is that it makes life expensive and difficult. If you prefer to be less stressed, then you should have and maintain a good credit score for future use. Having a good credit score is important because it saves money and Read more
June 11, 2022
When choosing a travel rewards credit card, you’re making a financial decision which has long-term effects on your credit. The hard inquiry on your credit will cause a drop in your credit score. This will take months of good behavior to correct. A travel rewards credit card will also affect your immediate future. You’ll be Read more
June 11, 2022
Updated: June 11, 2022 Did you ever stash coins away in a piggy bank as a kid? It was fun to save our allowance to buy a toy or go to the movies. But did you realize that you were learning to budget? Some adults don’t care about grown-up budgeting. They think it ties them Read more