If you need a loan for whatever reason, your credit score is going to have a part to play. Your credit score is what banks and lenders use to determine how reliable you are. It’s far from a perfect system, but we all have to play by its rules to get credit. Which is why…
Your credit score will impact many elements of your life in unexpected ways. For example, the 37% of home buyers represented by millennials may have a bad credit score that affects their ability to buy. Thankfully, there are ways to boost your score that take minimal effort and may not cost you much. Here are…
How many credit cards should you have? There is no one size fits all answer to this question. If you have a lot of debt that you are trying to pay off, or if you struggle to keep a strict budget, then the answer in your case is to have zero credit cards. However, if…
How do you lower your credit card interest rate? If you find yourself in credit card debt and are trying to pay it off, then lowering the interest rate on your cards can help accelerate the process. With the average APR on credit cards in the U.S. being between 15% and 22% you can see…
Credit card reward stacking is a concept to stack multiple offers to receive the most savings possible on your purchases. Using your credit card to earn things like cashback, airline miles, or hotel credit can be a smart financial strategy. But there is a way to earn even more and maximize the benefits that you…
If you are carrying a balance on credit cards and have suffered a job loss or income reduction due to the Coronavirus pandemic, then you may qualify for some relief. Multiple credit card issuers have launched programs to assist customers who may have trouble meeting their payment obligations during these unprecedented times. I’ve compiled a…
Nobody wants to have a bad credit score. It can definitely make life a lot harder than it should be. A bad credit score can prevent you from getting a loan. It may result in being asked for a security deposit or getting a higher insurance rate. Obviously, you should do all you can to…
With the convenience of electronic payment options, billions of people use bank cards for everything from shopping to paying bills both online and in-person. Many industries, such as hotels and car rentals, require a bank card in order to make reservations, and it seems the modern economy demands that people have at least one bank…
Ah this is a great topic for the holiday season…Credit cards are the best invention ever made right? Well, they may be a great invention for credit card companies (especially right around this time of year), but for the consumer that does not understand their impact, credit cards can be a nightmare. However, for consumers who…
Having bad credit can be a headache when you are in need of money, but it shouldn’t prevent you from access to the cash you need when you need it. There are ways you can get money when you have bad credit. You just need to know where to look and what to expect. How…