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The best place for information on credit cards!
Finding the card that is right for you can be a challenge. Rates and fees are constantly changing, as are the perks and rewards, and this is before you even spend a single dollar! Our editors are consistently following the latest trends and have you covered on the latest news.
Tips for Using Credit Cards Responsibly
Are you new to using a credit card? Do you have trouble balancing one? Here are some tips you can use to improve your financial responsibility.
Think Of It As A Loan
You need to pay back everything you buy with a credit card. Therefore, don’t buy things you can’t afford. An alternative is to think of it as an ATM debit card for your checking account – after all you SHOULD have money in the bank to pay for what you’re about to buy, right?
Save The Receipts
Use your credit card receipts side by side with your monthly bill. Look for irregularities and report problems to your credit card issuer immediately.
Pay The Balance On Time
Late payments (or no payments) mean finance charges on the remaining unpaid balance. Plus, if you only pay the minimum, the interest on the unpaid balance will continue to rise – meaning your purchases could end up costing much more than the original price.
Your Credit Rating Affects Your Life
Late payments or even non-payment of debts can damage your credit score. This affects your credit history negatively — making it harder for you to purchase larger items such as cars or property. IT could also become more difficult to rent an apartment, find affordable insurance, or even—in some extreme cases—land a good job.
Credit Card Advice & Tips
What They Never Told You About Using A Credit Card
When you’re using a credit card, people often think: 1 – As long as you pay back by the end of the…
Little Known Way To Hike Up Your Credit Score
You may think that increasing your credit score is a long laborious process that can take years. That couldn’t be further from…
Requesting Good Will Adjustments For Long Time Customers
If you are a long-time customer with a credit company and you want to improve your credit, you may be able to…
Is it a good idea to get a card for bad credit?
One of the fastest ways to build credit if it’s in the dumps is to get a credit card. Go with a…
Does Credit Card Debt Ever Expire?
The short answer to that is no. Credit card debt doesn’t expire. Even if you are past the time frame where you…
What’s a Balance Transfer?
If you have credit that’s in good standing and you want to get a leg up on paying down some debt, try…
Mistakes People Make With Credit Card Balance Transfers
There are 2 big mistakes people make when doing a balance transfer: 1 – They don’t leave the old card open. Just…
What is Card Churning?
Card churning is a cool way to soak up tons of credit card perks. Usually, the person signs up for multiple credit…