How High CreditCard Balances Can Keep CreditScore Low
If you’ve been making payments on time, yet your credit score is stagnate, there may be other factors to consider. Making payments on time is the biggest factor affecting your credit score, but it isn’t the only factor that affects it. If you make a late payment, it could affect…
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How To Pay Off A Credit Card The Smart Way
An option to pay off your credit card debt fast is to move your debt from a credit card to a home equity line of credit. Another term for it is HELOC. It can substantially decrease the amount of interest you pay. It is a smaller risk to lenders than…
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What’s a Grace Period?
If you’ve ever skimmed your credit card statement, on the back you probably saw the terms and conditions. In the terms and conditions section, you probably saw something called a “grace period”. It’s the time you have until your payment will be deemed as late. It’s the period immediately after…
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Tips For Making International Credit Card Purchases
Whether you’re trying to purchase something online or make a purchase internally, you need to make plans for how to deal with your credit card company. By deal, we mean prepping them so they know you’re making a transaction out of the country and they won’t flag your card. If…
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Clever Way To Use The Cash Back Rewards From Credit Cards
Did you know that there are much smarter ways to use the cash back rewards from your credit cards? Instead of taking that money to spend on something else, you can have your cash back working for you. One of those ways is by investing it. Overtime, if you invest…
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Making the Most of Your Retail Credit Card
Retail credit cards come with special benefits and incentives for their card holders. Stores like Target REDcard gives its shoppers the option of free shipping for orders placed online, not to mention an extra 30 days for returns. Then there are stores like L.L. Bean who offer card holders free…
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The Average American’s Credit Card Debt Is Growing
A credit union may not be the first type of lender you think about when you’re looking to get an auto loan, but there are more than five thousand federally-insured credit unions operating in the United States, and more than a third of their business is in auto loans. Read…
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Ten Things To Know Before You Use Your First Credit Card
If you’re about to begin using your first credit card, consider what you’ll need to know in order to be savvy about your spending. These ten tips from the experts could save you thousands of dollars over the lifetime of your card, so read on to learn how to be…
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