Signing up for credit cards is easy enough to do, but there are a few tips to keep in mind so you don’t find yourself in irreversible debt. Pay off your balance each month if possible. Don’t miss your monthly payments. Don’t hit your credit limit because it’ll lower your credit score. Try to onlyRead more
Credit Cards
Controlling your debt can be a difficult thing to do, especially in quarantine where it’s so easy to spend when there’s not much else to do other than online shopping. By creating a no spend day, you’ll be able to start instilling better habits that will ultimately grow your credit score and help reduce yourRead more
Due to COVID-19, credit issuers are lowering credit card limits for cardholders. As more people face unemployment, the credit card companies are hoping to get ahead of potential missed payments. This can, unfortunately, negatively affect your credit score, especially if you get closer to your limit than you normally might.Read more
When you get your first credit card, you can start growing your credit score—but you could also wind up in substantial debt if you’re not careful. You’ll need to make sure you don’t use the full credit limit, for instance. For improving your credit score, make sure to track your purchases and check your statementRead more
If you’re looking to get a first credit card, it can be difficult to know which card to pick. Here are a few options: Discover It Secured card Capital One Platinum card Capital One QuicksilverOne Cash Rewards card Image via BadCredit.org.Read more
When you struggle with bad credit, you may find it hard to get approved for just about anything. The good news is, if you want a credit card, there are some companies out there that will still approve you. Most are secured, meaning you will have to pay a deposit. Here are 3 credit cards you shouldRead more
If you’re considering making a big purchase, you might be thinking of putting it on your credit card. But is this the best move for you financially? It’s easy to keep up with small purchases that you can easily pay off, but the large purchases are the ones that add up after a while andRead more
Have you ever looked at your credit card and wondered what the interest rates were and what they meant for your card and debt? When you’re signing up for a new credit card, you don’t want to overlook the APR information, especially if you plan to have a balance on your card. APR stands forRead more
If you’re an avid traveler and often find yourself staying in Hyatt hotels, then you’ll want the consider the World of Hyatt Credit Card. There are lots of great rewards that come with this card, such as: Bonus: You get a 50,000 bonus for signing up (25,000 points after spending $3,000 in three months andRead more
Selena Maranjlan, an investing and finance expert, warns against cash advances. According to Maranjlan, cash advances can be very costly because of the fees associated with the,. She also states that most card issuers start charging interest for cash advances as soon as you make the transaction. Maranjlan also suggests not to think of credit cards as aRead more
