A credit card can help you build credit history and scores, enabling you to find housing, buy a car and sometimes even get a job. According to the 2019 Experian Consumer Credit Review, the average American has four credit cards. In fact, not having a credit card in the United States makes it almost impossible …
How Many Credit Cards are Too Many? Don’t Apply Too Often Read More »
Teaching kids to save money and build healthy financial habits can serve as a good foundation for a bright financial future. It is never too young to start laying solid financial foundation practices that will cause them less financial stress in the future. Before kids can save money, they need to make money, and understand …
How to Teach Kids to Manage Money in 15 Simple Steps Read More »
Getting your first credit card after you turn 18 is a rite of passage. It’s also one of the best ways to take control of your finances and start building credit. Many credit card companies offer products geared specifically toward students, giving you a perfect starting point. To learn more about the best credit card …
Best Credit Cards for Teens and College Students Read More »
Good credit plays an essential role in your financial life. It is necessary to qualify for a loan or get a credit card and for things like getting cellular telephone service, renting a car, and perhaps even getting a job. Your credit history and credit scores are your purchasing power. It’s not possible to stress …
Fair Credit Reporting Act Violations: Know Your Rights Read More »
One of the best ways to teach your kids about credit is to sign them up for one of the credit cards for kids that is available. The practical hands-on approach will give them experience managing their money, creating budgets, making payments, etc. And the best part is that these cards pose relatively little risk …
Credit Cards for Kids and Teens: What You Need to Know Read More »
In 2021, the credit repair industry in the United States was worth $3.4 billion. Around one-third of all American consumers have found at least one error on their credit report. The errors can range from simple misspellings to incorrectly reported bankruptcies. Some errors can bring your entire credit score down, thus making it difficult to …
Best Credit Repair Software: Here are 10 Top Options Read More »
Have you ever been out enjoying the weekend knowing that you have $500 in your account to spend and wake up to a nightmare Monday morning that you are overdrawn and slapped with a $35 overdraft fee? Or that charges on your credit card have been declined? Credit cards have a lot of advantages. Be …
Current Balance or Available Credit — What’s the Difference? Read More »
You’ve just gotten home from work and sat down to dinner, and the phone rings. The caller says he can help you repair your bad credit and offers the promise of getting it back up to par. Do not fall for it. Before turning to a potential scammer posing as a credit repair organization for …
Credit Repair Organizations Act: Here’s What You Need to Know Read More »
Seeing your credit score suddenly drop for an unknown reason can certainly give you a scare. There are a number of reasons why your score may have dropped, ranging from small mistakes like a single missed payment to much more serious situations if a stranger has gotten a hold of your financial information. If you’re …
Why Did My Credit Score Drop? Here are 10 Possible Reasons Read More »
Having bad credit or no credit can complicate your financial life. Even with a reliable income but no credit history, you will be deemed a risk because you don’t yet have a track record. A lack of credit can result in trouble finding a place to live, inability to get a car loan, or paying …
How to Use a Secured Credit Card to Build Credit Read More »
