If you don’t have much credit history or need to improve your score, there are many ways to go about this. Kikoff Credit promises to boost your credit score for a small monthly fee. Does it work? The team at Credit Summit signed up to find out. Our Top Pick: Kikoff Disclaimer: Credit Summit may …
Kikoff Credit Review: We Signed Up to Test the Service Read More »
Credit cards and charge cards both let you make a purchase now and pay for it later. There are still important differences between these two types of cards. Let’s look at what those differences are and which card might be best for you. At a Glance: Charge Cards vs. Credit Cards It’s important to note …
Charge Cards vs. Credit Cards: What’s the Difference? Read More »
A credit card can be a valuable tool. It can also be a huge financial burden. Credit cards have led millions of Americans into an unsustainable cycle of uncontrolled spending and high-interest debt. If your cards are maxed out, you’re routinely carrying a balance, or you’re using your cards for impulse spending, it’s time to …
How to Stop Using Credit Cards: 8 Tips and Tricks to Break the Habit Read More »
Your credit utilization ratio, or credit utilization rate, is the amount of available credit you have versus how much you’re currently using. It primarily refers to revolving credit — lines of credit and credit cards — since these have an upper limit but the balances can change based on your usage. It is a key …
What is a Credit Utilization Ratio? Learn How to Calculate Yours Read More »
Ever checked your credit report and noticed something unusual? Perhaps a mortgage you didn’t take out or a credit card bill you swear you’ve paid? Credit report errors happen all the time. Fortunately, it’s easier to fix them than you might think. Common Mistakes on Your Credit Report Credit reporting is an imperfect system. More …
How to Check Your Credit Report and Dispute Errors Read More »
Netflix has about 222 million subscribers, and Disney, which owns Hulu and ESPN, has nearly another 200 million subscribers. That’s a lot of opportunity for millions to increase their credit scores. If you’ve wondered whether Netflix payments can help you build credit, the short answer is yes. Almost all streaming-service subscriptions can help build and …
Do Subscriptions Like Netflix and Hulu Build Credit? Read More »
Teaching kids to save money and build healthy financial habits can be 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 …
Teaching Kids to Save Money: 15 Tips to Build Healthy Financial Habits Read More »
Credit card companies make their money by charging customers interest and fees, and it’s a lucrative business. According to the Consumer Financial Protection Bureau, Americans pay $120 billion in credit card interest and fees each year. That adds up to about $1,000 per family per year. But it’s often an unnecessary expense. If you’re careful, …
How Much Do Credit Cards Cost? What Card Issuers Don’t Want You to Know Read More »
One of the best ways to teach your kids about credit is to let them learn through experience. Some parents want to give their kids credit cards as a learning tool or to help them out if they’re in a position where they suddenly need money. Pro tip: This is more complicated than it sounds. …
10 Best Debit Cards to Teach Kids About Money Management Read More »
Here’s some good news: unlike Bumble, Tinder or a loan app that doesn’t disclose terms, when you just don’t know if you’ve found a match, you don’t have to apply for every card you find to see if it’s right for you. If you learn how to read the fine print and are honest with …
Best Starter Credit Cards: 11 Options for Beginners and Rebuilders Read More »
