Each month, millions of people receive a credit card bill or statement in the mail from their creditors, or they visit the company’s website to get their bills electronically. Even though they submit a payment, they do not necessarily know what all of the fees and sums on the bill mean. Better yet, they may […]
Continue ReadingTag: Credit Score
What Is A Good Credit Score And Why Does It Matter?
A credit score is a numerical value between 300-850 that someone is assigned to show a potential lender how likely one is to honor their debts. The higher the credit score is, the more trustworthy they appear to the lender. This is also called Creditworthiness in the lending industry. But what is a good credit […]
Continue ReadingThe Pros And Cons Of Having A Joint Bank Account
It is common and natural to have a joint bank account with your partner. Although this might signify trust in your relationship and partner, it’s important to understand all aspects. Ensure the decision you have made is right for you and your partner. Even if this sounds and looks great, it’s essential to narrow down […]
Continue Reading10 Smart Ways To Improve Your Credit Rating
If you need to get your credit rating improved, you’re not alone. Millions of people want to see their credit scores go up in order to have lower interest fees and more favorable opportunities for loans. There are plenty of simple ways to get your rating up, but it will take some time. 1. Pay […]
Continue ReadingHow To Protect Your Credit While Dealing With Debt
One of THE most asked questions about a debt management program is, “Will a debt management program hurt my credit score?” Debt management is intimidating enough for many people, but for your financial future, it’s also essential to protect your credit as you move forward. You’re dealing with debt, so the last thing you need […]
Continue ReadingWhat Does Your Credit Score Mean
A credit score is one of the most important numbers that any person ever deals with. This seemingly simple three-digit number tells potential lenders so much about the kind of history that a person has had with their credit in the past. In other words, this score details the actions or inaction that a person […]
Continue ReadingHow To Find Out What Is On Your Credit Card Statement
Credit card statements can be confusing. There are minimum payments, statement balances, and interest rates that show up on a monthly bill, among other things. The banks mail some statements to their customers. They deliver others digitally if the cardholder has opted in to receive electronic statements. There are due dates to worry about and […]
Continue ReadingLearn How To Get A Credit Report For Free
If you have ever applied for a loan or a credit card, you are probably aware of the importance of your credit report and credit score. The information a credit report contains tells lenders whether you are a “credit risk” or not. It can also determine what interest rates you will be offered and other […]
Continue ReadingHelpful Tips To Understand Your Credit Score
A credit score is an integral part of your credit history and overall is essential for many purchases, loans, and other important financial decisions or transactions. It can help determine a lot of things, such as interest rates that you’ll receive or even if you can rent that apartment that you’ve had your eye on. […]
Continue ReadingHelpful Tips on How to Use a Credit Card Responsibly
There are some people that refuse to use credit cards thinking that if they don’t use them, they won’t get into difficult situations. The truth, however, is that credit cards can be powerful tools if they are used properly. They can help you build up your creditworthiness and increase your credit score if you use […]
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