Access to Credit
Do I Need Credit Monitoring?
Have you ever been blindsided by your credit score? Maybe you applied for an auto loan or a new credit card and got denied due to your credit score not being where it was a few months ago when you last checked. Credit scores are ever-changing and can either drop or increase drastically. Don’t allow your credit score to catch you…
See Full Article Here ->Credit Card Agreements Matter: Here’s Why
There are plenty of factors that may sway you towards one credit card versus another. One may have double cash-back rewards, while the other may rack up airline miles for frequent fliers or have 0% APR for the first 12 months. Credit card companies make the selling points very clear to draw in customers but the…
See Full Article Here ->Manage Multiple Balances on One Credit Card
Traditionally, the expectation is to have one interest rate that impacts the credit balance on a credit card month-to-month. But it is possible to carry multiple balances with different interest rates on the same card. When this happens, it is very easy to forget which balance is being paid down and mismanage payments. What should…
See Full Article Here ->Credit Card Hardship Program? Here’s if You Should Do It
If you are going through a temporary financial rough patch, say you’ve lost your job or had a serious accident, it can get difficult to meet your debt obligations. In such a situation, it may be worthwhile for you to talk to your credit card issuer and find out whether they offer any hardship programs.…
See Full Article Here ->4 Easy Steps to Transferring a Credit Card Balance
How to Execute a Balance Transfer in 4 Simple Steps For individuals carrying high balances on credit cards, one way to get rid of debt is to consider a balance transfer. Balance transfer cards are those that offer a short interest-free period during which the cardholder can pay off their entire debt without accumulating any…
See Full Article Here ->6 Ways In Which You Can Increase Your Chances of a Credit Card Approval
Applying for a credit card is a simple process these days. More often than not you just have to fill out information on an online form and hit submit. However, getting approved for the card can be a lot harder, as the process involves an evaluation of the applicant’s income, credit score, and debt.…
See Full Article Here ->Review: Top 5 Small Business Credit Cards
Individuals use credit cards, almost daily, for various purposes – from booking airline tickets to buying groceries. In return, they can take advantage of the many perks that credit cards offer – from cash back and reward points to travel miles. However, few are aware that credit cards can be immensely useful for small…
See Full Article Here ->Avoid these Big Credit Card Application Mistakes
Not everything is as easy as it seems. You may have heard people using this adage for plenty of tasks, but this saying especially holds true when it comes to obtaining a credit card. The process of applying for a card is easy enough. All you need to do is fill out an online…
See Full Article Here ->Scan Your Credit Report to Answer these 3 Important Questions
On this blog, we often highlight the importance of checking your credit report at frequent intervals. One of the reasons why scrutinizing your report is essential is that it helps you identify cases of identity theft. Another reason is that by a careful perusal of your report, you can determine whether or not your creditors…
See Full Article Here ->Why Your Credit Card Application May Be Rejected Despite an Excellent Credit Score
Here we regularly talk about the importance of maintaining a good credit score. A favorable score can get you a mortgage, car loan or credit card easily, and can also ensure good interest rates. However, did you know that despite having excellent credit, a bank or financial institution may refuse to issue you a…
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