Personal Credit
6 Financial Mistakes that Will Cost You Big
Finances are a stressor that no one enjoys discussing and a study shows nearly 30% of Americans are not saving any of their income. Changing spending habits can be difficult when you cannot determine where you are making mistakes. While everyone’s finances will be unique, there are a few common mistakes that anyone can avoid to…
See Full Article Here ->Are You Falling for These 5 Credit Myths?
As credit scores have become more accessible, many people have developed misconceptions about what is beneficial for their credit and what is harmful along the way. It can be challenging to separate a myth from fact, so we have gathered five of the most common credit myths and will reveal their truths. 1. It Takes a Long Time to Develop a Bad Credit…
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 ->Is Making ‘Minimum Payments’ Every Month Financially Toxic?
How many times do you find yourself charging your credit card for inventory, or supplies when you know you won’t be able to make the full payment? Covering costs during a global pandemic as a small business owner has become tricky. You still need to purchase inventory, but deliverables are different, and making up for…
See Full Article Here ->4 Primary Ways Debt Consolidation Affects Your Credit Score
Nobody wants to owe money to creditors; everyone wants to be free of debt. Until all the money owed is paid off, the person in debt cannot save as much money or fully utilize their income. Those who are overwhelmed with debt sometimes opt for debt consolidation. What is debt consolidation? Debt consolidation is the…
See Full Article Here ->3 Reasons to Get a New Credit Card
As a consumer, if you are used to shopping for groceries from a certain store, you may be unwilling to go to another for the same purpose. The reason for this can be summed up in one word – a habit. Once we are accustomed to something, we often don’t want to try anything new.…
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 ->What To Do After A Late Credit Card Payment
Late fees are one of the reasons why we all worry about missing our credit card payment. In this quick read, we’ll tell you exactly what you can expect to lose if you don’t make your payments on time. We’ll also tell you how to avoid such a situation, or at the very least, how…
See Full Article Here ->6 Fatal Mistakes that Make You Susceptible to Credit Card Fraud
There is no doubt that with every passing day, cyber criminals are becoming more and more ubiquitous. In the last five years alone, at least 1 in 4 consumers have been a victim of credit card fraud. However, this is not simply due to the availability of sophisticated malware and the growing expertise of…
See Full Article Here ->Seven Personal Details That Will Never Appear Your Credit Report
If you’ve scrutinized your credit report carefully, you may feel that this document reveals everything about you – your name, address, social security number, date of birth, and so on. Nevertheless, there are certain things that will never appear on your credit report. To find out what information is hidden from lenders, read on!…
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