Before applying for a credit card, it is important to understand all the basics such as terms and their definitions. Below, you can find out what credit card terms you should know. Annual Fees A credit card’s annual fee is a yearly charge that is charged to the consumer to use the credit card and… Read More →
If there’s one thing that most personal finance experts can agree on, it’s that everyone needs to have some emergency savings. Having a few months of living expenses in a separate account dedicated to savings is a good idea, because it can help you cover unplanned expenses without going into debt. While an emergency fund… Read More →
Each month that your credit card is open, you’ll receive a monthly billing statement detailing your credit card activity. Your credit card statement includes a list of transactions you’ve made, fees you may have been charged, and payments you’ve made to your account. You don’t want to get rid of statements that you might need in… Read More →
Unlike an unsecured card, a secured credit card requires a deposit before you are approved for the card. So, if you are wondering how to get a credit card with bad credit, then be sure to look into opening a secured credit card. Although the required deposit is the main difference between the two cards,… Read More →
Changing the name on your credit card is not something many people go through in their life. Once you’ve gone through the legal process of changing your name, you’ll also need to change your name on your credit cards. Below, you can find out how and when to change your name on a credit card…. Read More →
Having the ability to change your credit card due date can help you better align credit card and bill payments with each other and your paychecks, in turn making it easier to complete monthly payments on time. Many credit card issuers allow cardholders to move their due date. There are many reasons why you might… Read More →
Different retailers often try and talk their customers into signing up for store-branded credit cards. Many of them promise to reward account holders with exclusive discounts and perks. You can take advantage of cardholder benefits, but shoppers should be aware of the disadvantages of having that new account. Below, you can find compare the pros… Read More →
Credit cards provide the ability to build a credit record and receive a credit score, along with many other benefits. If you have a high credit utilization on your cards, you might find yourself with lower credit scores. This makes it a more difficult time making larger monthly payments, and a higher interest rate on… Read More →
Subprime is a term used to describe the credit of a consumer who either lacks a credit history or has damaged their credit in some way. Subprime credit cards are aimed at users who have subprime credit histories. In this guide we will break down what a Subprime credit card is as well as the advantages and… Read More →
If you have bad credit, you might want to check out a secured credit card. This is a type of credit card that is backed by a cash deposit from the cardholder, which reduces the risk to the issuer. When used responsibly, secured cards can give you an opportunity to build or rebuild your credit…. Read More →
Once you go through the process of choosing a savings or checking account, it’s important to keep the funds inside them — and yourself — safe. Illegal access to your financial records is one of the fastest-growing fiscal crimes today. Although this is growing to be a big problem, there are a few simple steps… Read More →
If you have bad credit, you shouldn’t worry too much, as you still have options. Although you shouldn’t apply to regular credit cards, there are still two types of cards you can look into: secured and subprime. These cards are intended for people with bad or no credit to help you build your score. If… Read More →
It is very important to keep track of your credit score. Picking your first new credit card is a very big decision, and deciding whether you want to earn cash back or points on your purchases. Regardless of which you pick you won’t be making a bad decision as both give you something back on… Read More →
Each month, your credit card issuers will send you a credit card statement at least 21 days before your minimum payment due date. Because you will be reviewing this document each month, you should know how to read your credit card statement as well as what you should pay attention to on the statement. Your… Read More →
Getting a Credit Card Cash Advance is not a common occurrence for most people. Generally someone would take a Credit Card Cash Advance if they needed cash in a hurry. Keep reading below to find out how a Credit Card Cash Advance works. What is a Cash Advance on a Credit Card? A cash advance… Read More →
