What is a secured credit card? A secured credit card works like any other credit card—in that you use the card for purchases, and then pay the balance at a later time. The difference, though, is that a secured credit card requires a cash deposit as collateral, typically equal to the ...
5 Signs that you probably shouldn’t use a credit card… While credit cards are a convenient way to make purchases and build credit, they’re NOT the right choice for everyone. Due to their spending habits, some people are better off avoiding credit cards altogether. Are you ...
While no credit history is better than having bad credit, both situations can hold you back. No credit makes it harder to get a credit card, loans, and even rent an apartment. And if you’re approved for financing without a credit score, you’ll likely pay a higher rate compared to an applicant ...
Do you understand the value of a credit score? More importantly, do you know what affects your credit score? A credit score determines the creditworthiness of an individual. It’s a numerical value based on information provided on your credit file or credit report. Some people don’t give much ...
How to Raise Your Credit Score By 50 to 100+ Points A good-to-exceptional credit rating will dramatically increase your chances of getting better interest rates on loans, and even landing that dream job. The repercussions of a poor credit score, on the other hand, include higher interest rates, ...
How to use credit responsibly!!! Here’s what you’re doing wrong… Building a credit history makes it easier to purchase a home, car, and get other types of loans. Plus, a good credit rating often results in better insurance rates, and your utility companies might waive deposits ...
What is the fastest way to fix bad credit? How fast can you repair bad credit? Can I fix my credit score in 24 hours? These questions – and more – are common among people looking to fix bad credit and improve their score. Credit impacts so many areas of our life. It often determines ...