Secured credit cards are primarily used to help people build credit. Like any other regular credit card, a secured credit card comes with a credit line; as such, any payment activity is reported to the major credit bureaus. However, unlike a typical ...
Continue reading How Does a Secured Credit Card Work?
What Should I Do if My Credit Card Application Is Rejected?
Nobody wants to have a credit card application rejected, but it happens. If your application was denied, the good news is there are steps you can take that may still put plastic in your wallet.
Rule out simple application errors. You rejection ...
Continue reading What Should I Do if My Credit Card Application Is Rejected?
How Can I Find My Credit Score for Free?
Your credit score is a financial report card that tells lenders how risky it is to do business with you. The higher your score, the more likely you are to pay back a loan -- and that means that lenders will be more willing to offer you bigger loans ...
Continue reading How Can I Find My Credit Score for Free?
Good to Know: The 5 Criteria That Determine Your Credit Score
Your credit score is a financial report card that tells lenders how risky it is to do business with you. Scores range from 300 to 850.The higher your score, the more likely you are to pay back a loan -- and that means that lenders will be more ...
Continue reading Good to Know: The 5 Criteria That Determine Your Credit Score
How Do I Choose the Best 0% Purchase Credit Card?
A 0% purchase credit card offers zero interest on purchases for an introductory time period. After this period expires, any outstanding balances are charged a standard interest rate.
Here are some important points to consider when finding the best ...
Continue reading How Do I Choose the Best 0% Purchase Credit Card?
What Is a 0% Purchase Credit Card?
As the name implies, a 0% credit card offers 0% interest on purchases for an introductory time period -- typically from 6 to 12 months. After the intro period expires, any outstanding balances are charged a standard interest rate.
Avoid getting a ...
Continue reading What Is a 0% Purchase Credit Card?
How Do I Choose the Best Rewards Points Credit Card?
There is no magic to selecting the right reward points card. In fact, it basically comes down to just a few basic steps:
Identify your most important perk. For example, if you're not interested in traveling, then consider a cash dividends or ...
Continue reading How Do I Choose the Best Rewards Points Credit Card?
How Do I Choose the Best Air Miles Credit Card?
An air miles rewards card are perfect for folks who love to travel and have great credit -- so you'll want to make sure you maximize your dividends by using the following strategies:
Compare interest rates and annual fees. Rewards cards typically ...
Continue reading How Do I Choose the Best Air Miles Credit Card?