From the category archives:
Your credit is basic to your finances, and understanding it is important for your financial education. One of the myths you hear about when talking about credit is that checking your own score can damage it. This myth grew up because when some people check your credit score, it really does damage your score — [...]
{ 0 comments }
Since Credit cards are now the most common source of financing for America’s small-business owners. (Source: National Small Business Association survey, 2008) Business owners will have stay alert about which credit card they use on purchases.
With the Card Act passing in 2009, the credit card companies are trying to compensate for future low-earning quarters. They are pushing their [...]
{ 0 comments }
I was reading an article on Bankrate about the advantages of having multiple credit cards. The author asserted that having multiple cards was a good thing because it boosts your credit score, gives a sense of security, and allows users to obtain extra rewards and discounts. All of these are valid points. However, I think [...]
{ 0 comments }
One of the subtle influences on your credit score is the type of credit account you have. For instance, while it doesn’t count that much, it makes a small difference whether you have a department store credit card or a major bank credit card. Normally, I fall firmly into the camp of not having a [...]
{ 1 comment }
One of the most important aspects of your financial life is your credit score. Your credit score is based on information that can be found in your credit report. When your credit report is inaccurate, it can lead to a lower score. In order to keep tabs on the information that is used to form [...]
{ 0 comments }
Today the Federal Reserve as part of the new bill Credit Card Accountability Responsibility and Disclosure Act of 2009, decides to Ban “inactivity fees” and limit Credit Card Fees to $25.
These restrictions add to the provisions already suggested like, limiting the use of credit cards to teens, and my favorite, minimum payment explanation. The Minimum [...]
{ 0 comments }
The blog owner requires users to be logged in to be able to vote for this post.
Alternatively, if you do not have an account yet you can create one here.
Powered by Vote It Up