It's practically a universal truth: having a low credit score is bad. But what you may not realize is that having a low credit score can have an effect on more than just your finances. It can have far-reaching consequences, including limiting the kind of lifestyle you're able to attain and even weighing...
While the introduction of chip and pin technology made it more difficult for thieves to fraudulently use credit cards for in-person transactions, hackers tend to be endlessly creative when it comes to theft. The reality is, there are plenty of ways thieves can get their hands on your credit card account numbers, which they can easily use to make purchases…
When you’re considering applying for a credit card, it’s helpful to know beforehand whether you have a good chance of getting approved, especially if you aren’t sure your credit score is high enough. That’s because applying for a credit card typically means a “hard pull” on your credit, which can cause your score to take a temporary dip.
Getting a large credit card bill – whether anticipated or not – can be alarming. However, paying down a large credit card bill can be easier than you think. It just takes a solid, realistic plan and a dedication to budgeting.
Large or growing credit card debt can be detrimental to your finances in multiple ways. For one, carrying a large balance could negatively affect…
Credit cards provide a line of credit you can borrow against, but you don’t have to pay back your entire balance all at once. You can use your credit card to make purchases, take out a cash advance or set up a balance transfer, and you get the option to make payments in any amount that is more than the minimum monthly payment your credit card requires.