Category Archives: Cards

Credit card preapproval vs. pre-qualification

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.

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Best ways to pay a large credit card bill

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…

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How do credit cards work?

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.

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