Admin Manager - Monday, July 17, 2017
People believe that having no credit cards, not owing money, and, basically, avoiding anything related to credit will improve their credit score.
Well, the opposite is the truth - lenders want you to show them that you can handle credit, and, of course, the only way they can notice is if you have credit that you handle correctly. Having no credit at all can be worse for your credit score than having a few credit accounts that you pay off conscientiously.
So, if you currentl ..
Admin Manager - Sunday, July 09, 2017
By simply paying your bills on time you’re already improving your credit score. That sounds ridiculously simple but it really works, because paying promptly shows lenders that you take debts seriously.
Paying your bills on time increase the odds of you making the payment on a new debt on time as well, and that is definitely something a lender is interested on. In fact, according to experts, up to 35% of your credit score is based on how often you pay your bills on time, this easy ..
Admin Manager - Tuesday, October 04, 2016
0% APR credit cards: a tool to eliminate debt.
It is interesting to note that what started off as a marketing gimmick has now become an almost permanent part of the credit card industry in America and today 0% APR credit cards can, in fact, play a significant role in helping a person reduce or get out of debt.
What is a 0% APR credit card?
APR is the annual interest rate known in the industry as the “Annual Percentage Rate”. It is a reflection of the cost of credit. In ..
Admin Manager - Tuesday, September 27, 2016
Credit cards are a big responsibility. When used improperly, they can disrupt your future financial solvency and cause you other cash flow problems. The more you know about credit, the more likely you will use this powerful tool wisely.
Credit card users nowadays are making a giant leap from the typical shopping experience to a cashless shopping extravaganza. It is very easy to get in over your head with credit cards.
With the endless shopping convenience that credit cards can bring, m ..
Admin Manager - Tuesday, September 20, 2016
In today's economic situation, everything is getting more and more expensive and this is why people go to any lengths just to save money. Some people try to save money by purchasing cheaper goods and some try to save on utility expenses like electricity, gas, and water.
Credit cards are one of the most popular ways to purchase goods and services. They can even be used to pay your utility bills. With a credit card, you don't have to carry a lot of cash in your wallet to purchase the thi ..
Admin Manager - Tuesday, September 13, 2016
You will see many lenders offering 0% APR credit cards. If you’re thinking of applying for a 0% APR credit card, it is worth taking the time to research to compare all the offers and benefits available.
Although many companies offer 0% interest credit cards, in most cases it is for an introductory period of 6 to 12 months only. You should take the time to compare the agreements and conditions carefully as these vary considerably from lender to lender. It's also important that you take ..
Admin Manager - Tuesday, September 06, 2016
Some people believe that owing no money, having no credit cards, and avoiding the whole world of credit will help improve their credit score.
The opposite is true - lenders want to see that you can handle credit, and the only way they can tell is if you have credit that you handle responsibly. Having no credit at all can actually be worse for your credit score than having a few credit accounts that you pay off scrupulously.
If you currently have no credit accounts at all, opening a ..
Admin Manager - Tuesday, August 16, 2016
Be careful when offered a 0% APR credit card. While most cardholders would be thrilled with a 0% interest rate, the reality is that this type of offer is only applicable during the introductory phase. As you begin to use your credit card, you will start facing interest charges on your transactions. Here are some tips when it comes to dealing with the 0% APR on credit cards:
Don’t be taken in by the attractive offer of 0% APR. Know that the 0% APR is applicable to the total of the interes ..