This Is Why Your Credit Limit Was Lowered
Credit card companies have the freedom to raise or lower your credit limits as they see fit. If you’ve been a long-standing customer who’s always paid your bills on time, …
Read MoreTag: credit history
5 Surefire Ways to Maintain a Good Credit Score in Retirement
You’re nearing retirement. Once you hit this milestone, you won’t have any reason to worry about your credit score, right? Not exactly. Maybe you expect to have your auto loan …
Read More
3 Ways Education Can Impact Your Creditworthiness
Many factors can impact your credit score, but is education one of them? In short, no. Education does not directly affect your credit score. Whether you have a Ph.D or …
Read More
Don’t Carry a Balance? Here’s Why You Still Need a Credit Card
Anybody can go into debt, quickly. Giving into impulse buys is only a swipe away with plastic in your pocket. It’s easy to lose track of how much you’re spending, …
Read More
How to Boost Your Credit With a Balance Transfer
Balance transfers can be a practical and effective way to tackle your credit card debt. Simply, you transfer your high-interest credit card debt to a card with a lower rate. …
Read More
5 Questions to Ask Before Signing Up for a New Credit Card
There’s no shortage of attractive offers for new credit cards. The credit card industry is extremely competitive, and you are likely to come across advertising for new cards on television, …
Read More
How Your Bad Credit Can Impact Your Kids
This is not about laying the guilt on you as a parent (there’s already plenty of that to go around). However, you need to know that bad credit not only …
Read More
5 Myths About Credit Cards That Won’t Go Away
The idea of evaluating a person’s creditworthiness goes back as early as 1899, when Equifax (originally called Retail Credit Company) would keep a list of consumers and a series of …
Read More
How to Bounce Back From a Bankruptcy
Whether you’ve filed Chapter 7 or 11, bankruptcy is not ideal — but it’s also not the end of the world. You’ve made some monetary missteps along the way, sure, …
Read More
4 Reasons to Add Your Teen as an Authorized User on Your Credit Card
Giving your kid access to your credit card account might make you squirm, but there are some good reasons to do it. Teens need to be educated about credit before …
Read More