There’s no such thing as “perfect credit” because everyone has debts, especially student loans. There are, however, measures of a person’s creditworthiness that can help determine how and when they can borrow money. Before getting into the nitty-gritty, there is…
These are my criteria for credit cards that we would recommend to others. This list is focused on zero-interest cards that offer significant rewards to customers that pay the balance in full every month. Any reward card has a minimum…
Bad credit is something that almost everyone wants to avoid. It can lead to a bad reputation in the business and can make you have a hard time getting approved for financial products. If you are one of the millions…
This month, we have compiled a list of the best Credit Cards of April 2022 for credit professionals, according to five notable sources. These sources include Forbes, CardRatings.com, MoneyGuidePro, and WalletHub. Lowe’s Credit Cards: Lowe’s is a privately-held company and…
One of the most important and often neglected aspects of personal finance is how to choose a quality credit card that will not break the bank. As an example, many people choose a high-interest rate credit card because they don’t…
Recently, reports of credit card companies reducing minimum payments for their borrowers have been making the rounds online. According to these reports, many card issuers will now allow borrowers to pay just the minimum payment on their credit card bills,…
If your credit report is anything but stellar, it is likely that you are aware of your credit issues. The good news is that you can fix many of them for good, with a little effort. A bad credit score…
The utilization ratio is the percentage of available credit you use on average. For example, let’s assume you have a credit card with a limit of $3,000, and your average credit usage is $500 a month. Your average utilization ratio…
As any credit card or loan holder knows, the more credit you have available, the more options you have for credit available. Unfortunately, this has come at a cost: Credit reports are full of problems with negative information that gets…
Credit repair is one of those tricky topics that seems easier to avoid than to fix. If you are like most people, you have a bad credit score because something unfortunate happened to you. This could be anything from being…