We know that installment loans, such as those for cars and homes, are integral to building credit, but does leasing work in the same way?
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Many people make the mistake of thinking that they don’t need a credit card. While credit cards have gotten plenty of people in trouble in the past (myself included), they are nothing to be afraid of when used responsibly and appropriately.
Since your credit is so important, it’s important to avoid making assumptions that could ruin your finances.
If you want to maximize your credit score, you need to make sure that you have an installment loan or two under your belt.
Many secured credit card issuers are open to the idea that you should be able to convert your secured card to an unsecured card. This can provide you with a bit of a boost to your credit, and even supply you with a higher credit limit.
Whether your financial bumps are from unexpected emergencies, unemployment, or chronic low income, there are steps you can take in order to lessen the stress and, perhaps, find a way out.
When you’re concerned about your identity, and how it might impact your credit, it can make sense to consider paying for a credit monitoring service.
Some consumers suffer from the misconception that paying off an account that has gone to collections will improve their credit score. They hold that belief in part because they think that a debt collector is going to remove the negative account from their credit report once the debt is paid in full. Those consumers are most likely wrong on both points.
The Carnival credit card is a great way to get some money off your next cruise. Read my Carnival credit card review to see how you can cruise for less.
When you sign up for a credit card, chances are you are looking for something specific. But you might be getting more than you bargained for when you sign up for some credit cards — in a good way.