Before applying, be sure to compare balance transfer credit cards. Find out who will give you the longest balance transfer period with the lowest fees.
View detail |
Recently on Money Bulldog we discussed the predicament most newbies face when it comes to getting credit. Most lenders prefer you to already have a decent credit score before they’re willing to lend to you. Yet to get a decent credit score someone is going to have to allow you to borrow money. Enter credit builder credit cards.
Ah, plastic money. Everyone seems to have one in their wallet nowadays. That’s because when you simply don’t have the cash, you can pay for your purchases at a later date.
We have all experienced financial woes and faced hard financial situations, but there is relief. When you become desperate for relief and your credit is a mess, you may think the only options left to you are selling your valuables, asking family for help or take out a bad loan.
FICO is now reporting that in just five years, the average credit score among American consumers has climbed from a record-low in 2009 to a record-high this year. Could it be the result of greater financial awareness among consumers post-recession?