Popular financial advice we tell everybody that’s actually pretty harmful

There are tons of advice givers and wisdom providers out there. Regardless of what topic you seek help and guidance on, there is always someone within arm’s length who is eager to drop some knowledge on you. This surplus of advice is great, considering that years and years ago, you were limited to the advice[…]

How To Dispute Inaccurate Information on My Credit Report

How to Dispute Inaccurate Information on My Credit Report

How to Dispute Inaccurate Information on My Credit Report? You’ve got your eye on a new credit card with great rewards and a sweet sign-up bonus. You completed the application, and you know that it’s just a formality because you have good credit and there will be no problem getting that new card. But then,[…]

How Many Credit Cards is Too Many?

  When it comes to your credit score, bigger, and more, is better. With the exception of how much debt you have (obviously you want that as small as possible if not gone completely), you always want bigger with your credit line. If you have more credit cards, then your credit limit rises, which means[…]

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How does credit card interest work?

Seventy five percent of Americans have credit cards but only one-third of the country understands how they actually work how. No wonder credit card companies are getting richer while Americans are going even further into debt! These companies are “banking” on the fact that their customers do not really understand how credit card interest works, allowing[…]

What makes up my credit score?

The dreaded credit score. It’s a term we’ve all heard on those cheesy commercials for payday loans- “Bad credit? No credit? No problem!” Most of us don’t fully understand what a credit score is and how it functions. But what most of us also don’t understand is just how important our credit scores really are.[…]

Citibank Offers Free Credit Scores to Cardholders

Citibank will join the short list of credit card issuers that offers easy access to FICO scores, beginning in January. Joining Discover, which has been offering free access to FICO scores for over a year now, Citibank will be helping their customers stay on top of their credit more easily. Big Banks Offering Big Perks[…]

How to Close Credit Cards Without Hurting Your Credit Score

For some, just getting a credit card in the first place is a huge accomplishment. For others, they seem to accumulate tons of cards, many of which they don’t need or don’t even use. How do you decide which ones to cancel? And how can you do it without affecting your credit score in a[…]