Credit

How to Increase Your Credit Limit on Your Credit Card – Exactly What to Say

How to Increase Your Credit Limit on Your Credit Card – Exactly What to Say

If you’d like to raise your current credit limit on a card, contact your credit card company by calling the number on the back of your card or using the Secure Messaging feature on their website. You have nothing to lose by asking, and if the account has been open for over a year, chances are good that your request will be granted. Here’s a quick series of tips on how to address the situation.

Ready for a Travel Rewards card? Here’s What You Need to Know

Ready for a Travel Rewards card? Here’s What You Need to Know

If you’re trying to save money on travel in the next year, chances are good that getting a travel rewards card is on your mind. When used with enough frequency and foresight, these cards can be used to save hundreds of dollars on airfare, hotels and ground transportation. But getting a travel rewards card isn’t always the right idea, and when it is, there are so many to choose from.

What is a credit score and how is it calculated?

What is a credit score and how is it calculated?

Your credit score is a three-digit number that potential lenders use to determine your creditworthiness. It’s designed to indicate how likely you are to repay a loan in a timely fashion. A higher score reflects a lower risk of delinquency and gives lenders the confidence they need to offer mortgages, car loans, lower interest rates and higher credit limits.

How to Get Approved for a Credit Card

How to Get Approved for a Credit Card

Applying for a credit card has become so easy that it can be done in a matter of minutes. Just visit the card’s website, submit your information and wait for the credit card issuer to get back to you. You should receive a decision within a few days, sometimes even instantly. However, before you apply you’ll want to take careful stock of your credit history and score so that you can maximize your chances of approval.

Is it Time for a Balance Transfer Card? Here’s What to Consider

Is it Time for a Balance Transfer Card? Here’s What to Consider

Balance transfer cards are great resources if you have a large outstanding balance on another credit card with a high-interest rate, making it difficult to pay down. Balance transfer cards usually offer a promotional 0% APR period that lasts anywhere between 6 and 24 months. This makes them specifically designed to give you the time you need to pay off the debt interest-free.

Just the Basics: How Credit Cards Work

Just the Basics: How Credit Cards Work

A credit card allows you to borrow money from a company and make purchases you otherwise might not be able to immediately afford.

How to Choose the Perfect Rewards Card for You

How to Choose the Perfect Rewards Card for You

If you’re confident that you’ll use your credit card responsibly, then a rewards credit card is a great way to earn a passive income. Rewards on these cards take many different forms: there’s cash back, points that can be used for travel, and other benefits which vary from card to card.

Should You Get a Credit Card? 7 Benefits of Having a Credit Card

Should You Get a Credit Card? 7 Benefits of Having a Credit Card

When used responsibly, credit cards offer several advantages for the discerning consumer. Most importantly, they are essential for establishing a good credit score. By paying off your monthly credit card balance in a timely fashion, you will create a strong credit history, which results in an improved credit score. Credit cards also come with the following, lesser-known benefits.

How to Fix an Error on Your Credit Report

How to Fix an Error on Your Credit Report

If you find that your score has suffered a sudden, unexpected setback, there’s a chance it’s been caused by an error in your report or fraudulent activity in your name. These types of impediments have a number of potential consequences, including higher interest rates, rejected loan applications and denied job offers. But discovering an error on your report is the first step towards rectifying it. Once you’ve identified the problem, you can take action by following these steps.