Potential Credit Card Mishaps in the New Year

December 31, 2020

With the new year here, there’s no better time than now to take full control of your finances. And for many people, that means staying as far away from potential credit card mishaps as possible. The last thing you want to do is make a mistake that will cost you time and/or money. Should this happen, your financial situation can take a hit, which results in more complications in the future. On the plus side, when you’re aware of the many mishaps that are lurking, it’s much easier to avoid them. Here are four that should be on your radar
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How to Manage Joint Credit Card Debt in Divorce

November 24, 2020

There’s a lot to think about as you prepare for the divorce process, with many concerns turning toward your current and future financial circumstances. It doesn’t hold true for everyone, but many divorcing couples find that they have joint credit card debt to manage. There’s no one size fits all approach, but there are several strategies to consider. Here’s where you should start: 1. Pay it Off Together If you’re able to talk through your debt, you may realize that paying it off with money you have in savings is the best option. This allows you to eliminate the debt
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What to do if You Max Out Your Credit Card

November 5, 2020

When you apply for a credit card, you do so with the idea that you’ll manage it in a responsible manner. But them something happens: you quickly find your balance growing out of control. Before you know what hit you, your credit card is maxed out and you’re in a deep hole. Should you find yourself in this position, there are three things you need to do: 1. Don’t Panic There’s nothing worse than learning that your credit card is maxed out. This means many things, including the fact that you can’t use it for the time being. Not to
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Credit Sesame – Free Credit Score

September 25, 2020

Let’s face it: there are many aspects of your finances that are critical to your current life, as well as the future. And that definitely holds true of your credit score. If you don’t know your credit score and/or can’t remember the last time you checked it, now’s the time to take action. There are many ways to obtain your credit score for free, with the Credit Sesame free credit score service at the top of the list. Before we get into the finer details of Credit Sesame’s service, let’s take a closer look at why you want to maintain
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How to Best Manage Credit Card Debt

September 18, 2020

In a perfect world, you’d never find yourself carrying credit card debt. Instead, you’d pay your balance in full each month and start fresh. Even if this is your goal – even if it’s something you’ve been able to do in the past – you never know what the future will bring. If you’re facing credit card debt, it’s important that you take the right steps at the right time. Doing so will put you on the right track to eliminating your debt. Here are some steps to take: 1. Know Your Debt It’s one thing to know that you
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Can You Get a Credit Card with Bad Credit?

September 5, 2020

Bad credit will impact your finances in a variety of ways. For example, you may assume this will make it impossible to secure a credit card. While it may throw a wrench into your plans, it’s not the end of the world. You have options available. In short, you can get a credit card with bad credit. It may not be easy, but with the right approach you’ll find yourself inching closer to your goal. Here are three things to keep in mind: 1. Don’t be Overly Selective You shouldn’t apply for a credit card just to do so. You
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Credit Report Red Flags: Look for the Following

August 15, 2020

There is nothing better than reviewing your credit report and liking everything you see. This is sure to put your mind at ease from a financial perspective. But what happens if something doesn’t look quite right? Should you take action or wait to see what happens? As a general rule of thumb, if something looks out of place on your credit report there’s a good chance it is. And for that reason, you should contact the appropriate credit bureau (Equifax, Experian or TransUnion) to file a dispute. Here are some of the credit report red flags that should raise suspicion:
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The Importance of Checking Your Credit Score

August 9, 2020

When was the last time you checked your credit score? Can you remember, or was it so long ago that it has slipped your mind? While there’s no good reason to check your credit score every day of the week, you should get into the habit of doing so regularly. Generally, twice a year is more than enough to stay informed. Here are some of the many times you should check your credit score (even if you’re not scheduled to do so): 1. You Were Denied a Loan There are many reasons why you may be denied for a loan,
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Boost to your FICO® Score – Quickly!

July 13, 2020

You’ve seen the commercials. You’ve read about it online. You may have even heard friends and family talk about it. Experian Boost is a relatively new financial product that’s helping millions of consumers in a variety of ways. Here’s the Experian Boost tagline: Only Experian can raise your FICO® Score instantly How does that sound to you? Could you benefit from a quick boost to your FICO® Score? Here’s How it Works If all this sounds interesting to you – and it probably does – it’s simple to get started with Experian Boost. Here’s what you have to do: Connect
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Can You Get a Credit Card with No Credit?

March 30, 2020

If you have a long credit history and excellent credit score, it’s typically easy to secure a credit card.  But what if you’re fresh out of college? What if your credit history is limited? Can you still obtain a credit card? A history of no credit could pose a challenge. There’s no two ways about it: getting a credit card with no credit can be a challenge. However, with the right approach, you can kickstart the process and find yourself on the right path. Here are some tips that can work in your favor: 1. You Need a Steady Income
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Do You Have an Emergency Credit Card?

March 15, 2020

You never know when you’ll come face-to-face with an emergency. Should that happen, it has the potential to turn your finances upside down. Fortunately, if you prepare in advance, you’re in better position to deal with anything that comes your way. And that’s why you should consider carrying an emergency credit card. As the name suggests, this is a credit card that you keep nearby for emergencies only. You don’t pull it out to buy your morning coffee or upgrade to the latest big screen television. Instead, you keep it tucked away for only the most serious of financial circumstances.
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Could You Benefit from a Balance Transfer Credit Card?

December 5, 2019

You’ve finally come to the conclusion that you have entirely too much credit card debt. And while you understand the need to take action, you’re unsure of where to start. Time to learn about the benefits of balance transfer. If your debt is spread across several credit cards, it may make sense to consolidate it. One of the best ways of doing so is with a balance transfer credit card.  While the basic gist is simple to understand, it’s the actual benefits of a balance transfer credit card that will help you decide if it’s right for you and your
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5 Purchases to Make on Your Credit Card

November 25, 2019

You have a credit card and you want to make the best use of it at all times. To do so, it’s critical to have a clear idea of which purchases to make on your card and which ones are best for another form of payment. What you purchase on your credit card is based largely on preference, but here are five items that belong on this list: 1. Online Purchases It goes without saying that you can’t pay with cash or check when shopping online. So, that leaves you with a credit card or debit card. The primary benefit
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Should You Apply for an Exclusive Credit Card?

November 10, 2019

You have excellent credit, you use a credit card often, and you’re looking for ways to make the most of your spending. In this case, it won’t be long before you come face-to-face with a few exclusive credit card offers. While the word “exclusive” means something different to everyone, when it comes to the credit card industry these offers are only for individuals with a high credit score and a reputation for being financially responsible. Exclusive credit card offers are intriguing, but that doesn’t necessarily mean it’s right for you. Here are some questions you should answer before applying: 1.
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Your FICO Score and Getting the Best Credit Card

October 5, 2019

Are you in the process of comparing credit cards? Are you obsessed with the idea of securing the best offer? Do you understand what credit card issuers look at when reviewing your application? Your FICO score plays a big role when applying for a credit card. For example, if you have an excellent score, you’ll qualify for almost every offer you come across. Conversely, if you have a poor credit score, your options are a bit limited, thus forcing you to spend more time on your search. It’s important to do two things before you begin your search for the
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How to Benefit from Your Excellent FICO Score

August 2, 2019

It takes a lot of work to achieve an excellent (or exceptional) FICO score. While it doesn’t come overnight, it’s well worth it in the long run. According to Experian, a FICO score of 800 or higher is considered excellent.  Only 21 percent of people have an excellent credit score, but those who do are in position to take advantage of many benefits. Here are five ways to benefit from an excellent FICO score in the future: 1. Get a New Credit Card If you don’t like what you’re getting from your current credit card, an excellent FICO score puts
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Top Credit Card Perks Associated with Excellent Credit

May 7, 2019

According to Experian, an excellent or exceptional credit score falls between 800 and 850. While only 20 percent of consumers have an excellent score, if you’re lucky enough to reach this level it will provide you with a variety of financial benefits. This is particularly true when applying for a credit card. There are credit card offers designed for every type of consumer, regardless of credit score. For example, if you have poor credit, you can use a secured credit card to rebuild your score. However, if you want access to the best credit card offers and top perks, you’ll
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5 of the Most Commonly Asked Credit Card Questions

March 26, 2019

Maybe you’re interested in applying for your first credit card. Maybe you’ve been using your credit card for as long as you can remember. Or maybe you’re ready to make a change from your current card. Regardless of your situation, there’s a good chance you have a few questions on your mind. Here are five of the most common: Which credit card is right for me? This is a common question asked by consumers who don’t have any experience with a credit card. Unfortunately, there is no simple answer to this question. Some people opt for a secured credit card,
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5 Things You Need to Know About Credit Card Fraud

March 13, 2019

If you have never been the victim of credit card fraud, it’s easy to overlook just how common it is. For example, Experian shares the following statistics: “The number of credit card numbers exposed in 2017 totaled 14.2 million, up 88% over 2016. In addition, nearly 158 million Social Security numbers were exposed in 2017, an increase of more than eight times the number in 2016.” So, not only is credit card fraud common, but the problem appears to be growing. Here are five things you need to know about credit card fraud: It Could Happen to You Don’t tell
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5 Times it Makes Sense to Cancel a Credit Card

December 17, 2018

There may come a point when you feel that you no longer need your credit card. This happens for many reasons. Maybe you have another credit card with more to offer. Or maybe you’re tired of finding yourself in debt. Regardless of the reason, you have the right to cancel your credit card. However, if you’re not careful with your approach, you could damage your credit score by doing so. Here are five times it makes sense to cancel your credit card: 1. You Have No Plans of Using Your Credit Anytime Soon Since your credit score is likely to
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