How the Mobile Wallet Might Impact Your Credit Score
E-wallets are going mainstream, and as more consumers buy in they should be questioning whether the technology could affect their credit score. Consumers might not see an immediate parallel, but there are a few factors for mobile wallet users to consider. For one, the mobile wallet industry is still young, and […]
5 Times You Need a Credit Card
For decades, economists have been predicting that we would live in a cashless society. And while this may be true someday, many still prefer to use cash as a brute force method of preventing debt. Nevertheless, here are five times when even the most ardent opponents of credit cards will find […]
Credit Cards That Help Fund Retirement
Credit cards can do a variety of things: Buy items, facilitate auto-billing, earning rewards, and more. Some might even call them the Swiss Army Knife of the financial world. But, can credit cards be used to help build a retirement nest egg? The answer is, yes. Read more…
How Debts in Collections Can Affect Your Credit
If you have neglected paying your bills, or a creditor’s records mistakenly make it appear that you have, you may have accounts in collections. It is extremely important to know how this affects your credit and what you should do about it, as having an account in collections can be devastating to your […]
Help! My Credit is Dismal. What Can I Do?
A lot of credit advice is written to help people whose credit is somewhere between the “good” and “not-so-good” range. But what about if your credit has been completely damaged? It’s easy for it to happen, especially after a divorce, bankruptcy, job loss or some other stressful event. Tip #1: Fix […]
Does Your Credit Score Care What Kind of Credit Card You’re Using?
It’s well known that maintaining a low credit utilization percentage is an important part of a good credit score. What may not be so obvious, though, is that retail card credit utilization tends to play a less-important role in your score than credit card utilization. For this reason, to maximize an […]
5 Lessons Thanksgiving Can Teach You About Credit
Thanksgiving is a time of turkey and stuffing and football and post-dinner napping. It’s also a time to teach us some reminders about boosting our credit score. Here are 5 Thanksgiving-inspired tips to help you with your credit: Tip #1. You Can’t Only Eat Pie For Thanksgiving Tip #2. Rake Up […]
How To Build Credit When You Don’t Have Any
There is a lot of outdated crap on the internet about how to build credit when you don’t have any and I’m tired of hearing the same stuff over and over. I’m going to tell you the best way to build credit. It’s actually pretty easy if you follow these steps. These […]