Category: Credit Help and Tips

So you’re thinking about traveling abroad.  Sweet, but before you jump on that plane, there’s plenty to do to ensure you have a safe and satisfying trip. Packing and planning aside, you should be squarely focused on your finances, as foreign vacations can cost you and your family thousands of dollars, and a few right… Continue reading The Best Credit Cards to Use Abroad for Free!

Credit card Q&A: “Do credit card companies verify income?” With all the recent rule changes shaking up the industry, you may be wondering how credit card issuers actually determine whether you’ll be approved or denied when applying for a credit card. And while credit scoring is paramount in that decision, other underwriting metrics are also… Continue reading Do Credit Card Companies Verify Income?

Credit card Q&A: “Are credit cards with annual fees worth it?” There’s probably a misconception out there that all credit cards come with an associated annual fee. While this certainly isn’t true, there are a good number of credit cards that do have an annual fee. But why? Well, some credit card issuers offer special… Continue reading Are Credit Cards with Annual Fees Worth It?

Credit card Q&A: “Are credit cards bad for your credit score?” In short, no, opening a credit card won’t hurt your credit score, at least not in the long run. Sure, you may see your credit score get dinged a few points when you apply for a credit card, but this is standard practice when… Continue reading Are Credit Cards Bad for Your Credit Score?

Most recent update: March 9th, 2017 First and foremost, here are the longest 0% APR credit cards available currently available: Longest 0% APR Credit Cards – Amex EveryDay Credit Card – 0% intro APR on purchases and balance transfers for 15 months – Amex EveryDay Preferred Credit Card – 0% intro APR on purchases and… Continue reading The Longest 0% APR Credit Cards Available

Credit card Q&A: “What is credit card APR?” If you’ve seen an ad for a credit card lately, or looked at the terms of your existing credit card, you’ve probably stumbled upon the acronym “APR.” APR stands for Annual Percentage Rate, and is the method most credit card issuers use to express your interest rate.… Continue reading What Is Credit Card APR?

Credit card Q&A: “What credit card limit can I get?” Are you curious what you’ll qualify for in the way of a credit card limit, or if you’ll even be approved to begin with. Well, sadly, it’s always a bit of a mystery until after you apply and receive your credit card (and its related… Continue reading What Credit Card Limit Can I Get?

Credit score Q&A: “Why credit scores are different?” In case you didn’t know, there are three 3 major credit bureaus, including Equifax, Experian, and TransUnion. And if you order a credit report that gives you all three credit scores (which is recommended), they most likely will not match. They actually could be quite different. For… Continue reading Why Credit Scores Are Different

Credit card Q&A: “How do credit card companies make money?” Credit card companies make money in a variety of different ways. The first and most obvious way is via consumer-related fees. We’ve all paid late fees, over-the-limit fees, and so forth. Credit card companies make a ton by charging fees for all types of different… Continue reading How Do Credit Card Companies Make Money?

Credit Q&A: “How many credit inquiries is too many?” Though most credit score questions are hard to nail down, thanks in part to the cryptic nature of credit scoring, we can get some useful hints if we look at certain data. Do the Credit Inquiries Matter? First things first, there are two types of credit… Continue reading How Many Credit Inquiries Is Too Many?