Credit Cards and Reports
- 6 Tips for Living without Credit Cards
The number of Americans who use credit cards has fallen to an all-time low, according to a recent Gallup poll, with about one-third going plastic free. And there may be a generational shift occurring, since nearly two-thirds of Millennials don’t have credit cards, based on data from Bankrate and Princeton Survey Research Associates International. So how can you join them in living without the plastic?
- Credit Cards: The Pros and Cons
Credit cards often get a bad reputation, but the truth is they can be a key financial tool if used responsibly. Here are some of the top advantages and disadvantages to consider before you add a shiny new card to your wallet.
- How do I read my credit card statement?
Figuring out what to pay on your credit card can be confusing – there are so many different numbers and balances – which ones should you pay attention to?
- How do you get an ideal credit score?
Whenever you apply for credit, whether it's a credit card, car loan, mortgage or even to lease an apartment, the lender will take a look at your credit history as well as a version of your credit score. What many people don't know is that credit scores are not a universal thing – there are several different companies that offer this service, and while the factors they use in giving you a score are often similar, the actual formula they use differs and will yield different scores.
- Should I do a balance transfer?
- Understanding Your Credit Score (and Why It Matters)
- What matters to your credit score and what doesn't
- What's the difference between my credit report and credit score?