Do people understand the benefits of a good credit score? Everyone knows your credit score is important, but what exactly are the benefits? In the United States, 28% of its citizens rely on credit when running out of money. While itâs good to use your credit, itâs not always wise to carry over a balance… Read More
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Before you make a major purchase, like a home or car, youâve probably put a lot of thought into the process. You might have worked to make sure your credit is in the best shape possible before you apply for a loan. Perhaps youâve shopped around and compared interest rates to make sure youâre getting… Read More
The post Hereâs How to Boost Your Credit after a Big Purchase Impacts Your Score appeared first on Credit.com.
Authorized users are secondary account holders on anotherâs credit account. It usually benefits those that have little credit history and are looking to build it. Being an authorized user means the account is yours to use, but you wonât be listed as the primary account holder. And therefore, youâre not responsible for bill payments. However,… Read More
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Even if you’re not the most organized person, you should have a plan for building a good credit score. The good news is building credit isn’t complicated â you just need to know a few things to get started. Know What You’re Dealing With If you don’t know what’s broken, you’re going to struggle to… Read More
The post The Smart Way to Rebuild Credit appeared first on Credit.com.
Love to travel? Good news: There are ways to put that wanderlust to use with a travel rewards credit card. Though travel rewards cards aren’t the easiest to get approved for as they require an excellent or good credit score, those who are able to snag one can use it to build better credit. (Just remember, before you apply it’s… Read More
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Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score, you can get lower interest rates on car loans, credit cards and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. While developing a solid credit history… Read More
The post How to Start Building Credit Once You Turn 18 appeared first on Credit.com.
Cable companies aren’t in the habit of reporting your payments to the credit bureaus, at least when it comes to your traditional credit reports. But if that’s something you want, there is a way to get those monthly bills to help your credit score. Simply put, consider paying for cable with your credit card. Unlike cable providers, credit… Read More
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If your credit needs rehabilitation due to late payments, accounts in collections or other negative items, it might be time to rebuild. Rebuilding your credit requires an understanding of your current situation, identifying past mistakes and implementing the right strategies going forward. Wise use of a credit card is one way to start. Surprising, right?… Read More
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Credit cards, interest rates, loans, even where you liveâthese all depend on your credit score. If you have a good credit score, youâre more likely to get better financial offers. But if you have a low or nonexistent score, the chances of getting prime financial offers are pretty slim. If you have low or nonexistent… Read More
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Maintaining a healthy credit score requires a good bit of focus, determination and hard work. Here are 7 mobile phone applications that can help keep your credit building on track.
The post Boost Your Credit Score: 8 Helpful Credit Monitoring Apps appeared first on Credit.com.