Category:
Credit

Are Cash Advances Bad?

By Bill Fay | February 17, 2026

If you need money in a hurry, you can get cash through your credit card or a payday loan. It’s quick and convenient, but don’t be fooled. It can be…

Should I Pay My Credit Card Early?

By Bill Fay | February 12, 2026

The answer to the question posed here — Should I pay my credit card bill early? — is frustratingly vague: It depends. Whether it’s wiser to pay early or wait…

Secured vs. Unsecured Debt Consolidation Loans: What’s Right for You?

By Maureen Milliken | January 9, 2026

When people are overwhelmed with debt – particularly credit card debt – a debt consolidation loan is one solution. A debt consolidation loan combines several accounts into one monthly bill.…

Understanding the Credit Utilization Ratio

By Michael Knisley | January 9, 2026

A credit utilization ratio (CUR) is the percentage of your available credit that you’re currently using. While the term may sound technical, the concept itself is straightforward. Your credit utilization…

How Many Credit Cards is Too Many? Ideal Number, Risks & Benefits

By Bill Fay | November 17, 2025

You can have as many credit cards as you want. That doesn’t mean you should get as many as you want. What is the right number for you? That depends…

How to Qualify for a Debt Consolidation Loan

By Michael Knisley | November 6, 2025

Maybe you can handle one over-used credit card, even if keeping a big balance on it isn’t wise. But how ‘bout two? Or three? Or even four or more well-worn…

Is Closing a Credit Card Bad?

By Bill Fay | October 28, 2025

The average American has about four credit cards. If you’re an average American, you might want to get rid of at least one of them, thinking it will help you…

How Long Can a Debt Collector Pursue Old Debt?

By Maureen Milliken | October 14, 2025

Old debts can continue to haunt you, mostly in the form of a ringing phone as debt collectors try to get you to pay. The debt collection agency likely will…

Credit Privacy Number (CPN): Definition, Risks & Alternatives

By Maureen Milliken | September 19, 2025

Using a Credit Privacy Number (CPN) when applying for a loan or other credit, or even an apartment or job, is illegal. The Federal Trade Commission, Consumer Financial Protection Agency,…

What Does Default Mean on a Credit Card?

By Bents Dulcio | May 20, 2025

If you’ve missed multiple payments on your credit card, you will be at risk of defaulting – and that’s a big  (sometimes very messy) deal. Default on a credit card…