Category:
Credit
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.…
To the math-challenged among us, a credit utilization ratio might sound daunting, like one of those impossibly difficult abstract number problems that mere mortals will never understand. So, it’d be…
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…
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…
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…
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…
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,…
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…
The minimum payment on a credit card represents the smallest amount you are expected to pay each month. Each card company determines its own minimum payment and calculates it in…
If you can’t pay your credit card bills, you’re probably losing sleep. But there is at least one thing you don’t have to worry about – you can’t be thrown…