Category: Credit Help and Tips

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?

A new service called “Credit Sesame” gives you access to a monthly updated free credit score based on credit profile information pulled from credit bureau Experian, the very same company behind FreeCreditScore.com. Signing Up for Credit Sesame Out of curiosity, I decided to sign up for Credit Sesame – they ask quite a few personal… Continue reading Credit Sesame Review: Monitor Your Credit for Free

Credit score Q&A: “Does salary affect credit score?” The short answer is NO.  Your salary does not affect your credit score, as it doesn’t even show up on your credit report. And if something doesn’t show up on your credit report, it won’t have any effect on your associated credit score. However, employment history does… Continue reading Does Salary Affect Credit Score?

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 Q&A: “How often to check your credit report?” Credit reporting seems to be all the rage these days, now that a ton of companies have realized how profitable the fear of the unknown can be. Now don’t get me wrong – staying on top of your credit history is extremely important, especially when it… Continue reading How Often to Check Your Credit Report?

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?