Even though many people will tell you that a credit card is the root of all evil, there are still many advantages to use them on a daily basis. Here are some of the major advantages of using your credit card regularly.
Transaction free of charges
You usually have to purchase a transaction package on your [...]
Every Saturday The Credit Toolbox does a review of good read around the blogosphere. Here’s what caught my attention this week:
Buy Like Buffett gives us Credit Card Companies Are Putting the Squeeze On Loyal Customers
Go To Retirement tells us Striving for a Mortgage-Free Life.
Debt Goal presents Watch TV, Go into Debt?!?
Discover Debt Freedom asks Looking [...]
Some of you may think that your credit score will only play a major role for loan application in order to determine if you qualify for this loan or you should be declined by the banks. In fact, your credit score has a major impact on several aspects of you financial life.
Getting better lending [...]
Revolving credit is probably the most important type of credit when we are talking about improving your credit score. All revolving accounts are reported on a monthly basis and credit reporting agencies are able to follow your credit behaviors months after months.
What is a revolving credit?
By definition, a revolving credit is [...]
So you have 3 credit cards totaling $8,500, a student loan of $3,400 and a line of credit showing a $7,600 balance. You just can’t keep up with all those bills and tend to forget to make your payment on time. You are also paying a very high interest charges on your credit [...]