The 4 Best Ways to Improve Your Credit Score Quickly in 2020
Credit score has always been a big deal in the United States. Every country has its own way to track...
Category: Credit Cards
5 Ways You Can Rebuild Credit When You Reach the Twenties
Credit scores aren’t even considered as important by many of you till the time you decide on making some form...
Your Debt Repayment Timeline: What to Pay When
It is important to create a repayment plan when tackling debt. When deciding which debts to pay and when, you...
Credit cards search has never been this fast and easy to do with Silver
Silver is a new mobile application that helps you to find the best credit cards in seconds, get all the details you need, and even let you apply directly from your mobile device. With Silver, you stay on top of your credit cards, so you never miss a renewal or get hit with annual fee & interest fees again. With constantly fluctuating rates and available services, the developers of the Silver mobile app understand how difficult and time-consuming it can be to research and compare the plethora of credit cards that exist in the market. How Silver works is simple:...
The Mileage Plus Credit Card: How it Made my Trip an Affair to Remember
I’ve been a single mom for almost five years now. Doing all of the parenting on my own is not easy, but I love the close relationship that I have with my two kids. During a normal week, I wake up early, drop the kids off at preschool, go to work, pick up my kids and spend quality time with them in the evenings. Being a mom is incredible, but it does not leave much room for time with my friends. Last summer, one of my high school friends called me with an exciting offer. She was planning a girls’...
Credit Cards Pros and Cons
Agencies like bank, financial institute are offering their clients to opt for another credit card even if they already have, to generate more business by them. Customers are also trying to get as many cards so that they will be able to have more credit limit. But the question is having a lot of card is good option for the customers or will it create future problems to their users. Let’s figure it out by discussing the pros and cons of having many cards. Pros: If a customer has many cards then it is very obvious he’ll have good credit...
Building My Credit History: An Update
As some of you might remember, my first ever post here at This That and the MBA was about how I had no credit history. That’s right. I have a very unique problem here in the PF world. No student loans, no debt, no coming-back-from-the-edge-of-the-financial-cliff story. I literally had no credit history. I explained in the first post that this happened because I was afraid of credit cards and how I might misuse them. But, that led me to being (almost) 27 and having no credit history. Oops. I finally decided that I had a few options: open a credit...
Why the CFPB & Stay-at-Home Spouses Need to Go Back to the Drawing Board
If we’re talking about a common sense approach to finance – as is the motto of This That & the MBA – the Consumer Financial Protection Bureau’s proposed solution to the stay-at-home mom credit crisis certainly doesn’t qualify. In fact, it might even create a rack of far more serious issues, such as a trend toward mediocre credit card terms and overall banking instability. Do I have your attention yet? Hopefully I do, even if you are a bit confused at this point. A bit of background is obviously in order if you’re to fully understand the issue at hand,...
The 3 Most Popular Types Of Credit Cards And Who They Are Designed For
These days, one of the most popular topics in the personal finance industry is credit cards. They seem to be the center of discussion on blogs, financial T.V. shows and even in newspapers! This should come as no surprise knowing the the vast majority of consumers in the United States use credit cards and use them option. As this financial option has evolved, more and more different types of credit cards have become available to consumers. Today, we are going to go over the top 3 most popular types of credit cards, who they are designed for and, what has...
Smart Way To Use Credit Cards
In the right hands, a credit card can be extremely useful. Offering access to goods, extended borrowing terms, variable rates of interest and strong legal guarantees, there are plenty of reasons why people should use credit cards. The problem is, if you do not clear the balance as soon as possible and let interest accumulate, debt can build up – fast! Credit habits In February 2012, PricewaterhouseCoopers (PwC) published data on Britons’ personal indebtedness. The research revealed that the average family in the UK owed around £7,900 on overdrafts, unsecured loans and credit cards. Worryingly, the study found that 25%...
What to Do When You Have No Credit History
Hi. I’m Christine and I’ve never had a credit card. <Hi, Christine.> I’ve also never had a loan in my name or done anything else that would give me “credit history.” How in the name if 2013 did this happen? I know. Everyone has had a credit card or a loan. But, since I was fortunate enough not to need student loans to pay for college and in my early twenties I avoided credit cards like they were the plague I made it to my mid-twenties with zero credit history. I was raised in a “don’t buy it if you...
The UK Embraces Credit Cards
The amount we Brits spend on our credit cards is increasing. That’s according to new statistics released by the British Banking Association, who have revealed that £7.1 billion was spent on our cards during the month of October in this country – that’s an increase of over 5 per cent compared to the same month in the previous year. Better At Handling Our Credit Cards? The good news is that we’re getting much better at handling our plastic than ever before too – to go with increased use by British people, the amount of debt has gone down. Even though...
Tips that will make you flip! 5 Tips to a Good Credit Score
Interest rates are at all-time lows but does any of it really matter if you cannot secure the loan that you need? Take an inventory of your accounts before you go out to secure the loan. Here are 5 tips that you need to take notice of to ensure that you are credit worthy. Do not close accounts that you do not use This is a big no-no you do not want to close accounts that you have had open for a long time. One of the factors in determining your credit score is the length of time the accounts...