Credit Cards
What does it mean to be credit invisible?
Whether we like it or not, we live in a world where credit rules. But according to an Experian study, about 28 million Americans are considered “credit invisible.” The term, which sounds like something straight out of DC comics, refers to people who don’t have a credit score. This can happen for a variety of […]
The future is bleak for these 16 professions
Photo by Alexei Maridashvili on Unsplash As the economy continues to grow in the wake of the COVID pandemic, rising inflation and rising costs are becoming the new normal across all employment sectors. While American workers are enjoying an unemployment rate below 4% and a huge wage hike that has doubled from 3% to 6% […]
Debt forgiveness: how does it work?
First of all, it’s important to know that true credit card debt forgiveness is largely a myth. Credit card debt forgiveness, unlike student loan forgiveness or mortgage deficit forgiveness, comes with a lot of conditions—anything but a get out of jail free card. However, it is not uncommon to find some level of debt reduction […]
How to make a balance transfer in 5 steps
Is your credit card debt piling up? Are you worried that high interest rates are causing this debt to grow faster than you can pay it off? Credit card balance transfer can be a solution. When you make a balance transfer, you take a debt from one or more credit cards and transfer it to […]
How long does it take to transfer a credit card balance?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. Credit card balance transfers can take from three days to six weeks. How […]
How to cut your grocery bill by 90%
✋ Raise your hand if you feel like your food budget is out of control… well, everyone. Unmarried. month. Yes, me too. And if you’re finally fed up, you’re probably all like: Source: giphy.com But is it really possible to cut food costs by 90% or even half? I’ll be the first to say it’s […]
7 Best Salary Information Sites for Negotiating
Why discuss your salary? First, negotiations work. Showcasing the skill and value you bring to the table and knowing what you’re worth can lead to more money. Whether you’re contemplating a job offer or expecting a promotion, negotiation is key. But first it’s good to know what you’re worth. Payroll research can give you a […]
Residual interest: what it is, how it works
You have a credit card balance for several months, but finally you have enough cash to clear your statement balance. With great relief—and more than a little pride—you pay the price. Thank God you’re done with that debt. But wait: did you also pay the residual interest? What is residual interest? Residual interest is the […]
What is deferred interest? – creditcards.com
You may be offered a deferred interest rate if you use a store credit card or retail store financing to make a large purchase. These promotions delay rather than eliminate accrued interest on credit card purchases for a set period of time. If you do it well, deferred interest can save you money. But it […]
Why are credit card rates so high?
While mortgage and auto loan rates remain unusually low, don’t expect your credit card rates to drop as well. Unlike your home or car loan, credit cards are mostly unsecured loans, “so there is no collateral,” says Miriam Mitchell, senior vice president of lending at Addition Financial. Credit cards are “largely risk-based,” she says. Default […]