Credit
What is a credit score mismatch?
Your credit score is a three-digit number that gives lenders an idea of your creditworthiness. This is usually the first thing lenders check to determine if you approve loans, credit cards, and other loan products. Three major credit bureaus – Equifax, TransUnion and Experian – create credit ratings based on their own credit scoring algorithms. […]
What is credit card purchase protection?
Protecting purchases with a credit card can be a valuable tool, but only if you know how to use it to your advantage. First, you need to know if your credit card offers purchase protection and, if so, what terms and conditions apply to your insurance coverage. Luckily, some of the best travel cashback and […]
Which card issuer allows different credit limits for multiple users?
Adding authorized users to your credit card can make sense in several scenarios, whether you want to help your teen earn credit or you need to manage and control employee purchases for your small business. However, since you are solely responsible for all authorized user spending, setting limits on their purchases may be a smart […]
4 Reasons College Students Need a Credit Card
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. When used responsibly, a credit card while studying can really help you build […]
How does your payment history affect your credit score?
Paying off your credit card and loan debt on time is the most important factor in your credit score. Your payment history is made up of many complex components, but experts say it ultimately comes down to never missing a payment. The main purpose of a credit score is to show creditors how likely you […]
4 reasons to give up cash and start using credit cards
With the advent of credit and debit cards, online payment systems, peer-to-peer networks, smartphone apps, and more, getting rid of cash has never been easier. And besides convenience, there are many benefits to using credit cards. Unlike cash, credit cards give you more consumer protection, perks that reward your spending with free airline flights, hotel […]
What is a good credit score?
Credit scores can have a huge impact on our finances. For example, a good credit score may mean better credit terms. It can also be the difference between approving or denying a loan in the first place. When we talk about credit scores, there are usually two important players: FICO and VantageScore. Everyone uses similar […]
What does a credit score of 800 mean?
While there are many different credit scoring models on the market, and some lenders even use their own internal models, you are more likely to come across FICO and VantageScore models when it comes time for a credit check. Both of these models consider a credit score of 800 as the highest level: FICO scores […]
Fight rising oil prices with these gas credit cards
If you’re a road warrior or your lifestyle calls for driving, you’re probably wondering how the hell you can keep your wheels on the road with the exorbitant gas prices we’re seeing. You might be thinking of a credit card with a gas station logo to help offset those inflated prices – returning a few […]
What happens if you miss a credit card payment?
Nobody’s perfect. Maybe you went on vacation and didn’t know you had to pay your credit card bill. You may not have received your invoice in the mail. Or maybe you just didn’t have enough money this month to make the minimum credit card payment. How bad can it be to miss or be late […]