When it’s Okay to Let Your FICO Score Take a Hit

Credit scores fluctuate with time and credit activity, and while it’s prudent to keep your score high (the high 600s to low 700s is considered good to excellent credit), there may be times when taking a negative hit to your credit score will be better for you in the long run. Here are three scenarios… Read More »

The Best Travel Rewards Credit Cards

With summer coming quickly, many tend to dream of majestic vacations to faraway places, even if the likelihood of such a vacation, this year anyway, is truly nil. However, with some careful credit card spending, by this time next summer, your dream vacation could become a reality. With so many travel cards promising to take… Read More »

How a Balance Transfer Can Improve Your Credit Score

A credit card user looking for relief from high interest credit card debt may turn to a balance transfer offer in order to take advantage of a 0% APR introductory deal. Refinancing to a lower (or no) rate can be a sound move and save you interest charges, but it may not do very much… Read More »

Best Credit Cards for Students and Grads

Whether you’re still in college or approaching graduation, no doubt you have learned the importance to establishing and building a good credit history. At this age, building a credit history is important, and can set you up for a lifetime of adequate credit access with favorable interest rates, if done correctly. Over the next couple… Read More »

The Pros and Cons of Prepaid Credit Cards

Observers in the lending industry have estimated that there may be at least 50 million Americans who are not able to qualify for credit. These consumers are usually young, often members of minority groups, and do not have bank accounts. As a result, they face the long-standing dilemma of credit: how can I build my… Read More »