There's been numerous news headlines and talk in the personal finance realm recently about the new FICO scoring system and I've been getting lots of q...
Deciphering your credit score can be difficult, especially if you don't know all the ways you can be hurting it. Your credit is not only attached to your credit card use, but with many everyday financial activities.
Have you ever thought of how an excellent credit score may impact your life? It's no secret that there are a number of benefits to having a high score. Simply put, it can affect many of your current and future financial decisions. Here are a few things that excellent credit scores can do for you.
This might sound like the worst idea, but sometimes putting some wedding costs on a credit card can actually make good financial sense. You just need to be careful with how you use it.
The marketplace for credit cards is more complicated than ever. Points programs, cash back plans and variable interest rates all have consumers drowning in the fine print, trying to make some sense of what they're applying for.
Sure, this may initially come off as traditionally unromantic and personal, but you must accept the society in which we live today. Online dating sites and apps such as Tinder continuously unromantically increase their market share of the most eligible bachelors and bachelorettes.
I didn't know credit scores existed growing up. I didn't even open a credit card until the middle of my college years. When a friend opened her first card sophomore year of high school (at her grandmother's behest), I scoffed and laughed.
We've heard about the most spectacular falls -- such as Mike Tyson and Kareem Abdul Jabbar -- but, unfortunately, this sad outcome is far from rare.
Younger generations use plastic and electronic payments more than anyone. Look at PayPal, Amazon and iTunes. It's just a natural thing for them. While older generations prefer cash and checks.
A new report by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute shows 77 million Americans -- 35 percent of those with files at a major credit bureau -- have a debt in collection. But as you can expect, there is always someone profiting from poverty.
Travel credit cards that offer rewards are everywhere. You can't escape the fliers, emails, and commercials touting "exclusive perks," and with so man...
Let's be honest, America is having a credit card debt crisis. We, as a nation, are $11.4 trillion in debt to credit card companies. Luckily, there is a very easy solution to stop paying all of that interest to the credit card companies, and it comes from the most unlikely source ... the credit card companies.
You could really argue that having credit card debt in the first place is a mistake. However, credit cards can be a great financial tool as long as they are used responsibly. Think before you charge.
Democrats and Republicans are at opposite ends of the spectrum with regard to almost everything -- including their claims on how well the economy is doing, and the future of America.
In these post-Target-breach days of heightened worry about credit card fraud, the arrival of EMV (which stands for Europay, MasterCard and Visa -- the card companies that spurred its creation) in America is a big deal. After all, about half of the world's credit card fraud reportedly happens in the U.S., due in large part to our preference for mag stripe cards.
For many Americans, the stress of debt and other financial responsibilities can feel like a loss of freedom. Fortunately, there are steps you can take to prioritize these competing obligations to put yourself in control of your financial future.