October 3, 2017

Almost on a daily basis, a client tells us that if only their credit scores were a bit higher, they would qualify for the credit card, car loan or mortgage they wanted. If you are someone who’s caught up in a similar predicament, there could be some good news coming your way. Starting July 1 of this year, the three major credit bureaus, Equifax, Experian and TransUnion, have changed the way...

September 28, 2017

For some people, managing just their own credit card account can be a challenging task. So imagine what would happen if they had to handle a joint card account? Many times individuals open joint credit card accounts after they get married, or in cases where they want their grown-up kids to build a good credit score. While a joint credit card account can have its benefits, it’s not a decisio...

September 26, 2017

This is serious, and the likelihood that you are personally affected is extremely high.  According to Equifax, a "website application vulnerability" allowed hackers to breach their database. This resulted in the compromising of information on 143 million consumers. This includes information on birthdates, addresses, driver’s license information and, perhaps worst of all, Social Securit...

September 19, 2017

On our blog, we’ve posted plenty of articles that, in one way or another, teach you the best ways to manage your credit card. This write-up is along the same lines. The difference is that here we describe the times when you should NOT use your credit card - in order to ensure that you don’t get into trouble! Here are ten cases in which you should just stay away from the swiping machin...

September 12, 2017

Once you have learned how to use a credit card wisely and are cognizant of the multitude of benefits it has to offer, you may be tempted to get a second one. Before you take this plunge, there are two issues that you must consider. Firstly, you need to figure out what you hope to gain from the second card. Secondly, you need to ensure that you are applying for the card at the correct time. If you...

September 5, 2017

There are a lot of tempting balance transfer offers out there, but not all of them will prove to be a good deal for you. Unless you carefully and diligently scrutinize the complete set of terms and conditions, you may find that it’s not you, but your cardholder, who stands to gain from the arrangement. Here are a few examples to illustrate the times when it would be better for you to leave ...