May 16, 2017

Credit cards are usually looked upon as a spending tool. In fact, that’s one of the reasons why so many people are scared of them. However, did you know that this piece of plastic, if used wisely, can help you save money instead? Yes, you read that right! Credit cards can be used to create a budget and help you to stick to it. This way, they can be instrumental in increasing your wealth, in...

May 9, 2017

You may have come up with a great product or service, and may even have a perfect business plan in mind. However, if your credit rating is less than excellent, you’ll probably have a difficult time getting a loan to achieve your dreams. And if it’s an unsecured loan that you’re after, your chances of success are likely to be even slimmer. Most financial institutions impose stric...

May 2, 2017

Have you ever wondered what would happen if you overpaid your credit card bill? It’s not an inconceivable situation – there have been instances when credit card holders paid their bills twice by mistake. Perhaps you added an extra digit while writing out a check or typed it in incorrectly as you were paying online. Whatever the case, if you overpaid your bill, per federal law you are ...

April 28, 2017

Most cardholders do not know what a grace period is, let alone understand how to use one to save money on finance charges. In this article, we explain how the grace period offered by your card-issuer can help you save as much as a couple of hundred dollars a year, or even more!  A grace period is the length of time from the end of a billing cycle to the due date for that cycle. By consistent...

April 25, 2017

If you are someone who has been trying to build their credit history, you may have wondered whether paying your rent on time could have a positive impact on your score. If we were to provide a simple answer to this question, then yes, timely rent payments can in fact boost your credit score. Having said that, you must also understand that a number of criteria need to be satisfied before you can r...

April 11, 2017

If you’ve been following our blog, you’ll know how important it is for you to check your credit report at regular intervals to ensure that it contains no mistakes or errors. Pulling your score also allows you to keep tabs on your own creditworthiness and enables you to take timely steps towards maintaining or improving it. However, while evaluating your credit, you may find that the t...