Financial Cents: Posts About Credit

6 Great Reasons To Check Your Credit Report

Can't think of a good reason to order a free (we repeat: free) copy of your credit report? No worries, we've got six.

Posted on: April 15, 2019


Do No Credit Check Loans Show up on Your Credit Report?

With traditional lenders, reporting payment information to the credit bureaus is a two-way street. But with no credit check lenders? Not so much.

Posted on: April 12, 2019


Will Closing a Credit Card Affect Your Credit Score?

It might seem odd, but closing a credit card can actually hurt your score, especially if it's one of your oldest cards and/or carries a high credit limit.

Posted on: April 10, 2019


Financial Basics: How to Use Credit Responsibly

To help celebrate National Financial Literacy Month, we're getting back to basics: If you want to use credit responsibly, you should start by focusing on the right kinds of debt.

Posted on: April 09, 2019


How to Get a Free Copy of Your Credit Report

The three major credit bureaus are required by federal law to provide you with one free copy of your credit report per year. Just make sure you go to the right website to order them.

Posted on: April 08, 2019


So You’ve Maxed out Your Credit Cards … Now What?

First things first: don't panic! Next, consider using the debt snowball or the debt avalanche methods to dig yourself out of debt.

Posted on: April 02, 2019


How Are Cash Advances Different from Regular Credit Card Transactions?

Cash advances let you use your credit card to take out paper money—which can be handy—but the extra costs for doing so are going to add up fast.

Posted on: March 26, 2019


Checking Your Credit vs. Checking Your Ability to Repay

If you have bad credit, then you have to be on the lookout for predatory lenders, so start looking for lenders who check your ability to repay the money you're borrowing.

Posted on: March 20, 2019


Can Paying off a Loan Hurt Your Credit Score?

Don't worry, it is very rare that paying off a personal loan will cause your score to drop, but it does happen every so often.

Posted on: March 18, 2019


How to Raise Your Credit Score by 100 Points

The two most important parts of your score are your payment history and your amounts owed, so those are great places to start.

Posted on: March 14, 2019