Financial Cents: Posts About Credit
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
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
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
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
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
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
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
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
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
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