Creditnews reveals that there is more than one reason credit card APRs are at their highest levels.
Your first credit card is a significant step towards financial independence. While it's relatively easy to obtain one with a job, it's crucial to understand that it's equally easy to accumulate debt rapidly. However, by using your credit card wisely, such as maintaining a low credit utilization and making timely repayments, you can actively build a good credit score.This not only helps you secure bigger loans like a mortgage on more favourable terms later in life but also empowers you to make...
When starting a new business as a sole proprietor, limited liability company or any other type of business, one thing is certain: You will need money to cover startup and operational costs and other financial needs. However, it can be challenging for a new business to qualify for a business credit card or loan without …
Credit card scams could happen to you, especially as the world becomes an increasingly cashless global village.
Editor’s note: This is a recurring post, regularly updated with new information. When most of us rent a vehicle, we tend to use a credit card that offers bonus points and primary rental car coverage. However, not everyone has a credit card in their wallet or sometimes emergencies happen that leave us without a credit …
Credit cards add a lot of convenience to our lives, and when used responsibly, they can be a very powerful financial tool. In fact, we would argue that most, if not all, purchases should be made with a credit card. Here are some reasons why. Building credit A strong credit score is one of the …
If you’re a frequent traveler, you know that credit card foreign transaction fees can add up — and become one of the most annoying aspects of making purchases abroad. Foreign transaction fees are incurred when your credit card issuer processes a transaction you’ve made in another country. They can cost up to 3% of your …
Earn up to $1,600 when you sign up for a new credit card. Here are the best welcome offers for new cardholders.
Editor’s note: This is a recurring post, regularly updated with new information and offers; some offers may be expired. Citi is a TPG advertising partner. If you truly want to maximize your points and miles, periodic transfer bonuses can offer lucrative opportunities for fantastic award redemptions. You can sometimes get significantly more value from your …
When was the last time you took inventory of your credit card spending habits? It turns out that many Americans may be using the wrong type of credit cards these days. Swiping the wrong credit card for a purchase could cost consumers in a number of areas, including: On a recent episode of his podcast, […]
Delinquency rates among American credit card holders are at an all-time high, according to a Federal Reserve Bank of Philadelphia report.
(Bloomberg) -- US credit-card delinquency rates were the highest on record in the fourth quarter, according to a Federal Reserve Bank of Philadelphia report.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-Pivot Rethink and War Jitters: Markets WrapAlmost 3.5% of card...