Credit Score & Cards

Breaking down exactly what happens when you max out your credit card, along with common myths and misunderstandings, so you can avoid financial pitfalls and keep your credit in good shape.

Explaning what a cash advance is and why you should think twice before turning to it as a financial solution

The number of credit cards you should have depends on your income, spending habits, and ability to manage credit responsibly. We've explained how to determine what's right for you.

Learn how credit cards make money, how interest payments are calculated, and common misunderstandings about credit card payments.

Have you ever had your credit card information stolen? Using a virtual credit card adds an extra layer of security when shopping online.

8 essential tips to safeguard your identity and credit: • Implement a Credit Freeze • Use Unique Passwords • Enable 2FA • Shred Documents, and more!

Failing to monitor your credit score regularly, missing payment deadlines, maxing out a credit card, and closing credit card accounts are just a few of the typical mistakes that are easily preventable.

Regularly checking your credit reports and scores ensures the accuracy of your information. But does checking your credit harm your credit scores? Many people hesitate to obtain their credit reports or check their scores due to fear of damaging their credit ratings.

Carrying a credit card balance can negatively affect your credit scores in several ways, and the biggest impact is generally on your credit utilization ratio.

You might no longer use your oldest credit card, but before you decide to close it, it’s crucial to understand the potential consequences on your credit score. The increase in your credit utilization rate and the decrease in the average age of your accounts can negatively affect your score.

While having a higher income can improve your chances of getting approved for a new credit card, it's not the main factor that's considered, and your income does not directly impact your credit score.

The optimal way to pay off multiple credit cards will depend on various factors, such as your current debt levels and what your most urgent financial goals are. Understand how your credit utilization, APR, and balances matter.