Credit Articles

As I am not from the US, I had no idea what FICO meant before researching it. FICO stands for Fair Isaac Corporation, a company based in California. FICO, put simply, is a person's credit score. A credit score can be used by a potential lender in mak...

Are Credit Card companies starting to feel the pinch? We all know that the Credit Card companies make their money by charging us interest on the money we borrow. With all the 0% balance transfer offers that we have seen over the last few years its no...

The moment I placed myself in front of the computer screen a whole new world beckoned me to join it. And years of strolling have proved incompetent to get me acquainted with the full panorama of computers. You have always wanted one in your home. But...

A good credit history is critically important for the consumer. A bad credit will prevent you from getting a business loan, owning a home, or even a job. Promises to "fix" your credit are always made by credit consolidation companies, but they are se...

Credit card debt is a major social problem in some Western countries. To rid yourself of credit card debt, it is best to recognize the problem as both a social and individual problem. If you are overburdened with credit card debt, or are in danger of...

Martin Henderson is in a fix these days. Because of his failure to repay a loan he had taken a few years back, he has been adjudged as a bad credit case. And, in spite of much effort, he has not been able to get a loan or a mortgage. Lenders do not w...

Ever wondered what is a credit report? If you've ever applied for a credit card, a personal loan, or insurance, there's a file about you. This file is known as your credit report. It is full of information on where you live, how you pay your bills, a...

Here are some useful tips on borrowing money. Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy. Before you approach your banker for a loan, it is a good idea to understand as mu...

With prepaid credit cards, you get the practicality of plastic while choosing exactly how much debt to charge. By taking charge of your personal financing, you determine your own limits, to the penny, and change them any time you need to. There are m...

It would be great if everyone had good credit. But the fact of the matter is, many people do not, and they have to suffer the consequences of having a bad credit score. A bad credit score means a lot more than not being able to buy a home or a new ca...

Like most Americans you may be skeptical of why an unseen online agency would want to "help" you by checking your credit score for free. I mean, aren't they just out there to get your money? The truth is, these credit checks can really help you, es...

A lot of people have been wondering how they could score a free credit card. They have been searching the World Wide Web for resources that would point them to free credit cards of any variety. This interest in those things that many have labeled as ...

Whether you're looking for information on a particular credit card, or trying to choose a credit card for which you want to apply, you can find information on them in many places. You'll find lists of credit card plans, complete with rates, terms and...

Using credit wisely is a good habit that, with only a little financial education, you can learn quickly. Using credit cards wisely will enable you to save money by avoiding late fees or penalties for exceeding credit card limits. You can even learn...

Student credit cards bombard freshman every year. Parents should be sure to discuss the issue of student credit cards with their college student before they leave home. It is an attractive idea for a student to get their own credit card, especially...

Credit counseling is a viable option for those who are feeling the stress of being overwhelmed by debt. Credit counseling primarily offers assistance with working out a credit and debt repayment plan for an individual to gain control of their finance...

Your credit is bad. Perhaps you have a string of unpaid bills haunting your past. Maybe you declared bankruptcy within the past 10 years, or defaulted on a student loan. All of the above can block your access to obtaining a major credit card, such ...

Some banks are eliminating the standard 25 or 30-day grace period within which you may pay your bill within being charged interest. This is the normal grace period before interest kicks in. But this is slowly changing. For example, some banks are off...

Owning a home is the ultimate American dream. It is also the best way to build wealth for yourself and for future generations. Having bad credit should not prevent you from owning a piece of the American dream. If you have poor credit - you are not ...

A business stands firm on the ground with the help of funds. Every business man would know that without finances one can't establish or advance a viable business plan. Not everyone is born with the kind of money required for furthering a business pla...

In today's world having good credit is an absolute must. Credit is no longer for simply buying items today and paying for them later. Now, credit is used to validate who you are as a person and your worth. Credit scores are utilized daily in life. By...

If you are attempting to rebuild damaged credit, department and gas station credit cards may be a good solution. As opposed to bank credit cards, gas and department store cards are easier to be approved for and even if your credit is damaged, you ma...

You've asked yourself the question many times, "Will I ever get credit again?" The answer, although seemingly complex, is quite simple: Yes. You can have another chance at re-establishing your credit. Filing bankruptcy is the first intelligent step t...

Credit card debt is the bane of nearly every consumer. The statistics are staggering. Depending on whose information you use, the average American may have at least a dozen credit cards, with at least a total outstanding balance of $5,000, and at min...

Have you received your free annual credit report? If not, the first thing you want to do is get a copy of your credit report from each of the three major reporting agencies. If your address and information can be verified against the report, you can ...

Unfortunately, everyday purses and wallets become lost or stolen. The missing credit cards in your purse or wallet become the biggest concern. Do you know what to do if this happens to you? Well, you should because a few simple steps can save you a l...

Spending money - it feels good. If you are honest with yourself, you will agree with me. There is something about walking into a store and buying what your heart desires. I am not talking about high-end fashion items such as Chanel or Gucci. Even...

When applying for loans, credit cards, or even trying to lease a new apartment your credit score is the major determinant of how well you will fair. Ironically very few people know what their credit score is and are not aware of the fact that they m...

Co-brand Credit card offers are almost becoming comical. Just as it's common to find multiple selections; from several companies, for different types of breakfast cereal with assorted flavors, varying nutritional values, plus prizes, recipes, even di...

If you take a close look at your credit cards, you'll probably wonder what all those numbers stand for. Every digit actually stands for something specific. Let's have a look at each of those numbers in sequence. The First Digit Gasoline cards, depart...