Residual interest is the interest that’s accrued on an unpaid credit card balance in the time that you’ve not been paying it. Read to learn how it works, and how you can avoid paying it.
How many credit cards does the average American have, and what types do they have? We’ve compiled industry statistics to answer those questions and more about who’s carrying what cards.
Most Americans haveÂ credit card debtÂ and will die withÂ credit card debt. It’s one of the most accessible types of credit there is, becoming available as soon as you’re financially independent. It’s also one of the most damaging, as tooÂ muchÂ credit card debtÂ could hurt yourÂ credit report, reduce yourÂ credit score, and cost you thousands of dollars in interest payments. […]
How Much Credit Card Debt is too Much? is a post from Pocket Your Dollars.
There’s nothing fun about declaring bankruptcy, but those who emerge from it can be thankful for the opportunity to rebuild their personal finances without the burden of debt. Unfortunately, bankruptcy also does damage to your credit, making it difficult to get approved for credit cards and other lines of credit. Since credit cards are a… Read More
The post Easiest Credit Cards to Get After Bankruptcy appeared first on Credit.com.
Editorial Note: This content is not provided by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the authorâs alone, and have not been reviewed, approved or otherwise endorsed by the issuer. … Continue reading →
The post Tips to Consolidate Credit Card Debt appeared first on SmartAsset Blog.
Have you ever applied for a credit card, car loan or mortgage? If so, then one of the first things the lender looked at was your FICO score. It has a major impact not only on getting approved in the…
The post What Do New FICO Changes Mean for Me? appeared first on MintLife Blog.
Lately, I have received many questions asking how I was able to pay off my student loans so quickly. I haven’t talked much about my student loans since I paid them off in July of 2013, but I know many struggle with their student loan repayment plan each and every day. Due to this, it is a topic […]
The post How I Paid Off $38,000 In Student Loan Debt In 7 Months appeared first on Making Sense Of Cents.
If youâve said your vows or joined your finances with your partner, it might be time to move past the credit card thatâs been by your side all through your single years. Hereâs a rundown of some of the best rewards cards for couples.
Paid biweekly? You get two shots a year to get ahead. Here’s how.
The post The Magical Third Paycheck: 5 Budgeting Hacks If You’re Paid Biweekly appeared first on Discover Bank – Banking Topics Blog.
Credit cards are a great tool for building credit. They’re easy to use, offer flexibility, and sometimes even reward you for using them. Most also directly impact your credit score and are used by many people to begin building their credit profile. But what if you donât want a credit card or are having trouble… Read More
The post 10 Ways to Build Credit Without a Credit Card appeared first on Credit.com.