How Using Your Credit Card Impacts Your Credit Score
When you got your first credit card, well-meaning family members probably warned you to keep your credit utilization below 30%. You might have even been advised to use 10% as your threshold. This might not make sense when you clearly have access to all the money on your card. What’s the point of a $10,000 […]
Can I Use My Personal Credit Card To Pay for Business Costs?
As a business owner, you have probably heard the advice to keep your personal and business finances separate. This may make sense further down the line, but until you build the business, it may rely on your personal finances to survive. It may not even be eligible for business credit cards. So, is using your […]
Benefits of Boosting Your Credit Score by 100 Points
What are 100 points when it comes to your credit score? After all, the rating scales go up to 850, so it isn’t a huge amount, right? Wrong! When you have a low personal credit score, that 100 point credit score gap can seem so much bigger. In some cases, it is a difference of […]
What You Should Know About Credit Cards
When used responsibly, credit cards are one of the most important tools for financial stability. You can use credit cards to get cash back on everyday purchases or to score travel miles for a vacation. If your bills and paycheck don’t line up well, credit cards also help ensure you stay on top of payments. […]
8 Credit Score Myths vs. the Facts You’ll Need To Know
Your credit score can say a lot about your spending history, whether you can be counted on to make payments, and let lenders know that you have built solid credit over a long time. Myths about credit scores abound on the internet and in real life: How do you know what’s true and what’s not, […]
Can You Add Too Many Tradelines?
Yes. When used correctly, purchased tradelines may boost your credit score. This is helpful when you’re right on the edge of being eligible for a needed loan. Naturally, people who are looking to make a significant impact on their credit score may think that if buying one tradeline is good, then buying several will be […]
