The interest rate you incur on a credit card is referred to as your APR — annual percentage rate. Since interest rates are listed as annual percentages, simply divided your interest rate by 365 to get your daily interest rate. The most common way you’ll be charged interest on your credit card is when you […]
You may be struggling to make payments on your credit card and are wondering can you pay a credit card with a credit card. While you can’t directly pay your credit card bill by entering the credit card number of a different card as payment, you can indirectly pay a credit card with a credit […]
Applying for a credit card is as simple as spending a few minutes to fill out an application online — but that doesn’t mean it’s easy to get approved. Credit card issuers consider numerous factors when determining your eligibility, and we’ll review some of the factors you can control to hopefully increase your approval odds […]
Credit cards can be a great asset if used responsibly — you have the potential to earn rewards, finance new purchases, get out of debt and simplify bill pay among many other benefits. But, at the same time, they pose risks for some people who may be tempted to overspend and fall into debt. Depending […]
What is a credit card grace period? A credit card grace period is the amount of time between the end of a billing cycle and when your bill is due. During this period, you may not be charged interest on your balance. While grace periods vary by issuer, they must be a minimum of 21 […]
Investing money in home renovation is always a smart decision. Either it increases the value of your home for resale or it allows you to feel more comfortable in the space you’re living in. Most homeowners don’t have enough money saved to cover the cost of major home remodeling, so they either take out a […]
These days the major credit reporting agencies aren’t just satisfied looking at whether or not you make your payments to creditors on time. They are also factoring in patterns of behavior, such as whether or not you like to carry a balance on your credit cards and how long it typically takes you to completely […]
Having and maintaining an excellent FICO credit score can be the difference between getting approved or denied for a loan, and also influences your interest rates. There are several factors that can have positive or negative effects on a credit score; the three most important being paying your bills on time every month, keeping your […]
Receiving your tax refund as fast as possible is preferred by most American’s, but that’s especially true for those who file late. According to the IRS, seven out of ten refunds were received in the form of a direct deposit last tax season. But did you know direct deposits aren’t just for traditional checking accounts? […]
Most people tend to view all of the plastic in their wallet as essentially the same, using credit cards and bank ATM debit cards interchangeably. If you want to carry a balance or earn some points through your rewards program, you typically pay with a credit card. When you’d like to pay for your purchase […]
Credit card users can earn rewards in the form of points, miles, or cash back, depending on which card they use. For many cardholders, cash back will appear to be the most valuable option, especially when they don't understand the value of points and miles. And who can blame them? It seems like every airline, […]
Imagine for a second that your credit card is gone from your wallet. Without any indication of where it could be, you immediately become terrified – is someone right now depleting the funds from your account? This type of fraud is a very real and very worrisome and this type of theft can leave you […]
