The way that the amount you have to pay for your credit card provider is calculated is not straightforward. Interest and charges are the two things that ensure the credit card provider earns money from you. Also, they are actually quite free-flowing and dependent on a lot of elements. Thus, it is necessary to understand […]
Continue readingYou might notice that your monthly payments do not exactly reflect the amount you owe to certain creditors. If pay the minimum, you will notice that you’re monthly payments would be considerably more than the original loan. This is what is simply called an interest. It is something that many credit holders often fail to […]
Continue readingIt’s not uncommon to check on your credit report and find something there is seemingly inaccurate or out of date. Things like wrong entries or outstanding balances already paid are easily disputed and subsequently amended. However, one factor that is not as easy to dispute is that of financial links. What are these and how […]
Continue readingBuilding on your credit history can be crucial in getting a good credit score. However, the problem is that you can’t even apply for most types of credit unless you have credit history. How can you get credit if you don’t have credit history which you can’t build without getting credit? This is where credit […]
Continue readingBrexit. It’s that one word that has many Brits concerned for the future of the country and its relationship with its neighbours. Depending on where your political ideologies lie, you might consider Brexit as a chance for Britain to finally free itself from unwanted expenditures or a trap where it’s going to put itself in […]
Continue readingShould I Use One of Those Credit Builder Cards to Boost My Score? There are many ways to build on one’s credit score. Whether it is piggybacking on some other person’s card as an authorised user or something as simple as making your payments on time. The number of ways you can get your credit […]
Continue readingIf there has ever been a persistent problem in the credit card industry, it would be credit card fraud. It has always been an escalation when it comes to fraud as scammers are getting smarter in breaking through layers of protection set up against them while companies are coming up with more complex methods of […]
Continue readingMore often than not, it’s your behavior as the credit holder that determines the score you get in every credit report. That being said, the way you manage your debts accrued in each of your credit cards will play a huge role in calculating your credit score. In short, promptly paying your debts is a […]
Continue readingSo far, we’ve been talking about how to improve on credit scores, what to do keep them at a high, and what not to do in order to hurt it. We’ve also been talking about how a credit score can influence many of your transactions, even those activities that do not necessarily revolve around credit. […]
Continue readingWhether you agree to the notion or not, there is no denying that your credit score will determine the success of many of your financial transactions. Think of it like your reputation of sorts; only in digital form. It will precede you in every activity you take and can even dictate whether or not lenders […]
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