Coins going to credit card company

How Does Credit Card Interest Work?

You 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 […]

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Housemates

Being Financially Linked: What Do I Need to Be Aware Of?

It’s not uncommon to check on your credit report and find something there is seemingly inaccurate or out of date.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 […]

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Pound coins

What is LOQBOX?

Building 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 […]

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Man UK

What Might Happen with Brexit

Brexit. 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 […]

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Debt reducing

Should I Use One of Those Credit Builder Cards to Boost My Score?

Should 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 […]

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Credit card fraud

What is Credit Card Fraud?

If 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 […]

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Freedom

How Can I Pay Off My Credit Cards Quickly And Get a Better Credit Score?

More 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 […]

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Smart toddler learning basics

What is a Credit Score?

So 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. […]

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Steps to sucess

Can I Increase My Credit Score?

Whether 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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Empty wallet

Does Reporting My Credit Card as Lost or Stolen Impact My Credit Score?

There is no sensation out there that sucks more for a credit card holder than realising that their card is missing. It may be because of forgetfulness on your part or somebody else actually took it from you without you noticing, the fact remains that your credit card is not where it should be: on […]

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