bad credit

How to use credit cards wisely in order not to pay back?

May 4, 2009 - 3:54am | Articles | Plastic cards
How to use credit cards wisely in order not to pay back?

My dad has at least eight credit cards in his wallet, with a $0 balance on about six of them. The balance on the other two is around $50 in total. But he tells me that the credit limit for all those cards combined equals around $15,000! So, why he doesn’t use them more often, when clearly he could use the money? His answer: “I don’t want to have to pay all that back.” And that is how credit cards should be used. 


0 points

How can a bad credit score affect you?

February 16, 2009 - 2:25pm | Analytics | Articles
How can a bad credit score affect you?

Have ever been turned down for a credit card or a loan? Charged a higher APR or increased mortgage payments? The reason can be obvious: your bad credit score. It affects whether you can get credit and how much you will pay for credit cards, loans or mortgages. A bad credit score also leads to restrictions in other aspects of life, including the ability to rent an apartment and get a job. That’s why knowing and understanding your credit rating is a necessary part of your financial health.


0 points
Did not find what you want? Try to search all ecommerce sites!
Custom Search