Most retailers accept different payment forms, so does it make sense to open a retail store credit card? The short answer is: Yes — under certain circumstances. If you think that retail store credit cards are no longer in vogue, you’re wrong. According to a recent survey by CreditCards.com, 62% of U.S. adults have applied…
With the average credit card interest rate at just over 14.5% in the US, making purchases or borrowing on plastic can be expensive. But if your annual percentage rate (APR) goes above average — bearing in mind that rates above 20% are possible — borrowing can quickly spiral out of control. Unmanaged credit card debt…
In 2020 we experienced the biggest economic contraction in history followed by economic growth at a staggering 7.4% from July to September. More than 20 million Americans lost their jobs, yet the stock market hit a record high. Confused? Even the experts are scratching their heads. And it’s making many consider their next move carefully. When…
In a world where personal data is routinely breached, it is sensible to regularly check your credit score to be sure it’s not only accurate but that it is also not being used without your knowledge. While consumers are able to get their credit reports for free from each of the major credit reporting agencies,…
Credit scores and reports can be complicated subjects to understand. After all, it is not something that we are taught in school, nor is it something that there is a great deal of public information on. That’s why we put together this useful article to help you understand what a credit score is and what…
