Closing a credit card can hurt your credit score, particularly if it's an older card or has a high limit. But there are ways to do it strategically and safely.
Closing a credit card account can negatively affect your credit score, but by how much? Put simply, it depends on the bigger picture of your credit report.
Credit card debt forgiveness can have a negative impact on your credit. But how long might that impact last?
If you often carry a balance on your card, make sure the interest you’re paying won’t offset any cash back reward. If your credit score isn’t as high as you’d like it to be, you may also compare cards to find one you qualify for....
If you’re transferring a balance to try to save money on interest, consider balance transfer fees, which can range from 3%-5%. A credit card with a 0% introductory APR promotion may help you manage a major expense. Likewise, if your credit card’s high interest rate makes repaying your...
Offer ATM card? Yes Terms apply. When you do buy essentials, you should still try to earn a return on your spending with a rewards credit card. The Bilt Mastercard® , for example, lets card holders charge their rent without paying a transaction fee and even earn points. Bilt Mastercard...
No credit checks. A low credit score won't result in a rejected application. Moreover, a 401(k) loan won't affect your credit at all — even if you default on it. Low interest rates. You'll pay a modest interest rate and this money goes straight into your retirement account. No ta...
This is a personalized counselling service aimed to provide guidance and support if you’re in over your head. The goal of credit counselling is to avoid bankruptcy. This item will stay on your credit report 3 years from the date it was settled (or satisfied). If unsettled, it will stay...
Extra Expense Coverage:Extra expense coverage assists in covering the additional costs your company may incur to minimize or avoid a shutdown. This may include items such as renting temporary office space or equipment, payingnon-exempt staffovertime, or covering the cost of temporary transportation...
If you're trying to get a mortgage together, talk with lenders about the best strategy. If one spouse has a high income but bad credit, it might make more sense to have the person with better credit on the application. Lenders can explain your options and go over the best strategy for ...