When it comes to applying for your first credit card, it's important to consider how your lifestyle and spending habits align with what the credit card has to offer. If you are just starting to build your credit
“Although I only use this card when its rotating categories include my favorite retailers, it helped me build my credit from the low 600s. I still keep it around because it has no annual fee and it positively contributes to my length of credit history.”– Courtney Mihocik, Bankrate credi...
If you’re a student considering a credit card for the first time, you might have a lot of questions. Why is a credit card for students important? How can you use a credit card to build your credit history? What are the requirements for student credit cards? What are good credit cards...
Based on your credit, lenders will offer an interest rate and determine down payment requirements for your home loan. In the eyes of a mortgage company, a strong credit history makes you a trustworthy borrower. The higher your credit score, the lower your interest rate will likely be. As ...
Overall, the card adds to my length of credit history and allows me to earn rewards with shopping I’d be doing anyway.” However, Lowery stresses that store credit cards aren’t for everyone. “I wouldn’t recommend the card — or any store card — for most people,” she says. “A...
Landlords often look at your credit history to predict how consistently you will pay rent. If you have a lower credit score, you may have a harder time locking down a lease. A good credit score positions you as a dependable tenant, giving you a better chance at beating out the competition...
Credit scoring models You have more than one credit score, despite how much we like to talk about “your credit score.” Instead, you have a credit history based on how you’ve handled your finances in the past, and lots of companies use their own mathematical formulas to calculate a cred...
Good Credit No Safety Net ; Foreclosures Led by Homeowners with Solid History
History isn’t instant. If you haven’t used credit before, it usually takes at least six months to generate a credit score — and longer to earn a good or excellent score. It’s usually easier and faster to establish your first credit score than to repair one, so use those first six...
Top credit card options for folks with fair or average credit include the Petal® 2 "Cash Back, No Fees" Visa® Credit Card and the Capital One QuicksilverOne Cash Rewards Credit Card. The Petal 2 Card is also available to those with no credit history and customers who need some help...