7 Credit Card Myths and the Truth Behind Them

February 4, 2025
Credit cards are a powerful financial tool, but misconceptions about their use can lead to confusion. We’ve debunked the most common myths to help you stay informed.
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Credit

How-Many-Hard-Inquiries-Is-Too-Many- -How-To-Remove-Them-Header-01How Many Hard Inquiries Is Too Many and How to Remove Them
January 21, 2025
You might have seen several hard inquiries on your credit report, after applying for either a credit card or loan. But how many hard inquiries is too many? Read more.
The 3 Main Types of Credit Explained Asset 2The 3 Main Types of Credit Explained
January 14, 2025
In order to improve or maintain your credit score, you should be familiar with the three main kinds of credit: installment, revolving, and open. This information will help you decide how to use the types of credit. Read more.
Can You Reopen a Closed Credit Card Account Header - 01Can You Reopen a Closed Credit Card Account?
January 13, 2025
Can you reopen a closed credit card? This article will explain the reasons why your account might have closed and provide you with steps to try and reopen it. Read more.
What Credit Score Is Used for Car Loans Header - 01What Credit Score Is Used for Car Loans?
January 7, 2025
Equifax and Experian are the most common credit bureaus used among auto lenders. While TransUnion may be less frequently used, lenders may use it as well. Read more.
How to Open a Bank Account That No Creditor Can Touch Header - 01How to Open a Bank Account That No Creditor Can Touch
December 4, 2024
This article shows you how to open a bank account inaccessible to creditors and offers some tips on understanding wage garnishment. Read more.
What is Credit Utilization and How Does it Work?How Credit Utilization Works
November 20, 2024
Knowing your credit card utilization rate and why it’s important can help you better manage your finances. Read on to learn more. Read more.
How to Rent an Apartment or House with Bad Credit Header - 01How to Rent an Apartment or House with Bad Credit
November 19, 2024
A landlord's decision will depend on the apartment complex, the rental market, and your income. We'll explain and provide ways to rent with bad credit. Read more.
7 Ways to Build Credit When You Have No Credit History Header - 017 Ways to Build Credit When You Have No Credit History
November 4, 2024
Starting fresh with credit? Discover easy options like credit builder loans, secured credit cards, and rent reporting services to get started. Read more.