What Is an Excellent Credit Score and How Do You Get One?
What Is an Excellent Credit Score and How Do You Get One? Credit Cards by Maria Shahid Share Share Email Having a good credit score is crucial if you ever hope to be approved for credit cards or loans without sky-high APRs. Ranging from 300–850, the three-digit number proves to lenders and credit card companies […]
How Many Credit Cards is Too Many for My Credit Score?
How Many Credit Cards is Too Many for My Credit Score? Credit Cards by John Ulzheimer Share Share Email There are only a small handful of credit score myths that have been able to stand the test of time. One of them is certainly that you have to have an exact number of credit cards […]
When Is It Okay To Close One Of Your Credit Cards?
When Is It Okay To Close One Of Your Credit Cards? Credit Cards by John Ulzheimer Share Share Email We’ve all heard the warnings…don’t close your old credit cards because your credit scores will go down! That warning is part truth and part myth. And, there are certainly times when you can safely close your […]
Will My Scores Go Up When I Dispute My Credit Report?
Will My Scores Go Up When I Dispute My Credit Report? Credit Monitoring by John Ulzheimer Share Share Email I received the following question last night from a Facebook friend: “John, I want to ask a question as you’re the only person I believe regarding this. (name withheld) says in a video that an “account […]
What Happens To Your Credit Report When You Die?
What Happens To Your Credit Report When You Die? Credit Cards by John Ulzheimer Share Share Email The topic of this article comes across almost like a stupid question. What happens to your credit report when you die? This guy on the left came to visit so who cares? You’re dead and I’m sure you’ve […]
Are Charge Cards and Credit Cards the Same Thing?
Are Charge Cards and Credit Cards the Same Thing? Credit Cards by John Ulzheimer Share Share Email They look the same, they’re used the same way, most retailers accept both…so credit cards and charge cards must be the same thing, right? Not really. Most people don’t realize that there is a difference between a charge […]
Which of These Is Considered Credit Repair?
Which of These Is Considered Credit Repair? Credit Monitoring by John Ulzheimer Share Share Email The definition of “credit repair” has different meanings to different people. What really matters, however, is how the term “credit repair” is defined by Federal and state laws. I put together a little quiz (below) which outlines 4 unique scenarios […]
How To Lower Your Credit Card Interest Rate
How To Lower Your Credit Card Interest Rate Credit for Beginners by David B. Coulter Share Share Email 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 […]
Why Is My Boyfriend’s Credit Card On My Credit Reports?
Why Is My Boyfriend’s Credit Card On My Credit Reports? Credit Cards by John Ulzheimer Share Share Email The following question was submitted as a comment to one of my articles, via Facebook. “John, I have an error on my credit report and I need to get it corrected. My boyfriend’s credit card is on […]
Will it hurt my credit if I’m denied for a loan or credit card?
Will it hurt my credit if I’m denied for a loan or credit card? Auto Loans by John Ulzheimer Share Share Email When you apply for credit, the potential creditor reviews your credit report and this act is recorded on your credit reports as an “inquiry.” This inquiry simply indicates that you’ve applied for credit […]