How Many Credit Cards Is Too Many?

Credit Cards

How Many Credit Cards Is Too Many?

How Many Credit Cards Is Too Many?

With so many tempting credit card offers out there — we’re looking at you, Chase Sapphire Reserve — who wouldn’t want to take advantage of them and sign up? But some consumers may have reason to wonder if filling out all of those credit card applications may add up to something more concerning: a bad credit score.... Read More

FICO Scores Are at an All-Time High

Credit Score

FICO Scores Are at an All-Time High

FICO Scores Are at an All-Time High

Credit scores in America are getting better. In fact, the national average FICO score has hit an all-time high, according to new numbers pulled by the credit-scoring company. The national average FICO score hit 699 in April, up nine points since October 2006, per the table below. That’s also a three-point improvement over the national average from just... Read More

How Long Will It Take To Achieve Better Credit?

Credit 101

How Long Will It Take To Achieve Better Credit?

How Long Will It Take To Achieve Better Credit?

Lenders use your credit report and credit score to help them determine how much to lend you, and at what interest rate. That credit report is derived from your credit history — an algorithm of your past credit usage (including how much credit you have, how well you pay it off, and what mix of... Read More

6 Things Consumer Laws Don’t Protect You From

Personal Finance

6 Things Consumer Laws Don’t Protect You From

6 Things Consumer Laws Don’t Protect You From

Consumer protection laws are essential in the U.S. marketplace, but their presence is relatively new. The Consumer Bill of Rights was enacted in 1962 to regulate business practices and uphold protections that shape modern-day commerce. Although several laws produced drastic change in the decades following, there are still things consumer laws don’t protect you from.... Read More

Is Good Credit the Key to a Good Life?

Credit Score

Is Good Credit the Key to a Good Life?

Is Good Credit the Key to a Good Life?

What do you want in life? Although most people would say that winning the lottery and being able to live in a big house or sail around the world sound nice … that’s not really what people strive for. Most people strive for similar things — things like getting a college education, buying your first... Read More

11 Problems Your Credit Card Can Solve

Credit Cards

11 Problems Your Credit Card Can Solve

11 Problems Your Credit Card Can Solve

Stuck on the highway? Cracked your iPhone screen? When you’re in a bind, the last place people think to turn for help is their credit card. But it turns out credit cards offer plenty of benefits that can help you solve your problem. From purchase protection to roadside assistance, here are a few of the clever ways to put... Read More

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