What Happens If You Go Over Your Credit Card Limit?

Credit Cards

What Happens If You Go Over Your Credit Card Limit?

What Happens If You Go Over Your Credit Card Limit?

Credit cards certainly have their limits, but it is often possible to go over them. Thanks to new restrictions in the Credit Card Accountability, Responsibility and Disclosure Act, some issuers have stopped allowing cardholders to spend beyond their credit limits. But others still offer what’s essentially a credit card version of overdraft coverage. This option,... Read More

Can a Good Credit Score Make You Happy?

Credit Score

Can a Good Credit Score Make You Happy?

Can a Good Credit Score Make You Happy?

Everyone has an opinion on what makes them happy, and for many people, it seems having a good credit score is part of the formula. Three out of five American adults (59%) said a high credit score is important to their happiness, and the majority of Americans are trying to get better ones, according to a survey... Read More

Help! I Just Tanked My Credit

Credit Score

Help! I Just Tanked My Credit

Help! I Just Tanked My Credit

It can happen to anyone, and when it does, it’s usually at the most inopportune time. You start to search for a new home or, finally have the funds together to buy a new car when — bam! — an unpaid medical bill you didn’t know about enters collection or a payment on a store credit... Read More

Can Improving Your Credit Actually Be Fun?

Credit Score

Can Improving Your Credit Actually Be Fun?

Can Improving Your Credit Actually Be Fun?

Your credit is one of the most important things in your life. Just like you might use your blood pressure or body weight as an indicator of your physical health, your credit (including your credit report and credit score) is an indicator of your financial health. But there’s a problem: People often don’t like talking... Read More

5 Things Keeping You From a Perfect Credit Score

Credit Score

5 Things Keeping You From a Perfect Credit Score

5 Things Keeping You From a Perfect Credit Score

A perfect credit score isn’t the most practical goal: There are hundreds of scoring models, and even the same score can vary significantly month to month, because your credit history is constantly being updated. Of course, perfectionists don’t care about practicality. If you’re one of them, striving for that “perfect” 850 credit score (the highest on... Read More

3 Credit-Building Tricks That Can Backfire

Credit Score

3 Credit-Building Tricks That Can Backfire

3 Credit-Building Tricks That Can Backfire

A good credit score can help with all sorts of things: buying a home, getting a new credit card or socking away savings. But while we all want to boost our scores as quickly as possible, credit building doesn’t happen overnight. It’s better to stick to core behaviors that merit good credit, like making payments on time, keeping debt balances low relative to credit limits,... Read More

Santa’s Credit Score Is Probably Better Than Yours

Credit Score

Santa’s Credit Score Is Probably Better Than Yours

Santa’s Credit Score Is Probably Better Than Yours

Credit scoring company FICO had a little holiday fun and made a credit profile for jolly old Saint Nick. Based on the credit info FICO plugged into one of its algorithms, Santa has a 757 FICO score, well above the U.S. average of 695, per a news release. And he has what’s considered an excellent FICO score, with a range of 300 to 850. If you’re looking... Read More

Do Unpaid Bills Expire, or Will I Owe Them Forever?

Credit Score

Do Unpaid Bills Expire, or Will I Owe Them Forever?

Do Unpaid Bills Expire, or Will I Owe Them Forever?

Sometimes a little knowledge is a dangerous thing. For example, many people probably assume that because of the statute of limitations, after a certain period of time, they no longer owe a debt. Not true. Here’s a question to launch us into today’s topic. Is there an expiration date for collection of a bill? I... Read More

How I Made $500 Off My Credit Cards This Year

Credit Cards

How I Made $500 Off My Credit Cards This Year

How I Made $500 Off My Credit Cards This Year

I’ve never considered myself a credit card rewards master. I don’t do any of the “hacks” that can help you earn more rewards. I don’t apply for a bunch of new credit cards every year to game the sign-up bonus system. And I don’t strategize and analyze every purchase to make sure I’m getting the... Read More

Show Me More

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.