When a credit card owner buys a product using a credit card, the issuing bank pays cash on behalf of its customer, and the customer is given a specific time in the future to pay the debt. Credit cards offer loans, also called lines of credit, that can be used for balance transfers, cash advances, … Read more
A person’s first credit card can mean the difference between establishing an excellent credit score or building an unhealthy financial future. If not used properly, credit cards can lead to mountains of debt, which can be challenging to repay. As a result, before anyone starts to use their first credit card, below are a few … Read more
Despite what people always say about credit cards, not everything is correct. Always take information with a grain of salt. Whereas many people might discourage you from getting yourself one, a credit card can be quite useful if you use it in the right way. When used correctly to build your credit history, a credit … Read more
If you want to improve your credit, you could take workshops on the use of credit cards, read as many personal finance books as you can, talk to friends and family, and seek consultation as well. Be careful though, not all advice is valuable. Always steer clear of bad advice, especially when it comes to … Read more
Over the last couple of years, credit cards have been enjoying quite busy times in local and international markets. In most countries, credit cards have been the bedrock of commercial setups. So, the future is looking increasingly bright in terms of credit cards. So, what more can be expected of them, or rather, what are … Read more
Every day, you cannot fail to find someone offering advice, especially when it comes to the topic of credit cards. From bloggers to bankers, frequent flyers, and even credit counselors, the list is endless. The issue is that most of this information is self-serving or contradictory to what we already know. Can you remember some … Read more