Tag: Credit

Ask the Credit Expert: What’s the Ideal Credit Score?

“Kay” is Kayleigh Gaddor, Community Manager at Credit Karma. Dear Kay: Should I leave a credit card open if I’m never going to use it again? -Steve Unless that card has an annual fee, the answer will usually be “yes.” Closing a credit card reduces the overall amount of credit available to you, which affects your credit card …

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How Often Does My Credit Score Change?

Ever wonder about the answer to this question?  I know I do.  I spent 15 working years in personal and mortgage banking, and among other things, I learned well during that time how important a credit score can be. 

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Why Credit Card Churning May Be Risky

I’ve always been a bit fascinated by “credit card churning” to get rewards but have been concerned about how it affects credit scores. Alice from CreditNet.com offers her perspective on the topic. – Aaron Everyone loves the perks of frequent flier miles- you’re rewarded with a free trip for using your credit card.  But some …

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How Can I Build My Credit?

Anyone who is entering the workforce will need to seriously consider the way they handle their money management by being cognizant and intentional about where it is going. Doing so will ensure you’ll never run into issues with transactions such as obtaining a mortgage OR even securing an apartment.

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Why the credit card companies like reward programs

When I was a kid, I loved to go to Chuck E. Cheese and play their games after eating. I really liked how you could earn tickets for your play that could be redeemed at their “gift shop”. It didn’t matter to me that my parents were essentially spending $10 for a cheap little glow-in-the-dark …

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Track your credit with Quizzle

Enter your information on this free website Quizzle (which is owned by the same parent company as Quicken Loans) and every six months you’ll receive your credit score and credit report from Experian, which is one of the biggest credit reporting bureaus. Want to check your credit score more often? You can, but you have …

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