Credit card use has risen over 315% in the past 7 years according to the research firm Demos, and the percentage of people deliquent on their credit card payments is the highest it's been in three years according to the website cardtrack.com.
What does this mean? With the rise of credit card use, many people are uneducated about how credit cards work, and how they can easily slip into large amounts of credit card debt if they are not careful how they use their cards.
Most people don't know that they can ask for a lower interest rate, get rewards for everyday credit card use, or simply how to get a credit card with no previous credit.
The articles below will give you an edge when it come to being wise about applying for, and using a credit card.
Good Credit Rules!
Having good credit is one of the most important building blocks to financial independence. Learn how getting good credit can help your life.
Follow these tips to maintain a great credit score
Here are a bunch of tips and suggestions that will put your score at the top and keep it there.
Learn valuable information about credit reports
Find out about what could be on you credit report, types of credit reports and how to get them for free every year!
The Debt Snowball Method
Create an avalanche of debt relief and get rid of all your debt in about 8 years. Start the snowball going by adding 10% of your income to every payment.
Playing the Balance Transfer Game
Using balance transfers to avoid high interest rates can work, but watch out, you could pay for it in the long run.
Your Debt-to-Income Ratio
learn how this important number can play a big part in your ability to secure a loan.
Tips for Choosing a Debt Relief Company
Read these guidelines to help you pick an honest company that will help you unload your debt.
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