Credit

December 23, 2020

If I Can Pay off My Debt, Is it Better for My Credit to Pay it off Slowly or All at Once?

I think I’m going to receive a large tax refund this year that could help me pay off my debts. If I’m able to pay off all of my debt, should I do it all at once or is it better for my credit to pay it off slowly over time? Submitted by an anonymous…

December 10, 2020

How to Manage What Gets Charged to a Credit Card

Credit can be a valuable tool in your personal finance arsenal. It allows you to buy things you need and earn points or cash back. It also offers a way to conduct secure transactions online and provides some protections against theft and fraud. But, if not managed properly, it can be a road to high-interest…

July 26, 2020

I want to buy a house, but my credit isn’t good. What can I do?

I want to buy a house, but I have bad credit. Should I file bankruptcy? What should I do? Submitted by Marcella S. Buying a home is many people’s idea of achieving the American Dream. But the road to homeownership can be stressful, confusing, and overwhelming. When I purchased my first home, I had no…

July 10, 2020

Why do credit sites recommend I get another credit card?

I’ve worked hard to get my credit score into the excellent range using only one credit card. I pay monthly before the due date. Why do credit sites like Credit Karma and Credit Sesame keep suggesting I get another credit card to improve my sc...

December 05, 2020

How to Improve Your Credit

Improving your credit score won’t happen overnight, but you can make a difference over time by taking certain actions. Step 1: Check for Errors To start with, pull your credit report from from all three credit bureaus using AnnualCreditReport...