Figuring out how many credit cards a person can have will vary from one person to the next. Some cardholders who cannot resist temptation tend to use more than one card to purchase items they do not need or they could not really afford. The fact is, credit cards carry certain risks and if a Continue reading

If there is one thing that virtually all types of credit cards have in common, it is the fact that it comes with credit limit. Credit limit is the maximum allowable credit available in a card without penalties. While this credit may be used in its full amount, card companies do not intend to let Continue reading

The interest rate on your credit cards affects the amount of money you have to pay for carrying balances. The interest rates will influence your monthly finances charges. Each time you receive your billing statement, you will notice finance charges if you carry your balance from one month to the next. If you are one Continue reading

There may be much information written about credit cards but unfortunately, there are still many cardholders who are left in the dark. In this article, we will discuss several credit card myths. Myth 1: All rewards cards are the same There are some rewards cards that offer similar types of benefits but the reality is Continue reading

While credit cards are handy and convenient, certain issues, such as additional charges or creeping APRs, made having cards more expensive than it already is. In order to not be suckered by certain practices, consider the following: One: Watch out for credit card companies that offer dreadful customer service. Those that would have you jumping Continue reading