Credit repair is a confusing issue for some consumers. If you don't consider fixing your credit before a major loan application, you may learn the hard way about one of the most important steps in the credit approval process: checking your credit report before applying. Lenders offer more competitive interest rates and lower down payments to those who have the right credit scores. Are you ready to apply for a major line of credit? If you do … [Read more...]
Rewards Credit Cards: Smart Move or Scam?
This weekend, one of my tasks was to pay my credit cards. I only use rewards credit cards. By now, we all probably know what a rewards credit card is, but the ones I refer to are cards that reward me for spending money. These kinds of cards come in many different types. Some reward you for spending money anywhere. Some only reward you for shopping at certain stores. More often, cards reward you more for shopping at certain stores and … [Read more...]