Bouncing back after bankruptcy is a journey and those that racked up big credit card debt that was discharged in Chapter 7 or 13 might be gun shy about plastic. However, rebuilding your credit score after bankruptcy is critical and it’s almost impossible to do ...
Although it seems counter-intuitive, the fact is that if you do not use your credit cards, it can (indirectly) harm your FICO score. You might think it’s enough to have a few credit card accounts in your name, that you rarely or never use so ...
Most credit cards offer the option to take a cash advance. Some card issuers send out blank checks you can write that, when cashed, will operate as a cash advance. Others provide a pin number so you can easily take out cash at an ATM ...
Is your credit score above average?
Image Source: StockSnap.io
The latest survey by FICO (Fair Isaac Corporation) shows that, in general, American consumers’ credit scores are on the rise. In case you’re wondering how your credit score compares to others, the average in the ...