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Credit cards can increase your purchasing power, but how many credit cards are too many? There are both pros and cons of having multiple cards.
Continue ReadingYour credit score can affect the type of car you drive, the credit cards you qualify for, where you live (both if you buy or rent a home), the job you get—even the premiums you pay for car insurance in some states. But just what is this mysterious three-digit number known as your credit score? And do you have only one?
If you’ve had any experience with credit, you’ve probably heard the term “credit bureau.” It may have been when a potential lender informed you they were going to pull your credit report from a credit bureau, or you heard that it’s a good idea to check your credit reports with the credit bureaus at least once a year, or maybe you watched a news story about one of the credit bureaus experiencing a data breach.
This time of year, summer may be the last thing on your mind. You may be too focused on keeping your New Year’s resolutions—eating healthier, working out, paying down debt—to even think about where you want to go on vacation this summer. But if you know you’ll be hitting the road this summer for some much-needed rest and relaxation, now is a great time to start planning.
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.