credit cards

Credit scores are tricky things.

If you think that all you need to do is pay your bills on time and avoid debt to get an excellent credit score—guess again. The truth is, it’s easy to fall into a bad credit trap and very difficult to get out of it.

Plus, with approximately one-third of Americans having a “fair” to “very poor” FICO score, it’s important to find ways to improve your credit so you don’t become a part of that statistic.

Here’s a list of common credit score mistakes, and what you can do to fix or avoid them. [Read more…] about 9 Credit Score Mistakes That You Can Fix Yourself

About 55% of Americans with credit cards are in debt, which means millions of Americans are falling prey to one or more of these common―yet deadly―credit card mistakes.

In fact, US households added $26 billion in credit card debt, with about one in 10 people noting a balance over $5,000!

Given the risks associated with credit cards, you’d do well to learn about their most dangerous pitfalls. This way, you can wield them safely, while benefiting from their benefits and perks. [Read more…] about Drastic Plastic: 9 Credit Card Mistakes You Need to Avoid