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Wondering how to help your child build credit? You don't have to co-sign. You can also help them open a secured or student card, or get a loan.
What is a credit line? It's a type of revolving credit that allows you to continue borrowing money over a period of time.
If you want to use credit to your advantage, it's crucial to keep balances low (or at zero) and use credit cards only in a way that benefits you.
Revolving credit is any type of account that allows you to borrow money, pay it back, then borrow it again, i.e. credit cards and lines of credit.
I have almost 30 credit cards, and I’m convinced people seeking a perfect credit score are missing the point
If you're good with money, you might be aiming for a perfect credit score of 850. But I'm convinced you don't need your credit score to be perfect.
I have 26 credit cards and excellent credit. Here’s the best advice I can give you on keeping up your score, no matter how many cards you have.
No need for perfect credit score: Having "excellent credit" over 800 is more than enough to get the best interest rates and terms on a loan.
3 things that can matter more to your money than your credit score, according to a financial planner
Factors like ability to survive a job loss, retire on your terms, and take time off or switch careers matter to people who want financial security.
My credit history vanished when I moved to the US, so I took 4 steps to start building up my credit all over again
When I moved to the US from Canada, I assumed my credit history would move with me — but it didn't. So I had to start building credit from scratch.
Figuring out how to get a credit card with bad credit takes a little more thought than opening a card when you have good or excellent credit.
When someone else opened a credit card in my name, I might have panicked — but thanks to free credit monitoring it was no big deal
When someone else opened a credit card in my name, I found out immediately thanks to free credit monitoring, which alerted me to the new account.