Establishing Credit When You Don't Have Credit
It’s a situation many young adults face when they’re just starting out – how to build a credit history when you don’t have a credit history.
When it comes to considering the best credit card deals for you, you should consider the account terms, such as interest rates, and if there are any credit card perks that could benefit you and your lifestyle. Also, you should take into consideration that when you're looking to acquire a new credit card, your credit history and credit scores will come into play. When determining your creditworthiness, lenders and creditors will usually look to your credit history and resulting credit scores. You can find out the best credit cards you’re more likely to be approved for, researching which is the best credit card to fit you and your family’s needs. Credit card debt is also a current and prevalent issue, and we discuss some of the best ways to manage credit card debt while paying it off. Other topics, like whether to pay off medical debt with credit cards, interest rates based on your creditworthiness, and which credit card perks make sense for your lifestyle, are all explored in our credit card hub.
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Getting a Credit Card: 4 Things for Young Adults to Know
Considering whether to get your first credit card? Here are 4 things for young adults to keep in mind before they start applying.
Inactive Credit Card: Use it or Lose it?
After a certain period of time, your credit card account may be deemed "inactive" and closed. Here are some things you should know.
Managing Credit Accounts and Finances for a Loved One
Whether it's an aging parent or friend, or a family member with special needs, here are a few things to know about managing someone else's credit accounts and finances.
Pre-Screened Credit Card Offers: Benefits and Opting Out
What are those pre-screened credit card offers you get in the mail? What are their benefits, and how can you opt out of receiving them?
[Video] What to Do if You've Been Denied Credit
Find out why lenders may deny you credit and steps you can take if you are denied.
When Does a Late Credit Card Payment Show Up on Credit Reports?
If you're struggling to make on-time payments, or missed a due date by accident, here are a few things to know about how long it will take for a late payment to show up on your credit reports.
How Closing a Credit Card Account May Impact Credit Scores
Whether or not to close a credit card -- and how it may affect credit scores -- depends on your unique credit situation.
Some Things to Know Before Opening a Store Credit Card
It may be tempting to open a store credit card when you're standing at the checkout counter. But here are a few factors to consider.
[Video] COVID + Credit: Keeping Up with Credit Card Debt During a Financial Crisis
Credit cards can be vital tools in times of financial uncertainty, but it’s important to be aware of the potential pitfalls.
You Ask. Bev Answers: How Often Do Credit Card Companies Report to the Credit Bureaus?
How often do your credit card providers report your information to the three nationwide credit bureaus? Does it vary from card to card?
Is It Better to Seek a Credit Card Limit Increase or Open a New Account?
If you need more credit extended to you, should you open a new account or increase the limit on the cards you already have?