Credit

Credit limit increases are a double-edged sword. On one hand, accepting your credit limit increase can improve your credit score. On the other hand, having more credit can be risky. If you’re not careful, it can lead to greater amounts of debt. So what should you do if your credit card company offers you a […]

Having a low credit rating puts a significant damper on your ability to qualify for credit cards. This is a good thing, in a way, since it limits a person’s ability to access additional credit. Many people with low credit ratings are also struggling with debt. So, adding more debt to an already heavy load […]

Given how prevalent credit cards and borrowing have become in contemporary consumer culture, it should come as no surprise that millions have seen their credit scores plummet. There are lots of reasons for dropping credit scores. Failing to make payments on time, defaulting on debt, closing credit accounts, and rejected credit applications all take a […]