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Understanding Interest and APR is in Your Best Interest

Natalie Hollingshead June 14, 2017 • 3 Minute Read
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It may be complicated, but understanding how credit card interest and annual percentage rates work is really in your best interest. It’s hard to win at the credit card game and make the best possible financial choices for you without a solid comprehension of what terms like interest rate, compound interest and APR mean. Luckily, you don’t need a degree in finance to understand the acronyms on your billing statement.
A New Grad’s Guide to Credit Cards

Kat Tretina June 9, 2017 • 4 Minute Read
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If you’re a fresh graduate right out of college, life can feel overwhelming right now. You just finished four years (or more) of school and now have to face problems like finding a job, moving into your own apartment and paying down student loans. Getting a credit card is probably not a priority right now, but not having a credit card can make life more difficult.
What You Need To Know About Credit Card Limits

Natalie Hollingshead June 8, 2017 • 3 Minute Read
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There are times when taking it to the limit is a good thing — like when you’re racing in the Indy500, for instance, or finishing your first marathon. When it comes to credit card limits, the best policy is to keep your distance.
4 Things to Consider When Weighing Credit Cards

Kirsten Thuringer June 7, 2017 • 4 Minute Read
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Credit cards are like a stick of dynamite: They’re incredibly effective at their intended purpose, but they can blow up in your face when used inappropriately. When you're in the market for a new credit card, the possibilities seem infinite. Countless banks and credit card companies offer dozens of different deals, and every card delivers distinct terms, rates, and fine print.
Chase Sapphire Preferred® Card Review: Why It’s the One Travel Card I Can’t Live Without

Holly Johnson June 6, 2017 • 9 Minute Read
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While I write about nearly every rewards card under the sun each year, there’s one card I recommend more than any other. The Chase Sapphire Preferred® card continually stands out due to its lucrative rewards program, fair fee structure, and versatility.
Making Sense Of Your Credit Score

CreditSoup Staff June 1, 2017 • 1 Minute Read
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Several factors influence a credit score and how the score is determined. The higher the credit score the better chance the consumer will have to be approved for lower interest loans and prime credit cards. Along with approval odds, your credit score may have a factor in whether you are hired for your dream job or utility rates for cable, internet, etc. In this infographic, you’ll find a rundown of the different aspects that make up your credit score and how you can improve your score. Read on
What happens to credit card obligations when a loved one dies?

Natalie Hollingshead May 31, 2017 • 3 Minute Read
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One of the last things you want to deal with after the death of a loved one is his or her credit card debt. Depending on the type of account and laws where you live, dealing with credit card obligations after the death of a loved one may be a fact of life. The sooner you know what you’re dealing with, the better.
6 Credit Myths That Won’t Go Away

Jason Steele May 30, 2017 • 3 Minute Read
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Do you find your credit score and credit reports to be a little bit mysterious? If so, then you’re not alone. The companies that create credit scores use secret formulas, and everyone else is left to guess what’s in it. Furthermore, there are many aspects of credit scores that are counterintuitive and seem to defy common sense. As a result, there are plenty of myths that have persisted about credit and credit scores.
Best Credit Cards for a Large Purchase

Holly Johnson May 26, 2017 • 6 Minute Read
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If you have a large purchase coming up and don’t have the cash, you have myriad options at your disposal. You could spend months saving small sums to reach your goal, or you could take out a personal loan. If neither of those options seem appealing, you could sign up for a new credit card instead.