How credit card limits work
Credit card limits are simply the amount of credit that is extended to you by a credit card company. Keep your spending under the limit, and know when it’s smart to request an increase.
Break free from the burden of debt with proven strategies that actually work. From student loans to credit cards, we provide actionable plans to systematically reduce what you owe while minimizing interest costs. Learn to prioritize debts, negotiate with creditors, and avoid common pitfalls that keep people trapped in cycles of borrowing. Our approach helps you create a debt-free future without sacrificing your quality of life today.
Credit card limits are simply the amount of credit that is extended to you by a credit card company. Keep your spending under the limit, and know when it’s smart to request an increase.
A HELOC (home equity line of credit) allows you to borrow money based on the equity you have in your home — that is, the value of your home minus what you owe on your mortgage. While they can be
Venmo is a convenient service that has helped people stop carrying cash altogether. Read on to learn how you can use it with your credit card.
A balance transfer is essentially paying off one credit card with another. The smartest way to do a balance transfer is to get a card with an introductory 0% APR offer, which enables you to pay the debt off faster
Do you know what your debt-to-income ratio is? A lender will want to know, and so should you. Use this easy debt-to-income calculator to find yours.
Becoming an authorized user on a parent’s or spouse’s credit card can be a smart way to build credit. But it’s not without risks.
If you only have 15 seconds to learn how credit works, memorize the graphic above. It shows you the six key factors that make up your credit score, the three-digit number that summarizes the entire US credit reporting system and
Maintaining a good credit score is vital if you want to be approved for loans or credit cards. Follow these tips and you’re sure to stay in good standing.