The phrase “What’s yours is mine” is especially true when you get married. Not only are you joining together two separate lives, merging two households and sharing one another’s hopes and dreams, you’re also becoming the proud co-owners of each other’s debts. From here on in, your spouse’s debt is your debt, especially if you’ve [...]
The Canadian Source For Personal Finance
Category Archives: Credit Cards
How To Use Credit Cards Without Bankrupting Yourself
Credit cards, contrary to popular belief, are not a necessity. It is perfectly feasible to go through life without a credit card – but few are cash rich enough to do so and building credit is difficult without some kind of revolving credit in your history. Not to mention that making online purchases and accruing [...]
Insurance You Can Do Without – Credit Card Protection Insurance
Credit card protection insurance is another case of paying too much in premiums for very little protection. Many people signing up for this expect that it will pay off their credit card if they lose their job or become too sick to work.
The truth about credit card protection insurance is that it will only pay the minimum [...]
Federal Government Proposes New Credit Card Rules
The government proposed some new credit card regulations that, if passed, will require a minimum 21 day interest free period. Additionally, credit card issuers will post information on their statements such as interest rates, grace periods, minimum payments, annual fees and any upcoming interest rate increases. While these will help to stop the “snowball effect” [...]
Use Your Credit Card To Protect Your Purchases
Worried about making a purchase online? What if an order never arrives? Or a company goes out of business? If you paid with your credit card, you can use an option available to you called chargeback.
Chargebacks are a reversal of a disputed charge on your credit card. You should first try to resolve the issue [...]
How To Establish Or Rebuild Your Credit Worthiness
All my articles this week have shown how you can find out your credit history and score, and what you can do to improve it. But what if you have no previous credit, or some of your accounts went to collection agencies and now no one will give you credit? There are a few steps [...]
How To Improve Your Credit Score
In the first two articles this week, we discussed how to get your credit report and how to calculate your credit score. Now we’ll look at what you can do to improve your credit score.
Pay your bills on time. Late payments are one of the biggest hits to your credit score.
Keep your balances low. Obviously [...]
-
SUBSCRIBE AND FOLLOW
