At Home In The Poconos
“Sure, just charge it to my credit card.” It’s a phrase we say at stores and restaurants from time to time, especially when we’re making unplanned or big purchases. Credit cards are convenient and common among most adults, but unless you use one carefully, you could find yourself in financial trouble. Here are some tips to help ensure you use credit cards wisely:
Charge ResponsiblyCredit cards and frivolous spending can be a recipe for financial disaster; too many impulse buys could add up quic...
If you have a good credit score, you can probably get approved for a credit card that doesn’t have an annual fee. The benefits? You’ll have a credit card without being stuck with an annual fee, and you’ll be happier.
Consumers with no-annual-fee credit cards were twice as likely to be satisfied with their card than consumers with annual-fee cards—70 percent to 35 percent—according to a recent survey from Discover, a major issuer of no-fee credit cards.
The main drawback is that most cards witho...
Many Americans struggle to manage credit card debt. If you have accumulated high balances, either because of overspending or because of circumstances beyond your control, you’re likely feeling stressed by your debt. With many credit cards carrying high interest rates, it may feel like you will never pay off the balances.
How Balance Transfer Cards WorkIf you have good credit, you may qualify for a balance transfer card with a low interest rate. A balance transfer allows you to move your balance...
Your first credit card can be the start to building your financial future. Just remember, how you use it can affect you for years down the road.
For example, build a good credit score and you could see lower interest rates on home and auto loans, and receive better credit card perks. Make too many mistakes with a first card, however, and you could have less financial flexibility. Landlords, lenders and utility companies could view a low credit score as a risky customer for them and deny you ser...
