Credit Cards Archives - LoanMonkey.net

Credit card with a number of myths surrounding it.

7 Credit Card Myths

Credit cards are a valuable tool that quite frankly, people do not know enough about. Because of this, there are a number of credit card myths around, many of which you may have fallen for. Let’s take a look at 7 of these myths and debunk them.

Credit Cards

4 Credit Mistakes Almost Everyone Makes

There are a lot of credit mistake made by consumers, and some of them are repeated time and time again. Those who do not learn from history are doomed to repeat it, so why not do a little learning. Here are 4 credit mistakes that are incredibly common in this country. Avoid them and keep your credit file in good shape.

Credit Cards

Ways To Use A Credit Card For Your Benefit

With all this talk about how bad credit cards are, you might be tempted to just cut all your cards in half. Don’t! Surprisingly, there are a number of ways that credit cards can benefit you financially. Take a look at some situations where using the plastic is actually a good idea.

Credit Cards, Personal Finance

How To Reduce Your Monthly Credit Card Payments

Credit card debt can sneak up on you. A little spending here and a little spending there really adds up. Before you know it, you have hundreds of dollars in monthly minimum payments to make. Fed up with the wasted money? Here is how you can reduce your monthly credit card payments.

Credit Cards, Personal Finance

Cash Or Credit?

Cash or credit? It seems like it should be such an easy decision, but sometimes it is not. If you are on the fence as to whether to pay cash or put it on a credit card, here are some situations to consider.

A person using a credit card to make a meal.

Credit Cards, Personal Finance

When Is It Okay To Use A Credit Card?

Is it ever okay to use a credit card for a purchase? Credit cards get a negative rap, and for good reason, but there are some times when it actually makes sense to use a credit card. Let’s take a look at a few examples of when you should pull out the plastic.