Getting A Higher Credit Card Limit
Want a higher credit card limit but not sure how to get it? We can help. Take a few minutes to learn about how to get a higher limit on your existing credit cards and why you would want one in the first place.
Store credit cards. You have probably been offered one hundreds if not thousands of time. Every time you ring up a transaction at a major retailer, you are probably asked to apply. They seem harmless enough but are they? Take a look at some of the good things about store cards and why they may really be negatives.
Credit cards are a temptation, that is a fact. It is easy access to money that will allow you to buy anything. This has gotten many people in big trouble and big debt. If you have dug yourself out or that hole and paid off your credit cards, the natural temptation is to cancel them and cut them up. Not so fast. That might be the worst thing you can do. Here are some things to ask yourself before you cancel those cards.
Credit card debt is very easy to get and extremely hard to get rid of. If all your cards are charged up and your goal is to be come debt free, you have a lot of work ahead of you. You are going to need to employ every trick in the books to get those cards paid down. Here are a few of the top tips that will help you melt that debt away.
Your credit card interest rate is something you might not think about very often. Most people pay more attention to their limit and the rewards that they are getting from using their card. Take a minute to think about your interest rate and see how it is affecting you and what you can do about it.
If you are like a lot of us, you have a credit card or maybe two with zero balance. They are just sitting around and you are considering closing them, just to tidy up. Think a minute before you do that. Closing an old credit card or cards could have a big effect on your finances and credit.