How Closing a Credit Card Account Affects Your Credit Score?
Posted on Tuesday, August 29th, 2023 |
If you have a credit card that you no longer use or need, you might be tempted to close it and get rid of it for good. However, before you do that, you should be aware of how closing a credit card account can affect your credit score and your overall financial health. Your credit…
Read moreCredit Cards and Your Credit Score – What You Should Understand!
Posted on Monday, August 21st, 2023 |
Credit cards are a convenient payment tool, but they also affect your credit score, which is a measure of your creditworthiness. Your credit score is a three-digit number that ranges from 300 to 900 and is calculated based on various factors such as your payment history, credit utilization, length of credit history, credit mix and…
Read moreCredit Card Myths Debunked – Separating Fact From Fiction!
Posted on Monday, August 21st, 2023 |
We all know credit cards can help you build your credit history, earn rewards, and enjoy various benefits. However, there are also many misconceptions and myths surrounding credit cards that can prevent you from using them wisely and responsibly. In this blog post, we will debunk some of the most common credit card myths and…
Read moreThe Impact of Credit Card Utilisation on Your Credit Score
Posted on Monday, August 21st, 2023 |
Do you know how much of your available credit you are using on your credit cards? If not, you may be missing out on one of the most important factors that affects your credit score. Your credit score is a number that reflects your creditworthiness, that is, how likely you are to repay your debts on…
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