1) Hospital Bills
Usually done on credit because they’re priciest and most common, they also don’t offer many good deals on interest grace periods and are often very willing to go to collection agencies if you run behind, and that’ll only hurt your credit more. Paying for insurance and taking care of these bills as quickly as possible is ideal. [...]
There are a few misconceptions about credit that stop you from reaching goals. Here are a few common ones:
1) Credit Cards are Bad
When paid on time, with preferably more than the minimum due, an open credit card that you take care of shows creditors you’re responsible. It’s only irresponsibility, such as late payments, settlements, are being assigned to collections that look bad [...]
Even if you’re only signing up for complimentary one (such as Credit Karma) or an annual one, it’s smart to have a subscription to consistently monitor your credit and give you alerts on any changes to your credit, positive or negative.
1. Catch Identity Theft ASAP [...]
Most credit card companies rely on customers who either rush into a card without being prepared or diving into how their cards work. Here are some tips to not be taken advantage of:
1. Pay off more than your minimum dues!
They way interest on cards work is that they’re betting on you only paying the minimum, and by [...]