There are multiple ways to eliminate your credit card debt, but one of the easiest and most rewarding is through the snowball method. How does it work? You set out to pay a fixed amount per month which is over and above what the minimum payments are. The excess amounts go to the smallest balance….
Tag Archive: credit cards
8 Credit Myths That Can Affect Your FICO Score
Last week I had discussed how you can and should access your credit history report for free to verify there are no errors. Your credit score plays an integral part in whether you are approved for either a mortgage, credit card and other loans. FICO is the score developed by Fair Isaac ranging from 300-850…
Citi Credit Card Opt Out Deadline Approaching
Attention Citi credit card holders! Your rates have increased! In November 2008, Citigroup announced they would be raising their credit card interest rates much to the demise of their holders. Citigroup cardholders will then have until the end of January to turn down the higher interest rates. If they decline the rate increase, they will…
