The holidays and the new year are a time when everyone seems to be looking for a better way to handle their finances. Spending gets out of control near the end of the year, and in the cold months of January and February, reality hits.
If you’ve looked into options for different types of rewards credit cards, you probably realized something very quickly: there are many, many different brands of cards available, with many different terms for earning and redeeming rewards.
If you think a credit score is no big deal, and therefore you’ve skipped out on getting a credit card or doing anything else toward establishing a credit history, you may be in for a rude surprise down the line.
The roof of your house suddenly springs a leak. The kids need new shoes, again. Your credit card payment is due tomorrow, and oh yeah, your boss just told you no one’s getting a pay increase this year after all.
If you carry a credit card (or two) in your wallet, then you probably think you already know everything you can do with it. Chances are you use it to pay for meals out at restaurants, to buy things online, and in case you need to use it to cover an emergency situation.
Even though the average American household has at least three credit card accounts, there are still those holdouts that think it’s a virtue never to buy anything on credit and who never want to have a credit card.