Posts Tagged ‘applying for credit’

Whether establishing credit for the first time, or bouncing back after years of poor credit, it’s likely that you’ll start off with a low credit limit when you are issued a credit card. After some time has passed and you’ve made timely payments, you might qualify for a credit increase automatically, but it’s not always […]

You’ve been paying all of your credit card and loan bills on time, and you’re hoping to see an improvement in your credit score. But much to your dismay, you check your credit score and see that it dropped instead. It can be frustrating when this happens, especially since you thought you were doing everything […]

Whenever you apply for credit, a hard inquiry is made and hard inquiries will negatively affect your credit score. Even though the effects are minor and temporary, you’ll want to avoid applying for multiple credit cards and loans. Since you should be selective when it comes to applying for a credit card, you’ll want to […]

Whether you have a lot of bills and expenses to pay, or there’s a large purchase you want to make, you’re usually faced with two choices when you don’t have the cash: you can charge on a high-limit credit card, or you can take out a personal loan. In some situations, a personal loan might […]

Whether you’re applying for your very first credit card, or you’re thinking about applying for an additional credit card, the choices can be overwhelming. After all, with all of the available options, how can you know what credit card is the best one for you? The following is what you want to look out for […]

Certain credit decisions might not seem like mistakes until it’s too late, and these can sometimes result in a poor credit score in the long run. Try to avoid the following credit mistakes: Not checking your credit report When was the last time you checked your credit report? Quickly scanning your credit report just to […]

When it comes to applying for credit, you may have heard the terms “hard credit inquiry” and “soft credit inquiry.” This article explains the difference between these two types of inquires and how they affect your credit score. Soft credit inquiries Fortunately, these are the types of inquiries that don’t have any affect on your […]