Finance and Credit Professional

Some people believe that cancelling old credit cards is a good thing. A burden lifted off their shoulders. But how come when they check their credit score after they have cancelled those credit cards and closed their old accounts they only find that their credit score has actually gone down?Was it not a [...]

If you have spent any time on the Internet, you have undoubtedly come across various credit card companies, offering you lowest interest rates and best fees, or so they claim. With today's technology, you can apply for a credit card from the convenience of the companies website. Although many people have a full understanding [...]

Perhaps you are thinking about getting a credit card. You have gotten a few offers in the mail that say they have great interest rates. You might not be sure just exactly how great they are, especially a few months down the road, or if you happen to make a late payment on [...]

Now that you have finally paid off your credit cards, you decide that you're through with those accounts you've had for years. You only missed a few payments on your newer ones, so it should be long forgotten by now. Besides, you just paid off all your debt, and now you should have [...]