You may be trying to establish or re-establish your credit history. A secured credit card can prove to be really important in doing this. These cards can often pave the way to traditional credit cards which typically offer better rewards and lower interest rates. How do they work? To qualify for most unsecured credit cards,…

The transfer and sale of mortgages between financial institutions does not affect the borrower’s credit score. Question: I have had my mortgage for ten years but it was sold to another lender four months ago. We are planning to purchase a new home next month and will be applying for a home loan. Will our…

It is now common knowledge that if a thief steals your credit card and goes shopping, you won’t be held responsible. There’s more protection that your credit card offers you which can be especially helpful in this holiday season. Price matching and extended warranties are a few examples of benefits that come with swiping your…

Good credit plays an important role in huge financial decisions such as purchasing a house or car. Since these huge financial decisions are not made everyday, building good credit does not always seem too important. Here are some ways to ensure good credit: Do not apply for multiple credit cards Make a few purchases each…

You’ve worked so hard and have finally paid it all off. It’s time to celebrate!! But before you get too carried away, remember that more work can be done to ensure lasting financial freedom. What have you learned? Although financial freedom is a huge accomplishment, what mistakes have you made and have you learnt from…

Square, a mobile payments company, recently announced that it is launching a card reader which will accept payments from chip cards. The US credit cards are mostly swipe and sign, which entails use of the magnetic swipe. However, this system is loaded with multiple instances of fraud and a chip based setup is expected by…

Everyone who braved the long lines on Black Friday, the busiest shopping day of the year, probably did so with the help of a smartphone and key apps to help the journey. Technology has definitely influenced the way e shop, and it’s important to consider the future of shopping in stores. In the future, sensors…

Customers are often offered store credit cards whenever the opportunity presents itself. Employers are given generous bonuses based on the numbers of store cards they sell. These cards always sound really rewarding, especially with the amount of discounts supposedly promised. These cards are not always what they seem, and here are some potential risks to…