Endeavor to keep your credit utilization below 30%. That’s the key to harnessing the “amounts owed” component of your credit score and keeping your credit healthy.
While you’re likely to see the annual percentage rate (APR) on your card’s disclosure documents, issuers generally charge you interest on a daily basis. Because most cards use a daily compounding method, you effectively pay a higher percentage than the APR.
Your credit card's security code is a three- or four-digit number that helps protect you against credit card fraud. Learn how to find it and why it's important.
Defaulting on a credit card is one of the worst things you can do for your credit. Here’s how to avoid it—and what to do if you’re already experiencing default.
Is the First Premier Bankcard Mastercard right for you? While it reports to major credit bureaus, its high fees and APR may make it less appealing than other options.
A Schumer Box puts the fine print of credit card rates and fees in an easy-to-read table. Learn how it can help consumers be more aware of the cost of credit.