Big Credit Card Balances Can Cause Big Problems

Most credit cards come with a preset credit limit. A card’s credit limit is the max outstanding balance you can have at any given time. You can pay down your balance and keep using your available over and over as long as you abide by the credit card issuer’s rules. That usually means making the minimum credit card payment each month on time and staying below your credit limit.…
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How Expensive Is Credit Card Debt?

Outstanding credit card debt and average credit card interest rates are both at the highest levels ever, which means consumers are paying a lot of money in credit card interest. Credit card issuers charge monthly interest in the form of a finance charge each month a cardholder carries a balance past the credit card date.…
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How to Qualify for the Best Credit Cards

Credit cards aren’t holding back when it comes to credit card rewards. They’re beefing up rewards, raising the signup bonus, and packing their cards with perks on top of perks. Rewards credit cards are more attractive than ever, giving a chance to earn cash back, points, and travel rewards for your everyday spending.…
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The Best Credit Card Perks for Frequent Travelers

When you’re shopping for a new credit card, it’s smart to choose a credit card based on your spending habits. If you travel a lot, the best credit card to have in your wallet is one that offers a ton of travel-related rewards and perks. Taking advantage of these benefits allows you to offset you travel expenses, sometimes even earning free flight and hotels stays.…
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