Five Strange Things That Could Hurt Your Credit Score

We all have heard the typical advice on how to get a good credit score: • Pay off your bills on time • Don’t apply for new credit cards frequently • Don’t file for bankruptcy Most of us can understand these, but there are some lesser-known actions that can harm our credit scores. Some of…

Bizarre Ways That Harm Your Credit Score

We all know that missing a payment will hurt our credit score. Other things that can lower our credit score are bankruptcy, defaults, delayed payment, applying for credit too often and so on. This makes sense. What if I say that an overdue library book or reservation for a rental car could negative impact your…

Reactivating A Credit Card Closed For Inactivity

There are many reasons why credit cards can be closed or cancelled. Requests by customers to close down their credit cards or accounts for financial problems, payments issues like missed or late payments, fraudulent activity or identity theft and due to inactivity. However, customers can reinstate their credit cards or accounts again if they want…

Using Three Credit Cards Will Boost Your Credit Score

There is common misconception that using multiple credit cards can hurt your credit score, but if used responsibly then you can benefit from it. Keeping a high balance on a single credit card will increase your credit utilization rate, which can eventually affect your credit score from month to month. But if you have three…