Charge cards–they can be a helpful tool for your credit or a plastic nightmare for your personal finances, depending entirely on how you use them. Building credit requires demonstrating your reliability as a borrower, so when applied for with care and paid dependably, credit cards can be one of the best ways to prove your creditworthiness.
But credit cards, like any tool, can also do a lot of damage if you don’t know the proper techniques. Too many cards, too much debt, or even cards applied for at the wrong time can all end up taking a toll on your credit reports and scores. Hence, the Quizzle Credit Card Guidebook!
Quizzologists want to keep you on the good side of this equation, so we’ve taken the liberty of gathering relevant links and articles that can help you stay on the straight and narrow edge of that card in your wallet.
How many cards should you carry? Are there differences between the major cards? Can closing your credit accounts help your credit reports, or could that do harm? How about department store credit cards–are they a good bet? We may me asking a lot of questions, but rest assured, we also have the answers for you!
Read the Complete Credit Card Guidebook: