By Lynnette Khalfani-Cox, The Money Coach®
Travel rewards cards are popular with both leisure and business travelers, and it’s easy to understand why. These credit cards provide attractive features, including airline miles; free or reduced-price hotel stays; and even concierge service before, during and after your travels.
By Lynnette Khalfani-Cox, The Money Coach®
With so many credit cards to choose from, how do you know if you’re getting the best deal on your rewards card, especially a credit card promising cash-back benefits? While there may be no one credit card that’s right for everyone, there are ways you can get the biggest bang for your buck with a cash-back card that fits your specific circumstances.
By Lynnette Khalfani-Cox, The Money Coach®
I remember back in 2001 when I had a ton of debt; I’m talking $100,000 in credit card bills alone. I know it sounds awful, and it was. However, in my late 20s and early 30s, I was a classic over-spender who’d been mismanaging credit even though I didn’t realize it.
A quick tip from Lynnette Khalfani-Cox, The Money Coach®
With so many Americans getting into debt, or maxing out their credit cards, you may have asked yourself: Why should I have a credit card at all?
A Quick Tip by Lynnette Khalfani-Cox, The Money Coach®
Taking advantage of an attractive new credit card offer, or a good balance transfer deal is often an excellent way to jumpstart your finances.
News outlets and credit card companies are quick to label millennials as being credit card-shy. According to a recent survey, millennials apparently fear their credit card debt more than climate change, the threat of war and even death. It may sound like an overreaction, but the underlying trend is substantial: millennials are carrying fewer cards and have lower balances, compared to the previous generation of young adults.
A quick tip from Lynnette Khalfani-Cox, The Money Coach®
It is estimated that 70%* of all consumer credit reports contains mistakes and some of those errors are serious enough to keep you from being approved for credit. If you’re in the market for a credit card, auto loan or mortgage, be sure to pull your credit reports first — before applying — and fix any mistakes.
A quick tip from Lynnette Khalfani-Cox, The Money Coach®
If you started 2019 with the intention to get out of debt, you may be bothered to find that some credit card bills are still lingering.
Don’t panic! You can still get on track financially and more quickly eliminate debts. Consider getting rid of your high-rate cards by utilizing balance transfers to a card with a lower interest rate.
A quick money tip from Lynnette Khalfani-Cox, The Money Coach®
If you’ve recently paid off a credit card, you might be tempted to close the account. But don’t! Canceling credit cards can often backfire on you, by causing your credit scores to decline.
