What Are the Benefits of Increasing Your Credit Line?

What Are the Benefits of Increasing Your Credit Line
What are the benefits of increasing your credit line? It might seem to go against some of the current prevailing advice about credit–use less credit, not more and reduce your credit card balances below 50 percent or better. For many, the idea of increasing your credit line seems counter-intuitive because the idea is to avoid spending more. But increasing your credit line can actually help your...
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Are You Making These Credit Mistakes?

Credit mistakes
How many credit mistakes have I made in my life? Plenty. Missed payments, continued missed payments, not monitoring my credit, carrying balances that are too high…fixing all that can feel daunting at first. In fact, it can feel like an unattainable goal but I learned to ignore that feeling and press on. Are you making credit mistakes that can cost you more money than you should be paying? There...
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Credit Card Usage Statistics Prove They Are Leading Causes Of Financial Stress

credit card,Financial Stress
It’s hard to imagine a time without credit. Even in the most primitive of economies, shopkeepers would often extend credit to regular customers that are expecting a coming payday or harvest. Yet, consumers in the United States have taken credit to an entirely new level, and it’s those little plastic cards in our wallets that have fueled the boom. Many Americans assume that all Westerners use credit...
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