Can Paying Your Bills on Time Increase Credit?

paying bills on time
Can paying your bills on time increase credit? The short answer is yes, definitely. But there’s a catch. Before we get to that, it pays to understand why paying your bills on time works to improve your FICO scores and earn you access to more credit. Learn To Think Like A Lender Many people are mystified by their credit–they don’t understand what makes their FICO scores rise or fall, and...
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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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How to Spot and Avoid Credit Card Skimmers

Avoid Credit Card Skimmers
Do you know how to spot and avoid credit card skimmers? These devices are responsible for a high amount of credit card and debit card fraud and identity theft; when attached to an ATM or any other card swiper device these skimmers harvest account numbers, PINs, and other data. Many shoppers don’t know they have been the victims of a card skimmer until its’ too late…unless they know what...
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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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How to Avoid Hidden Fees

how to avoid hidden fees
Do you need to learn how to avoid hidden fees? They are the bane of the consumer’s existence, and many of the fees you need to avoid require you to think more like a small business entrepreneur than a regular consumer. What does this mean? Basically, by looking at your purchases, service contracts, rental agreements, and other areas as a business owner with low margins, you start to look for ways...
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