How many credit cards should I have?
“Hi Saundra! As someone who is getting her credit back in order, I want to be wise about applying for credit cards. I have two and working hard to keep them both under 30% utilization. I’m considering applying for one last card. How many credit cards is too many?” Submitted by Laurin O. There are…
Read More6 Steps for When Your Credit Is Denied
First, let’s start with the facts. There’s a widespread fallacy that a score determines whether or not you get credit. The truth is that lenders use a variety of factors to make credit decisions. These factors include your FICO scores, but also take into account your income, your employment history, and your credit history. This…
Read MoreWhat’s holding me back from getting approved for a credit card?
What’s holding me back from getting approved for a credit card? Submitted by anonymous. There are many reasons that credit card companies deny an application for a credit card. They review your application and your credit history to assess if you have stable income and how likely you are to pay them back (on time).…
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