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1. Know your credit score and what it means. Your credit score is a three-digit number representing your credit health that issuers use to determine your creditworthiness or how likely you are to ...
If you have a credit score in the 400-500 range, you might have to start out with a secured credit card to build debt and then apply for an unsecured card later down the loan. If you do apply for ...
A bad credit score, or any score below 579 on the FICO scale, can put a wrinkle in nearly any financial plan, including if you want to get a credit card.Most credit card issuers require good or ...
You have five credit cards each with a $1,000 limit, making your total available credit $5,000. Your regular monthly credit card expenses total $1,000. Your credit utilization ratio is 20 percent ...
Luxury travel cards with big sign-up bonuses, statement credits, lounge access, and annual fees topping $500 or more are typically out of reach if your credit score is under 600. No-annual-fee ...
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For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
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