Does Paying the Minimum Hurt Your Credit Score

Credit card bills can be confusing. If everything was straightforward and clear, credit card debt wouldn’t be such a big issue. But it’s not clear, and debt is a massive issue for millions of consumers.  One of the most confusing aspects is the minimum payment, with few consumers understanding how this works, how much damage (if any) it does to their credit […]

Does Paying the Minimum Hurt Your Credit Score is a post from Pocket Your Dollars.

9 Financial Strategies for Padding Your Bank Account in Case 2021 Goes Sideways

Sure, we’re glad 2020 is over. But here are nine financial strategies for padding your bank account — just in case 2021 goes sideways, too.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

By: Anita Miller

I received a civil summons to court from a debt collector claiming I owe them money on a credit card that according to my credit report showed last payment as 2/11/10 I have never gotten anything from this agency regarding this matter and know the sol is 6 yrs in the state I live in, the summons they included a billing statement dated 06/14/11 as their proof of debt I'm assuming but that isn't the date of last activity it was 2/11/10. The 06/14/11 which is also the date on my credit report that they closed the acct. I received this summons on Thursday evening to appear Monday morning please help

Fall in Love with Your Credit Score

With Valentine’s Day around the corner, you’re probably thinking about your plans for the big day. Whether you’re celebrating with your significant other or friends, love is definitely in the air. But do you feel that love for your credit score? That’s right—it’s time for you to fall in love with your credit score. And we’re here… Read More

The post Fall in Love with Your Credit Score appeared first on Credit.com.

How to Get Approved for Credit in a Financial Downturn

In a recession it’s common for many people to rely on credit cards and loans to balance their finances. It’s the ultimate catch-22 since, during a recession, these financial products can be even harder to qualify for. This holds true, according to historical data from the Federal Reserve Bank of St. Louis. It found that […]

The post How to Get Approved for Credit in a Financial Downturn appeared first on Good Financial Cents®.