Category Archives: Credit Cards

Credit Card Advantages

Public domain photo “Credit Card Illustration” by Melody Dobbs

Advantages of Credit Cards

Too often credit card companies are the ones who get money off of us and not the other way around. We have to be careful not to get too many credit cards, get the right credit cards, and pay our statement balance in full. So how can we play the credit card system to our advantage?

Choose the Right Credit Card

First, it’s a matter of choosing which credit cards are the best to take out. You can only use store credit cards in one place and don’t offer rewards outside of that store. You also run the risk of taking out too many store credit cards, which will hurt your credit. Choose two or three major credit cards that you can use worldwide.

Build Your Credit Score

raise credit score

Building your credit score can help save money on loans, lower deposits, and help you get a job or a place to live. However, you need to build your credit in a certain way without taking too many credit cards or loans. So how can you build a better credit score?