In 2021, the average annual health insurance deductible for an employee with single coverage was $1,669, according to the Kaiser Family Foundation (KFF) survey. The deductible is the amount of money you’re responsible for before the plan’s benefits kick in. Should…
When the Wells Fargo Active Cash® Card came out, it was a no-brainer for me. A sign-up bonus of $200 cash rewards for spending $1,000 in the first three months plus unlimited, 2% cash rewards on purchases? Yes, please. My credit score…
A sudden decrease in your credit limit can hit when you least expect it, curbing your buying power and potentially lowering your credit score, but you don’t have to let it stand. Credit card limit decreased? Just as a credit…
It’s true that a hard inquiry can cause damage to a credit score – especially if you have a thin or short credit file. For those with more in their file, the impact may not be as great. What it all…
Most business owners may not appreciate this, but the key to building business credit is a gradual and steady approach. How long does it take to build Nat Wasserstein, a restructuring advisor and managing director of Lindenwood Associates in the…
If you have more credit card debt than you can pay off, you’re not alone. According to the credit bureau Experian, the average credit card debt for Americans increased by 3% in 2019, giving cardholders an average of $6,194 in unpaid…
Dear Speaking of Credit, Should I pay off or close my credit card Can you pay off your credit card to get a better loan? Should I close the credit card to get a better loan? Which one is the…
The decision to add an authorised user to your credit card account should not be taken lightly. When you authorise a person to charge your account, you are responsible for paying for their purchases with the card linked to it.…
If you’ve had credit card debt for more than a year, you’ve got a lot of company. Poll: 56% of balance-carrying According to a new poll from CreditCards.com, 56 per cent of credit card holders who are carrying balances have…
You’ve worked hard and spent hundreds of dollars more each month to pay off the credit card debt you ran up. You have now paid it off. It’s time to have a party, right? 5 mistakes you should avoid Yes.…
