Being an authorized user on someone else’s credit card can often be a valuable strategy for consumers who are looking to build credit. However, it is not true that everyone will benefit from authorized user accounts in every situation.
A secured credit card gives cardholders an opportunity to build credit. While you’ll have to make a security deposit to serve as collateral, this can serve as your entry point into building credit.
Credit sweeps are a heavily advertised and promoted service among credit repair companies. John Ulzheimer explains why you need to watch out for credit sweep scams in an episode of Credit Countdown.
These credit cards allow you to apply despite having a low credit score. Read this guide to learn about the best-rated credit cards for bad credit in 2024!
You can find financial advice almost everywhere you turn. Whether you are hearing advice from TikTok stars or friends and family, you’ve likely heard more than a few financial myths thrown into the mix.