Only Get Credit That You Will Use

It is easy today to apply for a store credit card that you forget all about in three years – but that account will remain on your credit report and affect your credit score as long as it is open.  Having credit lines and credit cards you don’t need makes you seem like a worse [Read more...]

Don’t Get More Credit Than You Need

If you have several lines of credit or many big debts, you make a worse credit risk because you are close to “overextending your credit.”  This simply means that you might be taking on more credit than you can comfortably pay off.  Even if you are making payments regularly now on existing bills, lenders know [Read more...]