Explainer · 2 min read
Why Your Credit Score Moved This Month, and When to Worry
Scores shift monthly due to balance reporting and new activity. Most moves are normal. Check for late payments or closed accounts if the drop is sharp.
Credit Cards & Scores
Page 2 of 2
Q&A · 3 min read
Store Credit Cards: What to Know Before You Sign Up at Checkout
Store cards limit you to one retailer and usually have high interest rates. Applying can lower your score slightly. Only use them if you pay the balance in full each month.
Q&A · 3 min read
Credit-Builder Loans and Secured Cards: Q&A
Credit-builder loans lock your money until you finish paying. Secured cards use a deposit as your limit. Pick the tool that fits your budget and reporting needs.
Myth vs fact · 2 min read
Carrying a Card Balance: Myths vs. Facts
Carrying a balance does not help your credit score. Paying in full is the best habit for your wallet. Interest starts accruing immediately on new purchases if you owe money.
How-to · 3 min read
Someone Opened Credit in Your Name: What to Do First
Call the lender's fraud unit immediately to close the fake account. Place a fraud alert or freeze to stop new accounts. Report the theft to the proper authorities and dispute errors with credit reporting agencies.
