A cash advance is a service that allows you to withdraw cash from your credit card account. This can be useful in a pinch, but it’s important to understand how cash advances work before using this service. Read on to learn more about cash advances and how they can impact your credit. Checkout this video:…
If you have late payments on your credit report, you may be wondering how to get rid of them. Here are a few tips on how to delete late payments from your credit report. Checkout this video: Check your credit report If you have negative items on your credit report, you’re not alone. According to…
A credit default swap (CDS) is a financial derivative that provides protection against credit risk. CDS contracts are used to hedge against the risk of defaults on debt instruments, including corporate bonds, government bonds, and mortgage-backed securities. Checkout this video: Introduction A credit default swap (CDS) is a financial derivative that provides insurance against the…
If you use QuickBooks for your business finances, you may be wondering what a credit memo is. A credit memo is simply a document that reflects a credit issued to a customer. This can happen for a variety of reasons, such as a return of merchandise or a mistake on an invoice. Checkout this video:…
Credit bureaus are constantly changing and evolving, so it can be hard to keep up with which one is the most accurate. We did the research for you and found that the most accurate credit bureau is currently Experian. Checkout this video: The Big Three Credit Bureaus There are three main credit bureaus in the…
The average credit card is about .039 inches thick, or about the thickness of a US nickel. But some cards are thicker than others. Checkout this video: Introduction Credit cards come in all shapes and sizes, but have you ever wondered how thick they actually are? On average, a credit card is 0.030 inches thick,…
Your credit card issuer will send you a monthly statement with the date that your payment is due. This is usually about 21 days after the close of the billing cycle. However, some issuers may have different due dates, so be sure to check your statement or cardholder agreement. Checkout this video: Introduction Credit card…
If you’re looking for the best rates on loans and credit cards, you’ll want to join a credit union . Here’s a guide on how to join a credit union and get the best rates. Credit Union and Get the Best Rates’ style=”display:none”>Checkout this video: Research credit unions in your area . The first step…
If you’re carrying a balance on your credit card, you’re probably paying interest on it. But there are a few things you can do to avoid paying interest, like paying your balance in full each month or transferring it to a 0% APR card. Learn more about how to avoid paying interest on your credit…
Do you know when your credit card issuer will start charging you interest on your balance? Read this blog post to find out. Checkout this video: What is interest? Interest is the price you pay for borrowing money. When you use a credit card, you are borrowing money from the card issuer. The card issuer…