credit and habit

  If you suspect that you are a victim of identity theft, it's important to take immediate action to protect yourself and your credit. Here are some steps you can take: Contact the credit bureaus: Contact the three major credit bureaus (Equifax, Experian, and TransUnion) and request that a fraud alert be placed on your credit report. This will make it more difficult for someone to open new accounts in your name. Close any fraudulent accounts: If you find any accounts that have been opened in your name without your permission, contact the financial institution and close the account. File a report with the Federal Trade Commission (FTC): File a complaint with the FTC at identitytheft.gov. This will help the FTC understand how identity theft is happening and what can be done to prevent it. Contact the local police: File a report with your local police department. They may be able to assist you in recovering your identity or finding the person responsible for the theft. Monitor your cr...

  A credit score is a numerical rating that reflects a person's creditworthiness, or their likelihood of repaying a loan or credit card debt. Credit scores are based on credit reports, which are detailed records of a person's credit history. The most commonly used credit score in the United States is the FICO score, which ranges from 300 to 850. The higher the score, the better a person's credit is considered to be. Credit scores are used by lenders, landlords, and other organizations to determine a person's creditworthiness. For example, a person with a high credit score is more likely to be approved for a loan or a credit card and may be offered a lower interest rate, while a person with a low credit score may be denied a loan or offered a higher interest rate. A credit score is calculated based on a number of factors, including: Payment history: This includes whether a person has made payments on time or missed payments. Credit utilization: This is the amount of cred...

  Technically, you can use a business credit card for personal expenses, but it is generally not recommended. Business credit cards are intended for business expenses, and personal expenses are not tax-deductible. Additionally, many business credit card agreements have specific language that prohibits using the card for personal expenses. Using a business credit card for personal expenses can also cause problems when it comes to keeping track of expenses and separating them for business and personal. Many business credit cards come with detailed reporting and expense tracking features, that help business owners keep track of expenses and make it easier to prepare taxes and financial statements. Mixing personal and business expenses can make this process more difficult and confusing. Additionally, using a business credit card for personal expenses can put the business at risk, if you are unable to pay back the debt, the business may be held liable for the debt, putting the company's...

  A business credit card is a type of credit card specifically designed for businesses to use for their expenses. It functions in a similar way to a personal credit card, where the cardholder can make purchases and borrow money, but with some key differences. One of the main differences between a personal credit card and a business credit card is the purpose of the card. A personal credit card is intended for personal expenses, while a business credit card is intended for business expenses. This means that business credit cards often come with additional features and benefits that are geared towards business owners, such as rewards for business-related expenses and the ability to track employee spending. Another difference is the way the credit limit is determined. A personal credit limit is based on the individual's credit score and income, while a business credit limit is determined based on the creditworthiness and financials of the business. Additionally, business credit cards ...

  A credit card is a form of plastic money that allows you to make purchases without having to pay cash. Instead, you can borrow money from the credit card issuer to pay for your purchases and then pay it back later with interest. Credit cards are widely used by people all over the world, but they can also be a source of financial trouble if not used responsibly. When you apply for a credit card, the issuer will typically check your credit history and credit score. This is because they want to make sure that you are a responsible borrower who will pay back the money you borrow. If you have a good credit score, you will be more likely to be approved for a credit card with a higher credit limit. However, if you have a poor credit score, you may be approved for a credit card with a lower credit limit or with a higher interest rate. Once you have a credit card, you can use it to make purchases anywhere that accepts credit cards. You can also use it to withdraw cash from an ATM. However...

  There is no one "best" credit card for everyone, as the best credit card for you will depend on your financial situation and spending habits. Some credit cards may be better suited for people with good credit, while others may be more appropriate for those with bad credit. Here are a few things to consider when looking for a credit card: Rewards: Some credit cards offer rewards such as cash back, points, or miles for every purchase. If you are someone who frequently uses your credit card, a rewards card may be a good choice for you. Interest rate: The interest rate on a credit card can vary widely. If you plan to carry a balance on your card, it's important to look for a card with a low interest rate. Fees: Some credit cards have annual fees, balance transfer fees, or other charges. Be sure to read the fine print and compare the fees of different cards before making a decision. Sign-up bonus: Some credit cards offer sign-up bonuses, such as cash or points, for new cardh...

  A credit limit is the total amount of money that can be charged to a credit card, including purchases, interest charges, and fees. Every credit card comes with its own credit limit, and lenders generally determine these limits based on credit scores and other indicators of creditworthiness. Your credit limit might be $500, $1,000, $5,000, or more. Whatever your credit limit is, spending beyond it is generally a bad idea. A declined transaction is the most likely consequence of spending over your credit limit. But it’s a good idea to understand exactly what happens if you go over your credit limit, because you’ll start experiencing the negative effects of a high credit card balance long before you hit your credit limit or max out your cards. Can you spend over your credit limit? The consequences of overcharging depend on whether you signed up for a credit card or a charge card. Some charge cards don’t come with credit limits, as long as you can pay off the balance in full every mo...

One of the most popular credit cards in the upper-class civilization of the United States is the American Express Platinum Card. This card comes with a lot of benefits and rewards, as well as a high annual fee that pays for all the benefits the card has to offer, but in the real world, the annual fee doesn't even pay for half of the benefits of the Amex Platinum card. Platinum Card Welcome Bonus. Just for opening the Amex Platinum credit card, you are entitled to receive the welcome bonus offer of 100,000 bonus membership reward points after spending $6,000 in the first three months of the account opening date. Annual Credit Beside the one-time benefit of the 100,000 membership rewards points for opening the card, you'll also get credit on every anniversary year that you can use in popular categories. Hotel credit  you'll receive a $200 credit every year for stays in hotels booked on American Express's website; that credit will appear as a statement credit on your plati...

When did credit cards start? The first concept of credit can be said to date back to at least 4,000 years ago in ancient Mesopotamia. Inscriptions on clay tablets from that time period show a record of transactions between Mesopotamian and neighboring merchants from Harappa, and are among the earliest known examples of an agreement to buy something at the moment but pay for it later. Fast forward thousands of years, and these ancient I.O.U.s gave way to the earliest versions of store cards, where merchants in the Old West would issue goods to farmers and ranchers who wouldn’t have the money upfront to buy the supplies. The merchants would issue metal coins or small plates as a receipt of the loan, and as the farmers harvested their crops and ranchers sold their livestock, they would repay the merchant. Over time, these placeholders for payment-in-full evolved in the U.S. into versions that more closely resemble the cards we know today. Old style credit cards When was the first credit c...

How to chose the first credit card I can't tell you what should be your first card. That has to be your own decision. I can help you with ideas on where to start. I personally started with the Chase Freedom Credit Card. The reason why I started with this card is that I already had a checking account with them, and most banks will more easily approve you for a credit card even if you don't have any credit history. For a secure credit card, you don't need a credit history or credit score, and it will build one for you. It may take up to six months. After that, you can apply for a regular credit card. The Capital One Platinum Secured Card or the Citi Secured Mastercard are great for that. Before applying, check if you are pre-approved. Most credit card companies allow you to check if you are pre-approved. If you are a student, you should consider opening a student card. It is very easy to get approved. You just need to have a prof that you are in school or college with. You ca...

  What is the fastest way to fix my credit? Pay credit card balances strategically  Ask for higher credit limits  Become an authorized user  Pay bills on time  Dispute credit report errors  Deal with collections accounts  Use a secured credit card  Get credit for rent and utility payments  Add to your credit mix To expedite your credit fixing you'll need to work by yourself and use a credit fixing company. First what you need to do, I created a list for you with 9 things you can do the fix and bring up your credit score. In the same time you should also use a professional company to help you whit things you can't do by you self, or they can give ideas how you can fix it by yourself, I have a recommendation for you it is the  CreditFirm.net , I by my self had a great experience whit them they are nice people and understand exactly what I want, it's only  $49.99 per month  try it by your self and let me know what your experi...

  My credit get hit what should I do now, can I improve it?  There is a lot of ways you can improve your credit and built a healthy credit history, I will share with you a few tips how you can achieve them, there are methods that you can do by your self and there that other people or companies can help you with that. What is the first thing to do to improve my credit? The first thing to do to improve and built your credit is to open a credit card, without a credit card you will not have credit, once you have opened your first credit card you can start building it, building a good credit can take time, we will have wait a wile to see results.  What's the next thing after I opened a credit card? Next we will start building it, to understand how credit is build we have to know the factors that credit unions use to calculate our credit score, there are 5 main factors that the credit score is calculated with. P ayment history Total am ount owed Length of credit history T...

  To start build a credit form scratch it can take 6 months till you'll get a score by Appling for a credit card, there are faster alternatives, you can ask your friend to add you as an additional user to there credit card, this can take as fast as 1 month in some cases 2 months, and if your friend have a good credit history on this card you will also get it!