The highest number of credit cards owned by a single individual is 1,562!!!! While well above the average of 3.6 credit cards per household, it leaves you wondering what is the advantage of carrying multiple credit cards. Pros and Cons of Having Multiple Credit Cards Credit cards can be a valuable financial tool when used […]
If you’re not worried about identity theft yet, current events might change your mind real quick: About 44% of the U.S. population’s names, social security numbers, credit card account numbers, addresses and deiver’s licenses have entered the hackerverse.
Making mistakes with your credit card can result in a variety of negative financial effects, some long term. Every year, credit card companies reap billions in fees from consumer’s mistakes with their credit cards. Instead of having to pay these additional costs and pad banker’s paychecks, avoid these mistakes and keep the money in your […]
The credit card industry has become increasingly competitive over the last decade, with many credit card companies now offering reward credit cards with lucrative perks to entice new customers into signing up with them. While the rewards for these credit cards are prominently advertised to potential customers, many of the other features of the credit […]