Credit ratings are vital to the American way of life and nearly everyone that has ever had to use their credit can tell you how important your credit rating can be. Getting and keeping a good credit rating is vital to nearly everything in your financial life from your mortgage to your car insurance.
Scores of Americans understand the importance of a mortgage to your credit rating. Countless are impressed by the size of the credit you have borrowed with a mortgage and have promised to repay. Though, did you know a credit card for merely a couple of hundred dollars could be just as important for your credit rating? Many people aren’t aware of how credit cards affect your credit rating.
The history of credit cards
Believe it or not there are… » Read more