Jul 8, 2023 · A subreddit for discussing credit cards. Be sure to read sub rules before posting, use the resources linked in the sidebar / about section of the sub, and use search to see if your …

Oct 23, 2023 · I know this is probably asking a lot, but I feel like I am financially illiterate, and I need someone to explain how credit cards work and what would be the best way for me to …

So even though this will be your first card, if there's no such thing as building credit for you, definitely look into the perks and pick out a card that will really work for you.

Credit cards have a budget on them, essentially a limited loan from a bank or CC company; when you pay $100 for an item you aren't using your money at the time of purchase, you are using …

Feb 5, 2024 · You don't have to spend your entire limit, spend what you can pay at the end of each month, and make sure you pay it on time each month too. Credit card debt snowballs …

Feb 2, 2023 · Unfortunately some people do use credit cards to cover spending for money they don't have or to cover an unexpected expense. Higher tier credit cards offer fantastic perks …

A credit card is really just a very short term loan. Essentially, when you are approved for a credit card, the bank issuing the card is agreeing to pay for any purchases you make with their card, …

Jun 13, 2024 · The cards work by storing your bank account information electronically. When you swipe or insert the card, it sends a signal to your bank to transfer money from your account to …

Aug 15, 2023 · Using a credit card and making your payments on time increases your credit rating because you're showing that you're paying back your debts. Using a credit card and missing …

I have a question about how they work, I'm 18 and about to apply for my first credit card but I'm confused on the payment aspect of it and how to go about it. My current bank is TDECU and I …