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There is no denying that we often get lured into getting credit cards even if our common sense warns us against it. After all, they are accepted everywhere, do not require us to carry cash most of the time and help in getting loans sanctioned easily.  Read More

Are you worried about your credit card debt? Credit card debt is something millions of Canadians are struggling with. For example, in America, the public owes over one trillion dollars in debt. In Canada, the numbers are equally discouraging.  Read More

Credit card issuers rely on your credit score to assess your financial situation before approving you for a credit card. But you need at least one account – that has been active for over six months – to have a credit score. Some people don’t realise that they have a credit history due to their mobile phone monthly billing or house rent.  Read More

Reducing the number of credit cards you have seems like a smart financial move, though it is not necessarily true.  Read More

For millennials who are just learning about credit cards and credit ratings, gaining proper understanding of the different types of credit cards and how they affect your credit rating can help to shape your financial success. Many people don’t receive enough financial information to avoid common credit card pitfalls.  Read More

If you have ever used a credit card, borrowed a loan, or incurred some other kind of debt where you purchased a product or service that you paid for later, you probably have a credit history.  Read More

Cybercriminals evolve with technology. If there’s something new in the world of tech, you can be sure that cybercriminals will locate a flaw within that device and exploit it to steal our personal information. Now that wearable devices are all the rage, it’s important to ensure that your personal information remains safe.  Read More

A credit card can feel like a necessity in the modern age. Many credit card companies, despite advertising their products as low-interest – which is a very relative claim – are still charging you absurdly high amounts of interest. This high interest can significantly affecting your long-term financial security.  Read More

Although credit cards are generally very safe and companies can automatically detect bizarre activity, credit card fraud can occur, albeit to only a small percentage of Canadians (0.77%), but it results in a large loss of money. In 2010, for example, $365,916,944 was lost due to credit card fraud.  Read More

Not all credit card offer identical benefits and costs, but comparison shopping all of your choices can be time consuming. Unless there are drastic upcoming changes happening within the next few years of your life, you can gauge how your spending and repayment patterns will be by looking at your credit card statements in the past year.  Read More