Term: minimum payment
2 found

Could Making Minimum Payments Hurt Your Credit Score?

By Steven Shaw on 5/19/2014

Could Making Only the Minimum Payment Hurt Your Credit Score?

How you use your credit card can have a big effect on your credit score. Paying your bills on time and keeping your balance low relative to your credit limit has a direct impact on your score, but there’s a lot lenders can learn from the way you pay your credit card bills, too. 

credit report
credit score
credit utilization rate
minimum payment

College Students: Are You Making These 9 Money Mistakes?

By Steven Shaw on 1/19/2014

money mistakes 

When you were packing up to leave for college, how many times did financial management cross your mind? Let me guess; probably not many. More than likely, you were too busy listening to all the voices in your ears telling you to be safe, stay away from trouble and to study hard.

credit cards
hidden fees
minimum payment