If you’re borrowing money, whether it’s through a credit card or a personal loan, you’re creating debt that you have to repay, usually with interest. However, not all debt is the same. There are two main types of debt: secured…
The latest American Airlines mileage sale is offering flyers a discount of up to 50% on the regular price of miles, making it the best deal on AAdvantage miles this year. The sale is divided into different tiers based on…
Southwest Airlines Double Points Promo: What You Need to Know Southwest Airlines is starting off the year with a bang, offering various promotions to entice travelers. After reducing elite status requirements for 2023 and offering 40% off flights at the…
unexpected financial emergency, paying more than the minimum may not be feasible. However, if you are able to, it is highly recommended to pay as much as you can towards your balance each month. This will not only help you…
If you’re struggling to pay off credit card debt, you may be wondering what debt forgiveness is and how it works. After all, having your debts forgiven can sound like an excellent option if you’re buried in a mountain of…
A credit card transaction is a seemingly simple process that occurs when you make a purchase using your credit card. However, behind the scenes, there are several parties involved, including you as the consumer, the merchant, the payment processor, the…
When it comes to applying for a loan or any type of lending product, understanding your debt-to-income (DTI) ratio is crucial. Your DTI ratio compares your monthly debt payments to your total monthly pretax income. This percentage is important to…
If you’re a college student, you likely have a lot on your plate between classwork, extracurriculars, and a part-time job (or two). Between all of these responsibilities, the task of building a good credit score may not be at the…
Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Credit utilization is a crucial factor in determining your creditworthiness and plays a significant role in…
The Citi® Diamond Preferred® Card and Citi Simplicity® Card are two credit cards offered by Citi that are specifically designed to help consumers tackle large credit card balances or finance big purchases. These cards offer longer interest-free balance transfer periods…