Credit Basics

Learn what the credit card minimum payment is, avoid pitfalls of late fees and penalty, and find out how to minimize interest with right credit cards.


Having a credit card has a lot of advantages, as long as you maintain it responsibly. Here are 7 ways in which we benefit from owning a credit card.


What’s most important isn’t the number of accounts on your credit report, but what you do with them. Before making a financial decision, think about how the number of accounts you have will affect other credit score factors; check your credit report to see how you are doing.


Do you read the fine print of a credit card offer? If you don’t understand the language, you may be frustrated. Read here to see what these frequently used credit card terms mean.


If you are in a position in where you are working on rebuilding your credit, a secured card may help. They all have their differences in features and fees, so it is important to look carefully at the fine print.


With a chip card, a cardholder’s confidential data is more secure than on a magnetic stripe card. Every time a chip card is used for payment, the card chip creates a unique transaction code that cannot be used again. Right now, over 130 countries of the world already use chip card readers as the standard. In the ...