Whether someone alerts you to it or not, sometimes mistakes show up on your credit report. And while I have not had any major things come up, I have had credit lines (and even an old car loan!) show as still being open when in fact they had been closed a long while back. If you have been told or are curious to see if there are any mistakes on your report and want to work on fixing them, here are some steps you should take.
Since I get emails all the time asking about different credit cards and if people should be signing up for this, that, or the other one, this will be a new feature every week about different credit cards. This week’s card is the IberiaBank Visa Platinum Rewards Card. Through the rewards program, cardholders earn one point per dollar spent on all qualifying purchases. Points are redeemable for merchandise, travel and gift certificates to participating restaurants and merchants. (If you are reading this by RSS, you might have to click through to see all the details)
For those of you looking to see just how much you know about credit, you should take this quiz from Credit Karma. A good credit score can save you thousands of dollars on a loan, but many consumers don’t know what makes up that three digit number or have any idea what’s in their credit report. Take this quiz to see just how smart you really are when it comes to this important aspect of your financial health. (Answers below)
1. What is the average credit card debt?
Since I get emails all the time asking about different credit cards and if people should be signing up for this, that, or the other one, this will be a new feature every week about different credit cards. This week’s card is the TrueEarnings® Card from Costco and American Express. The TrueEarnings Card is designed for Costco members who have average credit and plan to take advantage of the cash back reward program. The cash rebate amount varies according to where the cardholder makes the purchase; 1% is earned on general purchases, 2% is earned for travel-related purchases, and 3% is earned for restaurant and on gasoline purchases up to $3000 (1% thereafter). There is no limit to the amount of cash rebates that can be earned. (If you are reading this by RSS, you might have to click through to see all the details)
Since I get emails all the time asking about different credit cards and if people should be signing up for this, that, or the other one, this will be a new feature every week about different credit cards. This week’s card is the IberiaBank Visa Gold Cash Back Rewards Card, which enables cardholders to earn a 1% cash rebate per dollar spent on all purchases. There is no limit to the amount of rebates cardholders may earn and rebates do not expire for the life of the account. There is also a 0% introductory rate on balance transfers submitted during the first three months. (If you are reading this by RSS, you might have to click through to see all the details)
