Understanding the Credit Card Trap
Did you know the average American household carries $6,358 in credit card debt? If that doesn’t sound too alarming, consider this: A debt of $5,000 with an interest rate of 24.99% (which is the current rate of a typical Capital One or Citibank card), where only the...
How to Choose the Correct Credit Card for You
Choosing the best credit card for your lifestyle can have a considerable impact on your overall financial health. In an Ohio Credit Union League 2018 consumer survey, 73 percent of respondents stated that they use at least one or two credit cards every month. Of those...
What is a Secured Credit Card? And Should You Get One?
What is a Secured Credit Card? A Secured Credit Card requires a cash collateral deposit that becomes the credit line for that account. For example, if you put $500 in the account, you can charge up to $500. Secured Credit Cards are great for people with bad credit or...