The types of accounts in your credit file impact your credit score, so it’s important to understand the differences between “good” and “bad” debts. Learn how types of debt differ, and how you may change your bad debt into good debt.
In general, the higher your credit score, the more likely it appears to a lender that you will pay your bills on time. You can boost your score by avoiding negative behaviors and swapping them for more positive, creditworthy habits.
Hidden credit card charges may be costing you hundreds of dollars each year—but how can you spot them? Learn about the five major types of hidden credit card charges, and how you can avoid these “grey charges.”