Best Credit Life

How to Get a Good Credit Rating

By Rose Kivi

A credit rating is determined by numerous factors. A poor payment history or defaulted loans will cause your credit score to drop. A good payment history and paid-off loans will raise your credit score. Whether you don't have any established credit or have poor credit, you can raise your credit score by following these steps. Pay off all your past debts if possible. If you cannot pay your...

How to Opt Out of Credit Card Offers

By Tricia Goss

Offers for preapproved credit cards can clog your mailbox and take up unnecessary time. In addition, if you toss the offers into the trash, they can make you an easy mark for identity thieves. Another downside to credit card offers is that the companies often check your credit report prior to sending you an offer. Too many credit inquiries can negatively affect your FICO score. Learn how to opt...

How Can Credit Cards Build Your Credit?

By Donna Thacker

Getting credit established can feel like a vicious circle. Lenders will refuse you credit if you have no prior credit history on record. Many credit card companies offer low limit credit cards to people who either have no credit line, or are trying to re-establish good credit. Using the credit card wisely will help build your credit so that you are able to get larger credit amounts. Apply for...