How do credit cards work

A positive credit card balance is what you owe your bank issuer based on credit purchases you’ve made during a given period of time. Failure to pay off a positive credit card balance will negatively influence your credit score. Making consistent credit payments improves your chances of getting approved for future credit cards, loans, or […]

While there may only be four major credit card companies in the world, there are 25 different issuers in Canada alone. That’s already a lot for anyone to keep track of, and it doesn’t make spotting a fake credit card any easier. Credit card fraud impacts millions of people annually, with an estimated $28 billion […]

If you have just got your first credit card, you might find credit card statements challenging to understand. Fortunately, credit card statements have similar layouts and provide about the same information. As such, you don’t have to learn how to read credit card statements each time you change your card provider. This article tells you […]

Setting up pre-authorized payments can make paying for bills, services, or subscriptions easy and convenient. Merchants will automatically charge your payments to you without you having to lift a finger. The issue is that some people forget about these payments entirely (think, a Netflix subscription you forgot you had or a membership program you signed […]