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Getting Your First Credit Card: What You Need to Know

Credit Corp

For example, if you don’t have quite enough money saved for your auto insurance premium, you can use a credit card to make your payment. If you use a debit card, the fraudulent transaction ties up some of your money until you can convince the bank to issue a provisional credit.

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A Guide to Auto Loans in 2022

Better Credit Blog

Similar to mortgage subprime loans, subprime auto loans charge very high-interest rates. Where you might be able to get 3.99% from a bank or credit union, a subprime loan may come with a rate of 23.99%. Some banks and credit unions will require a minimum credit score of 650 to make an auto loan.

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Start Building Credit Before You Turn 18

Credit Corp

Make sure you manage your bank accounts well and avoid overdrawing your funds. If you’re a responsible account holder with a bank for a while, the bank might be willing to approve you for your first loan or credit card when you’re 18.

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How to Save $5,000 This Year with the 52-Week Money Challenge

Credit Corp

You might know when your paycheck will hit your bank account. Increase Your Insurance Deductible. An easy way to save $5000 this year is to increase your insurance deductibles. For example, consider your home and auto insurance deductibles. If you consider this strategy, speak with your insurance agent.

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All the Best Credit Cards of 2022

Better Credit Blog

Though it may seem unconventional, banks and credit unions frequently offer credit cards for people with fair or poor credit. Bank of America Premium Rewards Credit Card – Earn 50,000 points, worth $500, after spending $3,000 within the first three months of opening the account. In most cases, you’ll be given a secured credit card.

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How to Lower Your Car Insurance in 2022

Credit Corp

If you don’t have a significant savings cushion or other assets to cover the cost of large claims, liability insurance will protect you financially in the event of an accident. Collision Coverage: If you’re financing your vehicle, chances are the bank will require this coverage as well.

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7 Questions to Ask When Buying a Used Car

Credit Corp

Buying used enables you to strategically get a reliable vehicle that can last you years without breaking the bank. Otherwise, you’ll want to go to the bank and have them call the company that holds the title to make sure the loan gets paid off before any other money changes hands. Why Is Buying Better Than Leasing?

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