Credit Cards

When you’re trying to establish credit for the first time or rebuild your score after a bankruptcy, foreclosure, or other rough financial spot, a secured credit card, when used responsibly by you can be a lifesaver. The OpenSky® Secured Visa® Credit Card is one you may want to consider, whether you’re starting out or you’re starting over.

Credit Sesame on the “buy now” approach to beat inflation. “Buy now” is a common sales pitch when inflation is high, and there’s some logic to it. When prices are rising quickly, consumers are penalized for delaying certain purchases. However, the “buy now” mentality isn’t always a good response to beat inflation. In fact, if

Credit Sesame discusses how rising interest rates contribute to record credit card debt. A new report shows that American consumers are adding record interest costs to their expenses. To add to the worst inflation in 40 years, consumers are taking on on record amounts of credit card debt. Combined with fast-rising interest rates, this means

Credit Sesame discusses how debt changes retirement funding and financial security. In mid-2022, the amount of debt held by people aged 60 years and more reached an all-time high. Along with Americans in all age groups, seniors are piling up record amounts of debt. However, a large debt burden can be especially burdensome to retirees.

Credit Sesame on why pre-approved credit card applications are a win-win for consumers and credit card companies. Credit card offers fill your mailbox, flood your email inbox and interrupt your television shows. When consumers are bombarded with pitches to that degree, is it any wonder they get a little jaded? Should you care when a

Credit Sesame discusses credit card pre-approval and whether it gives you better odds of approval. When you receive a credit card pre-approval through the mail, a text or online, should you apply? Does “pre-approved” mean better odds of approval? Maybe, but not always. Pre-approved offers are marketing tools for credit card issuers to promote their

Credit Sesame’s personal finance weekly news roundup October 15, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. New cryptocurrency theft nets $566 million New Fed report shows soaring credit card debt and cost Americans still on a post-pandemic spending spree Mortgage rates jump to highest level since 2002

Credit Sesame on starting good money habits during self-improvement month September 2022. So you’ve just landed your first job? Congratulations! That is an achievement in itself. However, don’t stop there. Self-improvement September is the perfect opportunity to commit to starting good money habits that set you up for a lifetime. Starting good money habits at

Credit Sesame discusses getting pre-approved for a high-end credit card. Credit card pre-approval promotions are common. You may have received one. Credit card promotions are sent to consumers in all income brackets. However, only the ultra-rich receive offers for high-end credit cards. High-end credit cards are offered by invitation only but that doesn’t mean you

Credit Sesame discusses why getting pre-approved may or may not be a good thing. Are you eager to get a credit card but worried you might get rejected after applying? Do you want to take advantage of special rewards a certain credit card provides? Perhaps you should consider applying for a card you’ve already been