Am I using my credit card wrong?

For the last five years I’ve had a baby Visa card ($500 limit) that I’ve paid off religiously; I haven’t paid a cent of interest and I plan to keep it that way. To build credit (and to get a cash rebate, however miniscule) I put my large expenses on it then pay it off […] Read more
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What steps or checks should I do to see if a lending company that cold-called me is legit? Too risky?

A few days ago I got a call from company asking me if I have any outstanding debts and saying they can help me with my debts. Well, I don’t have any debts; though I use 3 credit cards, I always pay them out in full. Then he asked me if I am looking for […] Read more
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Why is a US credit score based on credit utilization?

As a European citizen I am somewhat puzzled by how American credit scores work. The US is one of the few, possibly the only country where such a strong focus is put on the utilization history of personal credit (cards), to the point where people try to work out the best strategy to optimising their […] Read more
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Can I negotiate a credit card settlement by stopping payments?

I have a considerable amount of CC debt spread over three CCs. As my home refinance is in the process, it looks like I will soon have the cash to pay them all off. However, I have been receiving phone calls from companies offering a credit card settlement at about 50% of my balance and […] Read more
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Side work and managing finances?

I recently started taking on some side work which is making a decent amount of money for me on the side. I am operating it under my own SS# currently and not an LLC. I was hoping someone could provide me with some tips on how to properly manage the side work income so I […] Read more
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