Can I Have a Credit Limit That’s Too High?

One of the ways you can improve your credit score is to raise the credit limit on your credit card. When a credit limit is increased, it automatically lowers your credit utilization ratio, because there’s suddenly more credit available. This gives your credit score a boost. However, you may be asking a very smart question,… Continue reading Can I Have a Credit Limit That’s Too High?

How to Handle Your First Credit Card

Getting your first credit card is exciting. Not only are credit cards convenient, but they can also put you on the fast-track to improving your credit score, assuming you use them wisely and avoid common credit building myths. This begs the question of, “How do I handle my first credit card responsibly?” Public Service Credit… Continue reading How to Handle Your First Credit Card

What Does it Mean to Lease a Car?

Leasing began as a way for corporations to track transportation costs while saving money over purchasing a vehicle outright. Now, almost any vehicle can be leased, offering buyers from all walks of life access to high-quality vehicles with low monthly lease payments that make fitting it into the monthly budget easier. How Does Leasing Work?… Continue reading What Does it Mean to Lease a Car?

Save Your Identity–Freeze Your Credit

Freeze Your Credit for Free Did you know that you can now “freeze” your credit from being pulled at the three major credit reporting agencies: Equifax, Experian and TransUnion? As a result of the Economic Growth, Regulatory Relief and Consumer Protection Act, you can freeze your credit file from being pulled to protect yourself against… Continue reading Save Your Identity–Freeze Your Credit

2018 Grads: Embrace Student Loans

According to Forbes, student loan debt is at an all time high of $1.5 trillion. The conversation surrounding student loans is normally negative, and it’s easy to understand why. Going into tens of thousands of dollars of debt for a piece of paper may seem like an unfair trade, but for most people, it’s worth… Continue reading 2018 Grads: Embrace Student Loans

How to Build Your Credit With a Credit Card

All over Detroit and beyond, people are wondering how to build their credit using a credit card. Whether you’re an aspiring homeowner or you’re just looking to get a better deal on a loan, having a healthy credit score is essential — although obtaining that can seem daunting at times. Fortunately, one of the best… Continue reading How to Build Your Credit With a Credit Card