Have you ever gotten a credit card bill and seen a charge for a small amount or for a company you don’t recognize? While your first instinct might be to assume it’s credit fraud or identity theft, there’s another less alarming option to consider: grey charges.

 

What are Grey Charges?

Grey charges are charges for services you’ve forgotten about or were not aware of and that you don’t use but that are still charged to your credit card on a monthly, quarterly, or yearly basis. Remember the gym membership you signed up for and totally forgot about? How about that video streaming service with one month free and then they charge you full price every month? Despite not actually going to the gym or using the VOD service, the company could easily still be charging you if you forgot to cancel (depending on the length and terms of your contract).

Continue reading “Grey Charges – What are They?”

Having access to credit isn’t just a fundamental part of how society functions, it’s a requirement for a huge number of important financial milestones. Mortgage, car loan, student loan, you name it: a good credit score is your key to tapping into borrowed money.

So how do you actually obtain a good credit score? Keep reading to learn how to become a credit super star and stay on top of your finances. Continue reading “A Good Credit Score: Become a Credit Superstar”

Are you considering applying for a car loan, a mortgage, or any other kind of loan that requires a credit check?  Making sure your credit is as strong as possible is the best thing you can do in a world that relies on bank loans and revolving credit. Here are some things you can do to strengthen your credit before you apply for a car loan/mortgage/line of credit etc. Continue reading “Strengthen your Credit”

Worried your credit is less than stellar but avoiding actually looking into it? The signs that your credit is struggling are easier to identify than you might think. Here are some bad credit warning signs you should be on the lookout for (and what you can do to turn your credit back around again). Continue reading “Bad Credit Warning Signs”

If you’re running short on cash at the end of the month and need a small loan to tide you over, it can be tempting to look into applying for payday loans. So what is a payday loan exactly? And is it worth it? Continue reading “Payday Loans: Are They Worth It?”