Opening and closing credit cards can also damage your credit score, per this warning from FICO (FICO). What does it all mean? Unexpected life events such as job loss or an emergency can throw your ...

It’s also import to destroy your inactive credit card. Ideally, run the card through a paper shredder designed for plastic and then throw away the pieces. If you don’t have a shredder, cut up the card ...

Economists worry about tariff-induced price hikes, inflation, interest rates and the outlook for the job market Changes are coming to your credit score. As economists worry about tariff-induced price ...

Struggling with debt on a fixed income? Here's how to regain control of your finances while on Social Security.

Despite improving sentiment, the cost of carrying credit card debt remains high. A $6,000 balance at today’s average rate of ...