Credit Cards

Managing your Credit Rating

February 26, 2013

Hello All, One of the unfortunate downsides of the slow economy is that lending standards have tightened considerably in recent years.  Both my wife and I have recently felt the brunt of this.  For example, my wife purchased an investment property in Oregon, but we had a couple of late payments on one of our […]

Read the full article →

Do or Don’t: Opening a credit card just for the rewards points?

January 24, 2013

This is a post that I originally wrote for the Smart Money Debate at Ready for Zero.  I want to know if Dinks are pro or con opening a new credit card just to take advantage of rewards bonus points.  Can you guess where I stand on the subject? If you would open a credit […]

Read the full article →

How to Tell If Your Credit Card is Dangerous to Your Financial Health

October 15, 2012

(Guest Post by Benjamin Feldman) Credit cards are so common these days that it seems perfectly normal to pull one out and swipe it at the gas station, the grocery store, a restaurant, or anywhere else. It’s more convenient than using cash, and there are several other benefits (such as rewards, building credit, enhanced security) […]

Read the full article →

Yes Ma’am, your credit card does expire!

August 23, 2012

I can’t even believe that I am saying this (or typing this rather) but can you believe that some people don’t know that their credit card actually expires? That’s right some people have a credit card in their wallet and they use their credit card on a daily basis, but they don’t know that their […]

Read the full article →

What is a Good Credit Score?

August 16, 2012

Good Morning DINKS.  One of the major factors that people try to improve on or better in their financial lives is their personal credit score.  A good credit score can make both our personal and our financial lives a lot easier.  Having a good credit score can help us get a discount on our home […]

Read the full article →

The Best Credit Cards with Cash Back Rewards

May 2, 2012

Good Morning DINKS. We have discussed many times on this Dinks Finance why we love to use our credit cards.  We have also discussed when and why we choose to swipe our credit card including the added benefits, the extended warranties, and the convenience of using our credit cards. There is usually a consensus among […]

Read the full article →

Is a Credit Report Freeze More Trouble Than It’s Worth?

April 11, 2012

(Guest Post by Jay S. Fleischman) Two years ago my friend decided to get into the world of home ownership. The market had tanked, and he figured it was a good investment in his future. At first, the stars were perfectly aligned. He had great credit, a stable job, and money in the bank. At […]

Read the full article →

When and Why I Use My Credit Card

April 4, 2012

I have a love/hate relationship with my credit card. I loved using my credit cards in the past when I needed them, I hated paying off the debt over several years, and now I love using them responsibly and watching my credit score get stronger and stronger each month. I have definitely made my share […]

Read the full article →

Are You Wasting Money on Credit Card Interest?

March 15, 2012

(Guest Post by Jeffrey Weber) If you have credit card debt and good credit, chances are pretty high that you’re wasting money on interest. Just how much you’re wasting will vary tremendously based on your interest rate and average monthly balance, but here are a few numbers to reflect on: A person who carries an average […]

Read the full article →