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What Is A Personal Loan?

Savings Corner

Personal loans have advantages and drawbacks. You might, for example, be offered financing by a home improvement store when you buy an appliance. A credit card is also not a good choice for major expenses, especially because you could accrue substantial interest if you don’t pay the balance in full at the end of each billing cycle.

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Ways to Build Credit Without Relying Solely on Credit Cards

Prairie Eco-Thrifter

For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Also, consumers with the best scores hold a variety of credit accounts – for example, a mortgage, an auto loan and a credit card. Your Score.

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Best Credit Cards – December 2023

Savings Corner

Top balance transfer credit cards BankAmericard® credit card: 0% Intro APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days of opening your account. It’s a versatile card, but use it just for gas and you’ll earn an impressive 5% back per billing cycle, up to $500 spent — for no annual fee.