What is a Tax Credit vs. Tax Cut?

Answer Tax cuts are reductions in tax rates, elimination of certain types of taxes or new deductions that lower your taxable income. They reduce the amount of income you pay taxes on. Tax credits are cred... Read More »

Top Q&A For: What is a Tax Credit vs. Tax Cut

What kind of credit card can i get to build my credit if i have bad credit?

There are a few very good options to rebuild your credit. By obtaining credit that is attainable to those with poor credit and paying on time for an extended period of time, your credit will slowly... Read More »

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »

What does it mean when a credit was posted to your credit card?

A credit card company posts credit to your account primarily through payments and refunds. When you make payments, your card issuer credits the amount you paid to your account. The company may also... Read More »

What type of credit builds your credit score the fastest?

Some credit behaviors build your credit score faster than others can. The three major credit bureaus consider your payment history more than they do other areas, according to Delinque... Read More »