credit card utilization

Credit card users are showing increased financial stress — Photo by Nataliya Vaitkevich on Pexels

Cut Credit Card Comparison Myths That Cost Millennials Money

Cut Credit Card Comparison Myths That Cost Millennials Money Millennials lose money when they accept false credit-card narratives, so correcting those myths protects their budgets and credit health. Myth 1: High Utilization Improves Credit Scores Key Takeaways * Utilization above 30% raises credit-card costs. * 42% of 25-34 year olds exceed 80%

Is 18 Credit Cards Too Many? What Clark Howard Thinks — Photo by Nataliya Vaitkevich on Pexels

credit card tips and tricks

Are 18 Credit Cards Too Many?

Are 18 Credit Cards Too Many? No, 18 credit cards are not automatically a red flag; with a disciplined strategy you can keep your credit score healthy while extracting maximum rewards. In 2024, Clark Howard reported that 18 active credit cards can be handled without hurting your score if you