Credit Card

CREDIT CARD

Oh, credit cards. For many Americans, the topic of credit cards is to be avoided at all costs, and it’s not hard to see why. In 2020, it was reported that nearly 50% of Americans were in credit card debt. It’s not just a small amount of debt, either. LendingTree studies found that most Americans have between $5,000 and $8,000 in credit card balances, depending on which state they live in. Ouch.

But on the flip side, credit cards are one of the easiest ways for people, especially young adults, to build good credit, which is essential for…

• Buying a home
• Renting an apartment
• Getting a car
• Lowering interest rates
• Improving insurance rates

…and so, so much more. The fact of the matter is, credit cards are an essential part of modern finances. You just have to know how to use them correctly.

That’s why Tablecloth Finance is here to help! We not only help you navigate the world of good vs bad debt, but we also cover more complex credit card topics like:

• Choosing the best card(s) for your needs
• Using travel rewards cards
• Using rewards points to your advantage
• Dealing with balance transfers
• Lowering interest rates
• Understanding credit card fees

Come take a dive into the world of credit cards with us. Click an article below to start learning.