Lisa Rowan
lisatella
Personal finance writer, Lifehacker
10/15/19
11:02 AM
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The only catch I could find was that you had to be within a certain (fairly small) geographic area. It was very interesting. 

10/11/19
4:50 PM
2

You make a very good point. A few months back I saw a local bank that was offering 7% interest on a seven or eight month CD! 

10/11/19
12:54 PM
2

Don’t get too hyper-focused on your score right now - I know it’s hard to get distracted by it, but focus on the long-term benefit. Consolidating gives you a lower interest rate or a more manageable monthly payment, right? Your score will go back up over time, and your finances will be healthier to boot. You’re doing Read more

10/11/19
12:40 PM
1

When you refinanced your loans, you probably had to submit to a hard credit inquiry, which can ding your score for a few months. It sounds like you consolidated your loans from 13 into one single payment in a new loan. If that’s the case, that new loan can impact your score negatively because it makes your average Read more

10/11/19
11:39 AM
1

Your positive score activity was not due to carrying over your balance, but rather due to other factors like your mix of credit, credit age, and most of all, your good payment history. I would recommend checking your credit report to make sure there’s nothing incorrect or fishy that could be throwing off your score.

10/11/19
9:56 AM
2

bjhinton is right, and it’s common for your score to drop a bit when you’re finished paying a loan. If you carry a balance on any of those credit cards, that could be a factor too. You should see your score even out and likely go up in the next few months!

10/10/19
4:55 PM
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I had a whole section about how you can look up store card offers at home, or frankly at any time before you get to the register. So the headline stands. 

10/10/19
4:52 PM
1

Loans work differently from revolving credit because you start with your balance at the highest, but it never goes up (beyond whatever interest accrues on the account). Paying your loan off earlier than scheduled will boost your credit score because you’ve knocked out that balance, but you don’t get extra points for Read more

10/10/19
2:19 PM
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You are correct. I will update this right now - thanks

10/10/19
2:13 PM
6

I understand and support this thinking, but the reality is that most people will have debt of some sort at some point in their lives. I’d rather discuss it practically for those of us who aren’t always perfect, than to have people repeatedly shut down the discussion altogether.

10/10/19
1:35 PM
1

Applying for a new rewards card in Q4 is a smart idea if you know your spending typically increases at this time of year (compared to, say, January/February when you’ve got a resolution to cut back, etc.).

10/9/19
10:37 PM
2

I don’t love the annual fee or the $4,000 minimum spend to get the signup bonus.

10/9/19
4:44 PM
3

So far I don’t think I’ve recommended any cards that do charge foreign transaction fees. That’s not to say there aren’t any left, but that it’s so common to not charge fees that it would stand out like a sore thumb if a card did. 

10/9/19
4:05 PM
1

I’m the same way — I’d rather use the card I have than chase whatever the newest offer is on the newest card. The signup bonus is usually the most tempting part, and it can also increase your own temptation to overspend. If you’re going to churn cards, it takes willpower as much as it does savvy.