From day one I’ve always been patronizing credit cards, not because I’m encouraging people to borrow money, overspend, or anything like that. I guess I’m the kind of person who sees the benefits of having one, most especially with the kind of lifestyle I have. It’s always good to pay things in cash, but isn’t it great to buy something at 0% interest rate, meaning, good as cash, yet you don’t have to pay outright cash right then and there? And while doing so, you slowly but surely build a good credit history, giving you a greater chance to get approved in your future home mortgages, car loans, or simply getting a card with a higher spending limit. In short, a level up on your spending power. And the secret key? Actually, there’s none! It’s all about paying what you owe On time, and if you can pay everything in full, days before your due, that’d be really awesome!

I used to work for one of the three major credit bureaus, and people call in to inquire about their credit reports. Some say, “I don’t have any bad credit — credit card, loans or debts, but this specific company did not approve my loan, why is that so? They said that it has something to do with my credit score.” You see, having no credits or loans in the past would not necessarily mean a higher credit score. Although, your credit score is not based entirely on your credit history, it’s your credit history that shows how much of a good payer you are. So, if you have no record whatsoever, some companies are not likely to approve your loan applications, unless otherwise you have quite a number of significant assets that would prove that you are capable of paying them off.

That’s why I’m saying, even something as simple as having a credit card does help in establishing a good credit credibility and history. But, if you misuse it, I guess you would also suffer the consequences. So, it’s just simply finding the right credit card that suits you, and being responsible. With great power comes great responsibility, it makes no difference with the spending power you could acquire from having credit card. Just because you have a high credit limit, it does not necessarily mean you have to use it up. You just need to be mindful that you are “borrowing” the money that you are spending, and later you need to pay it. So, stick on the budget. The card is also one of the best weapons you could use during emergencies and you run out of cash. So, when it’s not necessary, don’t spend! As simple as that. It’s just like saving up and being equipped for the rainy days.

I’ve been trying to find a great credit card resource for quite sometime now. Why? Well, aside from personal reasons, I also wanted to be able to share it to my friends and other people whom I’ve been telling what best credit cards should be. And now, the search is finally over, because I found just what exactly I was looking for. The site is called ezpreapproval.com. They’ve got a wide range of information when it comes to only the Best Credit Cards there is, and everything that you need to know about them. What I like most about this site, is they do not simply showcase great credit card offers, but they also provide materials for educating consumers on how to become responsible credit card holders. To give you the best view of the site, click on this Site Map link, to check out their Top credit deals. This is a site worth checking out, take it from me!

I hope I was able to somehow shed a little light with this post. ‘Til next time guys! Ciao!