Credit Advice

I have an American Express card with no limit, but I have to pay off each purchase monthly. Does this help boost my credit score?

Do you recommend credit repair companies? And if so do you have some referals?

The best credit card depends on the person's credit and how they use it. If you have poor credit get a card with annual fees. If you have good credit, get a rewards card if you pay in full each month. Get a card with a low rate if you carry a balance.

This is a very common question and there is no one answer for all. With hundreds of different credit cards, it can be difficult to pinpoint the right credit card for you without knowing how you plan to use the card. Whether or not you need to carry a balance, your transaction activities, and your credit score all play important parts in choosing the right card.

If you carry a balance every month, as opposed to paying your balance off each month, then interest rate will likely be more important to you. If you have poor credit, then the best credit card for you will be very different from the best card for someone with excellent credit.

For those reasons, CK has attempted to provide a summary of preferred credit cards based on credit score, rates, features, and member feedback.The credit card reviews are updated once per month based on changes. It is extremely important for consumers to use the right credit card since it could save you thousands of dollars in fees, interest, and benefits.

This is a new response on the updated question.