{"id":18524,"date":"2019-09-12T09:00:48","date_gmt":"2019-09-12T16:00:48","guid":{"rendered":"https:\/\/moneyppl.com\/?p=18524"},"modified":"2022-04-19T16:18:06","modified_gmt":"2022-04-19T23:18:06","slug":"40-credit-card-myths-debunked","status":"publish","type":"post","link":"https:\/\/dev.moneyppl.com\/40-credit-card-myths-debunked\/18524\/","title":{"rendered":"40 Prominent Finance Myths Debunked"},"content":{"rendered":"\n
Many financial articles revolve around credit cards. Some experts say that credit cards are necessary for building credit. Others claim that you don’t need to open a credit card account to be financially savvy. There are so many conflicting ideas out there that it can be difficult to determine the right path to take.<\/p>\n
Building credit is necessary because it can help you qualify for significant purchases. It ‘s best to have a good credit score to buy a home, a car, or new appliances. When you try to rent a house or apartment, property managers will run your credit score during your background check to determine whether or not you, as a renter, are a financial risk.<\/p>\n
Many believe the easiest way to begin building credit is through a credit card. Consumers have several different types of credit cards to choose from. There are cash back cards, cards that earn points or airline miles, and cards attached to a particular store like Target. Before signing up for a new credit card, take a look at 40 common credit card myths that are easily debunked starting here:<\/p>\n