Banks and credit card companies decide whether or not to approve applications for credit based on a variety of factors, including: (1) how long you’ve been employed, (2) your family income level, and (3) your credit history, as reflected by your FICO Score.
What is FICO anyway?
FICO stands for Fair Isaac & Co., which [...]

Anybody who owns a credit card knows the many advantages of using one. Nothing beats a credit card when it comes to convenience, ease and peace of mind when paying for an item. Unfortunately, however, some people have not mastered the art of using a credit card correctly and suddenly find themselves in insurmountable debt. [...]