The term Credit Card Float has two general meanings: First, the most widely used, generic definition of a credit card float refers to the cushion or “float” of time between when you make a charge to your credit card and when the money is actually due (when you have to pay the credit card bill). This float period can be anywhere from 21 to 52+ days. This variance in time has to do with where the purchase date falls in relation to your card’s billing cycle and statement due date. The second … [Read more...] about What is a Credit Card Float?
Credit, Credit Cards & Debt
How to Pull a Free Credit Report
Here we are, again. January. The start of a brand new year. Some people start the year with some New Year's Resolutions. I'm not one of them. It's just not my thing. Nevertheless, I do tend to view the beginning of a new year as a good time to take a fresh look at my goals and review the past twelve months - what did I do, what did I not do, what I want to do better. I also use the beginning of a new year as a reminder for several household and finance maintenance tasks such as changing … [Read more...] about How to Pull a Free Credit Report
Harvesting Credit Card Rewards
It’s nearly that time of the year again — time to harvest the cash back rewards I’ve “earned” on my various credit cards. From a strictly rational maximizing point of view, the best method would be to claim my cash rewards multiple times throughout the year and put that money to work immediately. But as with every money decision we make: it’s personal. In this case the rational-maximizer part of me is easily shouted down by the irrational big-payday emotional- and … [Read more...] about Harvesting Credit Card Rewards