Credit Card Doctor

Best Way to Invest Money

By Gregory Hamel

Investing money in order to grow one's assets over long periods of time is one of the keys of financial success and a comfortable retirement. The problem is that there is an inevitable risk verses reward trade off, where the more risky investments have greater potential payoffs. Therefore, which investment is best is somewhat subjective: a conservative investment might prefer a sure thing,...

What Are the Three Credit Agencies?

By Diana Monda Dill

The three credit reporting agencies are TransUnion, Experience and Equifax. Together, they maintain one of the world's most extensive databases of consumer and business credit information. This information is widely used to determine the credit worthiness of individuals and businesses. These three credit reporting agencies have become an integral part of our financial lives. The three credit ...

How Does a Balance Transfer Affect Credit?

By Deborah Nelson

A balance transfer is simply moving the debt from one lender to another. This transaction results in no change in a person's net worth, or credit. However, many factors go into a person's credit and there may be a change caused by those factors that apply to individual accounts versus the factors that only apply on an aggregate basis. A person's credit and credit score have an...