9 Biggest Credit Card Myths

Looking to get the most out of your credit card?

In today’s world of credit cards, strategies that may have worked in the past can now harm your credit. High Credit Secrets offers insider advice on rapidly improving your credit score.

We’ll reveal the “credit-building strategies” that don’t work anymore. Here are some misconceptions:

1. Cancelling a card before paying the annual fee. The fee is charged on Day 1 of service.
2. Cancelling and reopening a card for sign-up bonuses. Credit issuers have safeguards now.
3. Buying prepaid cards with credit cards. Verify if your purchase can be made with a gift card.
4. Buying items for rewards and returning them. Points are deducted when you get a refund.
5. Sending payments to friends. Most services charge a 3% fee, negating cash back.
6. The 15/3 Hack for payments. Extra payments don’t boost your credit score.
7. Leaving a balance on your credit card is beneficial. Carrying a balance can be counterproductive.
8. Closing an unused credit card helps your score. It may harm your score; consider auto payments.
9. Credit checks won’t affect your score. Frequent hard queries can lower your score.

With the help of this program, you’ll quickly raise your score using more than 38 distinct strategies. We have put these tactics to the test and can attest firsthand to their effectiveness.

In fact, over the next few days, I’ll be presenting the experiences of students who have documented their high-credit journeys in this program.

Discover the real process for building credit that saves you time and prevents any damage to your finances in the long run with High Credit Secrets.

Learn More About High Credit Secrets

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