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Elisabeth Chan is Creditnet's resident credit card expert. Elisabeth graduated Magna Cum Laude from Brigham Young University's Marriott School of Business.

When she's not rating and reviewing credit cards, Elisabeth enjoys gushing over her daughter (who is her exact clone), eating out (sushi and Chinese are favs), or attempting to conquer the pilates reformer machine (so far, all attempts have been futile).

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Recent Blogs

Four Things To Do When You Lose Your Wallet

It’s probably happened to you before; panic sets in as you start rifling through bags and drawers. While your hands go a mile a minute, so does your mind as you try to retrace your steps and remember exactly where you could have left it. That’s right, your wallet is gone.

FICO vs FAKO: Are You Getting the Right Credit Score?

Anyone who has ever applied for a loan, regardless of the type, has probably been told that the lending institution will have to “run their credit.” The latter is a phrase that refers to obtaining the applicant's credit score in order to determine whether or not the individual is a good credit risk. This is often referred to as the person's FICO–Fair Isaac Company–score. This score is what virtually all lenders use to determine how likely it is that a specific borrower will default on a loan or other financial obligation, as well as whether or not the person will make timely payments on loans or other lines of credit.

Ask Creditnet: Will My Credit Card Get Closed?

Dear Creditnet: My husband and I have one credit card each and the balances total about $1,200. Due to financial difficulties we have not been able to make any payments on these credit cards for almost a year. At one time we were getting letters from a collection agency, but we are now getting letters to pay our balance from the original creditor.

The Lucky 7's of Credit: How to Keep Your Credit Score Above 700

Lights flashing, adrenaline flowing, the scrolling triple 7's rewarding you with the jackpot of a lifetime; who in the world hasn’t dreamed of striking it big in Vegas? You could finally go on that vacation to paradise, pay off your home, or maybe even help support your family for generations to come. But those lucky 7's don’t have to be confined to Vegas.  In fact, one of the most important 7's you should be shooting for is a credit score of 700 or higher.  It may not reward you with cash jackpot worth millions, but obtaining a credit score above 700 will certainly open the door to more desirable credit cards with rewards0% interest credit cards, mortgages, auto loans, and other credit products that will save you thousands in interest during your lifetime. 

Credit Card Review: U.S. Bank FlexPerks® Travel Rewards Visa Signature® Card

You might be surprised to learn that one of the better signup bonus offers on the market comes from U.S. Bank.