Managing your credit card and financial health

Here’s a list of resources to help you understand your credit card bill, manage spending and learn more about credit scores.

Many people struggle with their financial health at some point. Life can get in the way of your plans to always pay on time, and bills can pile up. If you need some help learning how to bounce back from a tough financial time, you’re not alone.

While everyone’s situation is different, there’s information that may help you navigate financial hardship. Here’s a collection of articles from Capital One that may help you understand more about how your credit card bill works, how to manage spending in difficult times and things you can do that may help improve your credit.

A woman sits at a table with her laptop while writing on a notepad.

Understanding credit card bills

What happens if I’m unable to pay my credit card bills? 

Missed or forgotten credit card payments can happen to anyone. But it can be helpful to know the potential impacts. Missed payments could lead to late fees, impact your credit score and more. 

Learn what might happen when you miss payments, how to adjust your payment and when it might be the right time to contact your credit card company. 

Credit card minimum payments explained

A credit card minimum payment is the smallest amount you must pay each monthly billing cycle to keep your account current. But how is it calculated? And what happens if you miss one? 

Find out more about how minimum payments work and what you need to know about them. 

How credit card interest works 

If you carry a balance on your credit card month to month, you might accrue interest on that balance. But how exactly does credit card interest work? 

This article will help you understand how interest is calculated, how it’s determined, when it’s charged and how to pay less of it.

A man shows a woman with a laptop his tablet screen while they both sit on a couch.

Managing spending

Saving for emergencies while paying off debt

Building an emergency fund can be challenging, especially if you’re trying to manage debt. This article offers some strategies that might help you do both.

The article offers ways to plan, budget and reflect to help yourself stay focused and make progress toward your financial goals.

How to budget and plan financially after a job loss

If you’ve recently faced reduced hours at work, a furlough or the loss of your job altogether, it can be hard to make ends meet. But there are still some practical steps you can take to plan financially after a job loss. 

The article details eight financial steps to consider after unexpectedly losing your job. 

A man lays on his stomach on a couch while looking at his phone. 

Exploring credit scores

7 ways to help improve your credit score

The flexibility that comes with a higher credit score could make some things in life a little easier. 

And while improving your credit score may not happen overnight, these seven steps may help you start moving in the right direction. 

The importance of credit 

Many people know that credit can influence your chances of qualifying for loans and credit cards. But credit can also play a role in things like decisions made by insurance companies, landlords, utilities and employers, too.

Explore a few ways credit could play a role in your life, and learn about the benefits that come with having good credit.

Related Content

Money Management

The importance of credit