Credit Cards News Archive
News Archive: 2008
We all would love to obtain credit cards with no fees at all, but somehow those plastics we use almost every day have so many various fees and charges that it's getting difficult to manage them.
Typically, when applying for a card, customers pay attention mostly to an interest rate and an annual fee if there's any. But somehow, they overlook numerous hidden fees that may cost them dear. To be more exact, they cost millions of dollars a year. Read more and learn how you can identify and avoid hidden fees and surcharges.
Click here to read more...Like it or not, in today's world a credit card is a must-have for every customer who tries to go with the times. Gone are the days when cold cash prevailed, these days plastics are undisputable leaders, and if you've got long-term plans concerning your financial well-being, a credit card happens to be a great financial tool for building your credit score.
When it comes to first credit cards, college years may be the right time to start your credit life. The great thing about student credit offers is that they are designed to meet wants and needs of youngsters, they give an excellent opportunity to start establishing credit history when still in college. All the more so, there's no shortage of these deals in the credit market, so that you can easily take advantage of a credit card for students!
Click here to read more...For those people who are carrying heavy debts, a balance transfer game can save a large sum of money. However, this game can be a tricky one. On the one hand, you can take advantage of teaser rates and pay off your debts during the introductory period, on the other, you may end up paying much more than you expected. A balance transfer can be a smart idea and you can easily eliminate your debts. But before you take this step and shift your debt onto another card, you should know the rules of this balance transfer game.
Click here to read more...It would be great to apply for the card that requires no interests to be paid. Unfortunately, it's not possible. You will pay interests on a credit card, regardless of your credit history. The only difference here is how much you will pay.
Though there are no such plastics in the US, many issuers offer 0% APR for a specified period of time. The length of the introductory period ranges from six months to twelve or fifteen months. Anyway, you've got enough time to benefit from interest-free period and save a round sum of money in interests. Learn how to make the most of the cards with 0% introductory interest rates.
Click here to read more...[06:47:24 AM Tuesday, August 21, 2007]
Have you heard that credit card deals sometimes lead to suicide? Even best credit card deal can be a deal with death if it is managed with unskillful hands. Your plastic will most certainly play against you if you abuse credit cards basic laws and one day you may find yourself completely destroyed.
That’s a frequent case with teenagers who are an easy game for credit card companies in their search of extending credit card market. It’s a deplorable fact that money lenders are so greedy that they easily issue a credit card for teenagers under 16!
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[12:11:08 AM Thursday, August 23, 2007]
Credit cards have undergone major changes since they were launched. When they were first introduced in 1950s, the transaction process took time and couldn’t really be called hassle-free. Merchants had to deposit special slips into bank to receive payments. First credit cards could only be used at particular store and there was no way you could find one with rewards that are being offered nowadays.
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[02:43:08 AM Tuesday, August 28, 2007]
Education is one of the most valued entities in the modern world and it’s rather discouraging that most people have to pay a fortune to have access to it and complete it one happy day. However, higher education is still a privilege beyond the purse of most people and it makes parents as well as students themselves, fall victims of credit and debt.
Most parents looking forward to giving their children proper education have evidently heard of the 529 College Savings Plan. It functions like an ordinary saving program which, however, is much more effective in the sense that it is free from taxation. Today, you can make a credit card deal to make the saving even more beneficial.
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[02:18:50 AM Thursday, August 30, 2007]
It shouldn’t surprise anyone that today’s society is a result of many years of progress. Apart from technological advancements, the social part of our lives has also moved a few steps forward. The pyramid of our needs and wants has revolutionized to the extent that we no longer care about things that had the biggest priority in our lives. Credit unions are just another tool that may help us to cope with one of the things that has a great impact on our prosperity.
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[06:26:05 AM Tuesday, September 04, 2007]
There have been numerous articles written on the ways one can use a credit card. And it looks like there is another one coming up soon. A new system has been implemented in St. Lucie that allows arrested or family members to bail using a single swipe of a credit card. The service has already proved itself useful for jail personnel, arrestees and millions of taxpayers who pay for keep the jail operating. However, that very same service does a great deal to bailsmen and their business.
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[02:18:38 AM Thursday, September 06, 2007]
Consumer credit card debt has been a weak point in the financial industry of the USA, bringing more disadvantages than benefits to both the sides – cardholders and credit card lenders. While many credit consumers do not really mind living in debt, paying only the monthly minimum on their credit card deal, the US Treasury Department has made a point of eradicating the so-called unfair credit card practices aimed at keeping you in constant debt.
What is so unfair about credit card practices? At first sight it may seem to you – what is so bad about the minimum monthly credit card payment? Why is it bad that I can make small payments each month without any notable loses to my budget?
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[01:25:54 AM Tuesday, September 11, 2007]
Millions of people throughout the world live on credit. Plastic cards are comparatively new but extremely popular form of money. Day by day we take advantages of this great invention. The number of applicants is ever-increasing. The sphere of credit card use is also extending. Now plastics are available for Iraqi consumers. In Iraq credit cards were something no one had ever heard of. By all means American invasion played its role in this process. Taking into consideration the state of Iraqi economy, it was a bold step to take. After years of dictatorship and wars Iraq definitely needs time to recover. However, Iraqi authorities succeeded to bring this venture into action.
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[03:52:40 AM Thursday, September 13, 2007]
It is no secret for banks and credit card companies that a great portion of American credit consumers is going over to women. Companies, however, do not report the statistics to reveal the percentage of women making credit card deals but women's growing activity is quite well-defined. There are certain categories of products that women tend to buy with credit cards and they are different from men's preferences.
Thus, analyzing the selling figures of the merchandise in supermarkets or on web sites, we get a well-formed picture of women credit card use.
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[02:03:13 AM Monday, September 17, 2007]
There are a great number of disposable goods that worked up consumers market. What do you say to disposable credit card numbers? Actually, it's a great invention for those people, who like online shopping. If you have ever tried this, you certainly enjoyed the ease and convenience of making purchases online, not to mention the delivery to the door. The bad news is that hackers are keeping pace with high-tech industries and their activity has deplorable results. The good news is that credit card issuers do their best to protect their clients from internet fraud. And one of the ways is disposable credit card numbers that protect your credit card deals from identity theft. How do they work?
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[05:31:29 AM Thursday, September 20, 2007]
There are a number of reasons that make you ineligible for the credit card deal you want. You may be under the age or your credit history may be too short. If you have applied for credit before, then the reason for the denial may be your poor spending habits and thus- low credit score. In other words, you are a high risk in the eyes of your creditors and they wouldn't venture to deal with you.
While all these reasons are plain and clear to understand and admit, there is yet another arousing the fog of confusion among credit consumers and thus - wanting clearing up.
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