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...[04:47:53 AM Thursday, November 01, 2007]
Halloween is believed to be a holiday for youth folks and kids. However, the spending on this holiday proves to be not so childish. According to the National Retail Federation, Americans will spend even more on the holiday this year. Costumes, decorations, and candies appear to be of great demand these days. Take advantage of your holiday shopping! Spending may turn out to be saving for responsible cardholders. Don't let scary credit card debts prevent you from fun this weekend.
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[03:46:38 AM Tuesday, November 06, 2007]
The discussion of money matters is not an easy talk for newly married couples. But sooner or later, you need to settle this point with your spouse. By all means, speaking about credit card deals may be inappropriate, as all you can think about will be living together with your husband or wife happily ever after. Still, the real life proves to be much more complicated than in weepy movies and someday you need to decide how you will take control of your family budget. Very often, couples wrestle with an arguable point of separate or joint credit accounts. Let's take a close look at this problem!
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[04:47:30 AM Thursday, November 08, 2007]
We must accept that competition between credit card companies is still immense. They do their hardest to find new strategies and appeal more customers. Credit card deals for the rich and famous have become a vein of gold for credit card issuers. They try to win the hearts of elite, those people who spend money like water. It's a sweet dream of every credit company! To get unbelievable rewards, to get a card that screams about your wealth - that's the main objective of the jet set. So, what is so special in credit cards for elite?
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[04:38:35 AM Monday, November 12, 2007]
We cannot resist the temptation of making the best credit card deals. It appears to be really hard to think about some essential points like interest rates and fees. Day by day we use our credit cards and some cardholders cannot imagine their life without that tiny plastic in their wallets. With a small but effective credit card, people do shopping, run companies, and travel overseas. Much has been talked about travel rewards credit cards that enable to save on travel expenses. Still, cardholders may be disappointed with high foreign exchange fees on their credit card deals.
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[05:13:22 AM Thursday, November 15, 2007]
College students are believed to be inexperienced in making credit card deals. Sometimes, first steps in their credit life end up in various troubles like high fees and debts. Parents are anxious about promotion credit campaigns in campuses that result in financial difficulties. However, credit card companies are relatively innocent in comparison with identity thieves who constitute a grave danger for money matters of young cardholders. A recent survey has shown that students suffer from identity theft more often than other credit card users. Let's find out why!
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[03:56:47 AM Monday, November 19, 2007]
Now that cardholders feel Christmas in the air, merchants and credit card companies are excited in anticipation of terrific Christmas spendings. It's not news that weeks before Christmas turn out to be the biggest sales weeks in the year. For some retailers, this season is almost vital. As for credit card companies, January is a very profitable month, as cardholders make the highest number of credit card deals. The reason is quite obvious. Cardholders cannot manage their finances after heavy Christmas spendings and apply for a new plastic to bridge a gap in a family budget. Learn how to manage your funds at Christmas time!
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[04:24:51 AM Monday, November 26, 2007]
Credit card companies do their best to invent a new credit product that will win the hearts of credit cardholders. Nowadays, there are so many reward-oriented credit users. They seek for plastics with the best reward programs rather than for tedious fee-free credit cards. Moreover, present credit users tend to choose credit cards that fit their lifestyle best. Affinity credit card deals have become a breakthrough in credit card industry. These credit cards give you an excellent opportunity to support a good cause you believe in. If you are a figure skating fan, you will definitely like a new affinity credit card that supports the programs of U.S. Figure Skating.
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[06:22:51 AM Thursday, November 29, 2007]
We get used to the idea that credit companies play tricks on cardholders. That's why we hear so many stories about various traps and pitfalls associated with credit cards usage. One must agree that plastics may be beneficial or not. It looks like everything depends on us, cardholders. Financial experts tell us over and over again that we must stay vigilant and disciplined with credit.
Still, credit card companies happen to be very powerful, as they make the rules we should obey. Traditionally, they tend to strengthen the rules and increase interest rates and fees. There's good news for cardholders! Increasingly, creditors change their rules and regulations in favor of customers. It sounds too good to be true! Let's take a closer look at the latest trends in credit card industry!
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[04:10:36 AM Monday, December 03, 2007]
Credit companies do love when we spend money like water. Such attitude is music to their ears. They do their best to make us buy more than we really need. Meantime, cardholders try to stint the use of plastics, following instructive tips of financial experts. Oddly enough, they can limit their credit card purchases with the help of merchants. Though it sounds a bit controversial, it's quite reasonable judging by the amount of credit card transaction fees that retailers have to pay. Still, regular consumers can face certain difficulties using their plastics for purchases.
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[06:51:40 AM Thursday, December 06, 2007]
Sometimes, we cannot make head or tail of some credit concepts and definitions. And phrases like "grace period" or "two-cycle billing" will definitely sound unfamiliar to those cardholders who are going to make their first credit card deals. Oftentimes, credit users stay unaware of some credit practice until they learn it from their own experience. And as a rule, these are hard credit lessons. Misunderstanding seems to be the greatest trouble for cardholders. And lawmakers are here to protect us from possible credit mistakes. The idea of a new credit rating system is really brilliant in theory. Will it be the same in practice?
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