Credit Card Tips |
Credit card minimums not doubling, but might still hurt
Executives at Debt Shield, Inc., a Maryland-based debt settlement firm, said that the increased minimum monthly payments on credit card balances will most likely not double, as it is widely reported, but that the increase might push financially struggling cardholders into bankruptcy or bankruptcy alternatives, like debt settlement.
While credit industry experts and the media claim [...]
Features Of A Pre-Paid Credit Card
A pre-paid credit card is just what it says, a credit card paid for in advance. Once the credit limit is reached, the credit card is just a piece of plastic. You have to again pay upfront to renew it. The credit limit is thus known, fixed and limited.
Advantages Of Pre-Paid Credit Cards
Pre-paid credit [...]
Credit Card Interest Rates 101
So you just opened an envelope that contained a shiny piece of plastic with your name on it. Awesome a bank or financial institution just gave you a line of credit! Before you start joyously swiping it on just about any cash register, take the time to read this article to understand the credit [...]
Excessive bank account and credit card charges attacked as unfair
Excessive bank account and credit card charges attacked as unfair and possibly illegal
One missed credit card payment, or going overdrawn without permission, and suddenly a 30 charge can be incurred. Bank charges can seem to be unfair and too harsh given the frequently tiny amounts of unauthorized borrowing involved. Now it seems that [...]
Equifax Credit Scoring 101
Equifax is one of the top credit reporting bureaus and is well-versed in calculating your credit score based upon your credit history. Your credit score helps lenders to determine if you a credit worthy and your credit score can keep you from getting a loan from a lender.
To determine your credit score, [...]
Credit Card Interest Rates – APR
As you are most likely already aware that credit card interest rates can be very high with rates of 30% annually, depending on your credit history and credit card issuers are getting more and more diligent watching for late payments and over limits and may raise your interest rates and lower your credit limit because [...]
Easing Credit Card Worries
Credit cards getting you down at the moment, wish there was a way to ease the burden for a short while and save yourself some money in the process, well read on and find out how.
Balance transfers could be the answer to your prayers, some of the introductory deals on balance transfers are really [...]