Credit cards help parents take care of their kids in college; this is why CCs are common among college students nowadays. With this little piece of plastic card, parents need not to worry much about the health and wealth of their kids, as this little piece of magnetic card will easily help them get by on their own. However, with all the temptations present in a university, giving college students credit...
Credit cards have no doubt shown what benefits they can offer to consumers in this modern time. However, the convenience with which you can use them has also led many into a deep debt problem. Some consumers have a false misconception regarding the use of credit card, wherein it creates a false sense of access to money.
Managing your credit card and paying off debts you have acquired from it need not be...
It is very important that you plan a suitable budget in order to live a stress free and relaxed life. Very often it is seen that most of the people have the habit of spending money unnecessarily and as such, they fall into multiple debt problems. You can avoid this situation if you plan an affordable budget that you can follow and try to spend money according to that. A well-planned budget helps you...
Having poor credit score and your loan application is getting rejected or is not approved to give you loan then you don’t need to worry as there are many companies that are offering you loan even if you have poor credit score. The common reason behind rejection of the loan is that the creditors find it’s risky to do recovery if they give loan to poor credit score applicants. If you are undergoing...
Losing a credit card is common to credit card holders. If you are worried because someone might use it in an unauthorized manner, then follow these steps to guide you on what to do.
• Go to your credit card company immediately. Inform them about the loss and mention the date and time clearly when you lost your card. The Federal Law states that, if you were able to report the lost card immediately before...
Have you ever wondered on how a thin card can do all the transactions in a simple swipe? Let me introduce you to Chip and PIN. Chip and PIN was invented from United Kingdom by their government to implement the standards of secure payments.
Before, credit card transactions use a mechanical imprint or magnetic stripe to read and record account data and a signature for verification purposes. The customer...
If you live in the busiest countries like United States or Singapore, life would be hard if you don’t have a credit card. What if you don’t have enough credit history to apply for a credit card? Getting an account is hard. I will share to you some steps on how to open a credit card account and build a credit profile.
Step 1: Evaluate your credit report. If you never had a loan or credit account, it is...
Technology is advancing rapidly and we enjoy it. But as technology improves and so are the ways to do fraud. Scammers have developed new methods on how to steal credit card information from us consumers that don’t even suspect that we are being scammed. So how do we keep our credit card’s information secure?
Credit card scam on your email
Have you encountered scam emails, where in the provider of your...
We’ve all heard about offers from credit card companies which seem to be a great deal and in the end, you fall into the credit card trap which ruins your credit history for a long time. As young as 18 years old, a college student falls to a credit card trap. Credit card companies have been marketing to college students. So what are the do’s and don’ts a college student should know when thinking of...
How many credit cards do you have? It is important to remember that you shouldn’t have more credit cards than you can afford. If you are planning to open a new account for whatever reason, always close your current account if you don’t have any plans on using them. You should do this because it keeps your credit report positive. Also, you don’t have to pay the unnecessary fees, it qualifies you to...
We all know that credit cards have a lot to offer. Their marketing strategy is sometimes hard to ignore. Maybe at the beginning you would be happy about it but after reading your credit bill, you will be surprised and worried because of the increasing fees you have to pay. You should be aware and learn how to avoid these credit card traps that I will show you as you read this article.
Annual Fees:
It is...
I am going to share to you some tricks and tips to help you avoid unnecessary bank fees.
Avoid cash advance. Cash advances are not included in interest free periods. From the time you withdraw your cash, you will still pay for its interest. Some credit card providers are charging much higher interest for cash advances than purchases.
Are you qualified for a relationship discount? You can avail...
Have you ever wondered about what’s happening behind a credit card transaction after purchasing an item using your credit card? For example, you want to buy a dress, you hand your card to the merchant and sign the receipt and the dress you always wanted is yours. A few days later, a charge for the dress you bought shows up on your bill.
So, is that it?
Let’s say your credit card is VISA issued by ABC...
