Used wisely, credit allows for the convenient purchase of items both big and small. Used unwisely, credit can, and has, led to home foreclosures and bankruptcy. Learn to use credit and debit cards smartly and improve your credit scores.
Beware The Professional Credit Card Tactics
Tue Aug 31, 2010 | | Posted in Credit Cards
Recently, I received a couple of solicitations for a “professional card.” I didn’t know what it was so I did some research online and came to know that this type of card is not covered under the Credit Card Accountability and Responsibility and Disclosure Act of 2009, better know as CARD Act. It is also … Continue Reading »
Anomalies Of Credit Cards
Fri Jul 9, 2010 | | Posted in Credit Cards
Online dictionaries define anomaly as “Deviation or departure from the normal or common order, form, or rule.” Or “One that is peculiar, irregular, abnormal, or difficult to classify.” With the new CARD Act in place now, hopefully there will be some protection provided to the consumers. However, we as consumers have also the responsibility of … Continue Reading »
Carrying Balance Increases Cost Of Credit Cards
Sun Jul 4, 2010 | | Posted in Credit Cards
While it’s best to pay off your credit card bill every month in full by the due date, we all know it’s not always the easiest “ritual” to do in life. However, many more folks are unaware – a lot more don’t even wanna know – how much their credit cards cost in terms of … Continue Reading »
Put Your Credit And Debit Cards To Work For You
Tue Jun 29, 2010 | | Posted in Credit Cards
As we all know, using credit cards can have advantages as well as disadvantages. The same is true using debit cards. Both can have a positive impact in your personal finance if you use them wisely. In some cases, it’s a better idea to use credit card for your next purchase and other cases using … Continue Reading »
You Maintain Car – Time To Maintain Credit Card
Sun Jun 13, 2010 | | Posted in Credit Cards
We all maintain our vehicles with oil and filter change at regular intervals. In between, sometime when we must go out on a date with our vehicle, we treat it with a set of new tires, replace transmission gasket and fluid in the pan. We all know and do that. If we don’t, the car … Continue Reading »
Protect Yourself From Credit Cards
Fri Jun 11, 2010 | | Posted in Credit Cards
Whether during recessionary or booming economy, most Americans will always have the habit of paying for their purchases with the convenience of a credit card. The growing number of new credit, charge and debit cards and the dizzying array of special offers from the issuers are still leaving many people confused about how to manage … Continue Reading »
Tricky Credit Card Traps Even Under CARD Act
Wed Jun 9, 2010 | | Posted in Credit Cards
There are some tricks still available to credit card issuers that can potentially send you on a downfall path to traps that you could never have imagined. Of course, if you are not careful. The new CARD Act can help you only if you help yourself and watch out for these traps. It can protect … Continue Reading »
Minimize Your Credit Card Costs
Sat Jun 5, 2010 | | Posted in Credit Cards
Now that the new CARD Act is in effect for some time, experts tell us that the card issuers would look for different ways to make more money for themselves. They can charge annual fees, and / or raise interest rates or they can pull out an entirely different snake from their sleeves with enough … Continue Reading »
Tips To Monitor Activity On Your Credit Card Account
Thu Apr 15, 2010 | | Posted in Credit Cards
Since February 2010 when the CARD Act went into effect [How your credit card will be affected by the new CARD Act], media have reported that card holders have been hit two-fold: 1) New fees and 2) high interest rates. In addition, the card issuers have been coming out with anti-fraud programs that for some … Continue Reading »
How New CARD Act Will Affect Your Own Credit Card
Thu Apr 8, 2010 | | Posted in Credit Cards
Because of the CARD Act, banks and other financial institutions will place restrictions on your credit card . Some credit cards will be affected more than others. More and more issuers would gradually realize that they can’t make more money with all sorts of perks that were offered to their customers for 20 plus years. … Continue Reading »
