Borrowing on a Credit Card
One of the easiest ways to borrow money of a financial institute is to use a Credit Card, available from all banks, building societies, and other financial organisations. The choices available are enormous, with a wide variety of interest charges, annual charges, loyalty schemes, and bonus points available. However there are two broad areas that you should look at:
Annual Interest Rate
Firstly if you do not intend to pay off your Credit Card bill at the end of each month, then you should look at the Annual Interest Rate (APR), this rate is typically between 13-17% at the moment, and you should be looking for a card that offers as low an interest rate as possible. You should also bear in mind that you are charged much higher rates of interest than other forms of borrowing money, so if you do not intend to pay of your bills for a long period of time, then you should seriously consider a different form of loan that is less expensive.
On the other hand if you do intend to pay off you credit card bill at the end of each month, then you should be more interested in the loyalty schemes that are on offer. These vary from being awarded points every time you purchase something (these points can than me used to purchased gifts or air miles etc), to simply being given 'Cashback' on everything you buy (typically 0.5%-1% of your purchase). You should also look at the level of service that your card company offers. They are obliged under law to offer certain protection to the consumer, but often they will increase this protection with other guarantees. Some offer extended warranties on electrical goods, extra travel insurance when you are on holiday, accidental damage insurance for any goods you buy, and even free commission on cash withdrawals when abroad.
Also some companies charge an annual fee for using their card (especially business credit card accounts), so these fees should be weighed up against the cards benefits.
Even if you usually do pay off your credit card bills at the end of each month, when you open a account you may be offered 6 months interest free credit. This is often an excellent way of saving money as you are basically given an interest free loan for 6 months. It is even more useful if you are allowed to transfer some credit card debt from a different company into the interest free offer. However there is a danger of becoming trapped in a bad debit cycle here, transferring your debt from card to card until it is completely unmanageable. The best advice is to make sure you always have enough money in the bank, or in a savings account, to pay off your debt when you are taking advantage of the interest free credit period. That way you benefit from earning interest on your savings in your bank, but as soon as the interest free credit period has expired, you can pay the entire bill off without being stung for high interest charges.
So to summarize
If you are not paying off your monthly credit card bills, look for a card that offers a low interest rate
If you are paying off your monthly credit card bills, looking for additional card benefits
Interest free credit periods are good news for saving money, but beware of being caught in a debt spiral
Credit Cards are an expensive way of obtaining a loan or borrowing money, and you should investigate other cheaper forms if you intend to borrow money in the medium to long term.
Alastair Taylor runs a website that tries to give the consumer the truth about how to save money on Financial matters as well as home improvement. Visit Whatprice to saves yourself time and money.
Robert J. Samuelson | Will the global credit boom go bust? Santa Cruz Sentinel
We are in the midst of a worldwide credit boom that may be without precedent. The debt explosion suggests that the global economy — all the national ...
Data breach hits Tampa Bay Federal Credit Union members FOX 13 News, Tampa Bay
Some Bay Area debit card holders are frustrated after more than 3000 members at Tampa Bay Federal Credit Union were impacted by a data breach. The credit ...
How was your credit card account hacked? You'll probably never know NJ.com
One couple's quest to learn why their credit card was compromised nine times in seven years.
Banks, credit unions offer help to furloughed federal workers WPRI 12 Eyewitness News
SMITHFIELD, R.I. (WPRI) — As the government shutdown persists, banks and credit unions are offering assistance to the 800,000 federal employees who are ...
Jewelry Retailer Accused of Opening Fake Store Credit-Card Accounts Wall Street Journal
Signet Jewelers agreed to pay $11 million in penalties to regulators for allegedly opening credit-card accounts without customer consent at retail stores it ...
How Do Corporate Credit Cards Work? U.S. News & World Report
Large, established companies may provide corporate credit cards to employees to charge authorized expenses rather than pay out of pocket.
9 Tax Credits You Need to Know Motley Fool
Here are the must-know details behind nine of the most popular tax credits available in the United States.
Grocery store offers credit to federal workers who need a boost WSAZ-TV
The Warfield IGA is offering $150 per week in credit to people who are feeling the effects of the shutdown.
IACPM: Credit managers see dismal 12 months ahead Pensions & Investments
Credit portfolio managers foresee an unpleasant 12 months ahead as nearly three-quarters of those surveyed think credit defaults will rise.
All the Tax Credits You Can Take for 2018 Lifehacker
Can you smell it in the air? It's tax season, and we're all trying to get the biggest refund possible. That means taking advantage of tax deductions and credits to ...
Credit union supports furloughed workers The County
Acadia Federal Credit Union wanted a way to offer assistance to Maine's furloughed workers affected by the U.S. government shutdown that has halted steady ...
Man stole credit cards at Plaza Frontenac Cinema, used them at Walmart STLtoday.com
ST. LOUIS • A man pleaded guilty in federal court Wednesday to conspiring to steal credit cards at Plaza Frontenac Cinema and using them to purchase ...
New tricks for raising your credit score are on their way CNBC
Two new programs will consider how prospective borrowers manage their cash. Riskier borrowers could see their credit scores rise as a result. Credit card ...
Mutual Security Credit Union names new president CTPost
Though it's only been two weeks since his promotion, Henry Baum is looking to take Mutual Security Credit Union into the future of banking as its new president.
UK demand for credit cards and mortgages is collapsing as Brits brace themselves for the shock of Brexit - Business Insider
UK demand for credit cards and mortgages is collapsing as Brits brace themselves for the shock of Brexit Business Insider
The UK housing market has slowed to its lowest level in nearly a decade as Brexit fears freeze demand for mortgages and credit cards.
Prattville police seek credit card thieves Montgomery Advertiser
Card had been stolen from vehicle moments before its use in Millbrook.
Action 9 investigates new credit score hurdle for some home buyers, renters WFTV Orlando
Action 9 investigates how credit scores are now used by a condominium board to make renting or even buying a unit almost impossible.
Carrizo Plains solar farm’s credit rating drops to ‘junk’ as PG&E bankruptcy looms The Tribune
S&P Global downgraded the credit rating for Topaz Solar Farm in Carrizo Plains, California, due to PG&E bankruptcy rumors. The SLO County solar farm's ...
Chip Ganassi Racing reveals Kyle Larson’s No. 42 Credit One Bank paint scheme NASCAR
Kyle Larson has a slightly new look on his No. 42 Credit One Bank Chevrolet Camaro ZL1 for the 2019 Monster Energy NASCAR Cup Series season.
Police Seek To ID Suspected Tulsa Credit Card Thieves News On 6
Police say they are trying to find two people that officers say may be connected to a Tulsa stolen debit card case.
Could strategic mergers hasten credit union consolidation? Credit Union Journal
As the number of credit unions nationwide continues to shrink, strategic mergers among mid-size and large institutions could become increasingly common.
How to score cash, perks in the new credit card rewards loyalty game Bankrate.com
A sweet sign-on bonus offering cash-back, free travel or rewards points is one of the most compelling methods credit card issuers use to entice new customers.
Former Arts Council CEO accused of misusing credit cards KBTX
COLLEGE STATION, Tex. (KBTX)- The Arts Council of the Brazos Valley says its former CEO misused credit cards, and the organization has turned over its ...
Oregon Rep. Blumenauer makes move for permanent short-line railroad tax credit - Logistics Management
Oregon Rep. Blumenauer makes move for permanent short-line railroad tax credit Logistics Management
Last week, Rep. Earl Earl Blumenauer (D-Ore.) made another push, in the form of new legislation, to make a short-line railroad tax credit permanent.
Fitch says PG&E's bankruptcy will not hurt California's credit rating Yahoo Finance
Fitch Ratings said on Thursday power company PG&E Corp's planned bankruptcy will not at this point hurt the credit quality of California. The credit ratings ...
Credit card skimming device found at gas station in Henry County 11Alive.com WXIA
MCDONOUGH, Ga. — A Valero gas station in McDonough was targeted by credit card skimmers and Henry County Police are asking anyone who might have ...
Credit Card Skimmer Found in McKinney Gas Pump NBC 5 Dallas-Fort Worth
Investigators discovered a sophisticated credit card skimming device from a gas pump at a McKinney Valero this week. The skimmer -- which is able to capture ...
Best Credit Card for Travelers? Probably Not One From an Airline The New York Times
You've heard the pitch on your flights: Apply for an airline's credit card and get perks like waived bag fees, priority boarding and miles for every dollar you spend.
Police search for suspect after robbery at Bristol, VA credit union WJHL-TV News Channel 11
As seen on WJHL News Channel 11 at Noon - Police in Bristol, VA are searching for a suspect after a robbery at United Southeast Credit Union, located at 2035 ...
2 New Ways To Raise Your Credit Score Forbes
By Michelle Black, Next Avenue Contributor. Getty. You're probably well aware that your credit score can have a big influence on your financial well-being, ...
'Photograph 51' asks: Did DNA pioneer Rosalind Franklin get the credit she deserves? - Milwaukee Journal Sentinel
'Photograph 51' asks: Did DNA pioneer Rosalind Franklin get the credit she deserves? Milwaukee Journal Sentinel
Renaissance Theaterworks performs "Photograph 51," which explores the life of pioneering DNA researcher Rosalind Franklin.
Colony Credit Real Estate Announces Monthly Dividend for Common Stockholders Business Wire
Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced that the Company's Board of Directors has.
Northwest-area credit unions deliver $7.8B in economic impact: Study Credit Union Journal
Credit unions in the northwest delivered an impact of $7.8 billion to their local economies last year, according to a report released Tuesday. The study ...
Trial set for 'AK 47 Bandit' suspected of robbing local credit union East Idaho News
IDAHO FALLS — A federal court trial for the Montana man dubbed by authorities as the “AK-47 Bandit” has been set in Lincoln, Nebraska. At a Tuesday court ...
Woman reports $7,000 charged from stolen credit card: Rocky River Police Blotter cleveland.com
ROCKY RIVER, Ohio -- Theft, Detroit Road: On Jan. 10, a woman reported that her wallet had been stolen while she was shopping at Whole Foods the day ...
A+ Federal Credit Union launches search for next CEO Credit Union Journal
Kerry Parker, the Austin, Texas-based credit union's current CEO, expects to retire around midyear.
Search is on for 2 credit card fraud suspects in Eaton County WLNS
The two are suspected of using a stolen credit card at retail stores in Eaton County.
Fortnite flaw could allow hackers to access credit card information, listen to conversations: security report - PennLive
Fortnite flaw could allow hackers to access credit card information, listen to conversations: security report PennLive
Fortnite's Battle Royale video game is displayed on an Apple iPhone; a major bug in Fortnite gave hackers access to millions of player accounts. Bloomberg ...
Federal court reaffirms 80/20 rule for determining server pay Restaurant Business Online
Restaurants would not be allowed to count servers' tips toward the minimum wage after 2026 if a bill introduced into the U.S. Senate and House of ...
Prodisee Pantry, Tyndall Federal Credit latest groups to help families impacted by shutdown - WKRG News 5
Prodisee Pantry, Tyndall Federal Credit latest groups to help families impacted by shutdown WKRG News 5
As the Coast Guard and other federal employees go yet another day without a paycheck, more companies on the Eastern Shore look for ways to help.
How to Prevent Your Credit Card Issuer From Canceling Your Card Lifehacker
If you've had credit card debt in the past, or you have an older card you don't really use anymore, you've probably read the advice that you shouldn't actually ...
Global ID Card& Credit Card Printers Market 2018: ZEBRA, MAGiCARD, Evolis, IDP, Nisca, Datacard, Matica, NBS, Swiftcolor - Industry News Today
Global ID Card& Credit Card Printers Market 2018: ZEBRA, MAGiCARD, Evolis, IDP, Nisca, Datacard, Matica, NBS, Swiftcolor Industry News Today
This report focuses on the global ID Card& Credit Card Printers market status, future forecast, growth opportunity, shares and key players. The study objectives ...
Man uses stolen credit card to buy $3K piece of pool equipment, police say KPRC Click2Houston
Harris County Sheriff's Office investigators are looking for a man who may be part of a “ring of thieves” targeting small businesses in the greater Houston area.
Former Arts Council CEO accused of misusing credit card Bryan-College Station Eagle
Editor's note: This story has been updated from an earlier version to include comments from Sylvia McMullen.
More than 30000 students apply for Empower Illinois tax credit scholarships WREX-TV
ROCKFORD (WREX) – A day after launching, tens of thousands of Illinois students are vying for private school scholarships. Part one of the application for the ...
Deputies: Woman turns self in after ordering items using customers' credit cards WNCT
A woman turned herself in Monday after deputies said she was ordering items for herself using customers' credit cards.
AM Best Downgrades Credit Ratings of Crusader Insurance Company Business Wire
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to.
Can Trump claim credit for $26 billion in savings on prescription drugs? The Washington Post
“Drug prices declined in 2018, the first time in nearly half a century. During the first 19 months of my Administration, Americans saved $26 Billion on prescription ...
Executive Spotlight: Pelican State Credit Union Vice President Michelle Ford - Greater Baton Rouge Business Report
Executive Spotlight: Pelican State Credit Union Vice President Michelle Ford Greater Baton Rouge Business Report
In October, Michelle Ford was promoted to vice president of human resources. She's been with Pelican State Credit Union for 13 years, and most recently served ...
Former UB student sentenced for credit card fraud scheme WIVB.com - News 4
BUFFALO, NY (WIVB) A former University at Buffalo student could have been sent to jail for up to four years, but was sentenced on Tuesday five years ...
6-billion-peso credit package announced for small business owners Mexico News Daily
President López Obrador has announced a microfinance program of interest-free, one-year loans for small business owners.
Ent Credit Union plans new headquarters in north Colorado Springs Colorado Springs Gazette
Ent Credit Union announced Tuesday that it plans to start building a 300000-square-foot headquarters this summer near InterQuest Parkway and Interstate 25, ...
Funeral director says thieves stole credit cards and charged $100K KTUL
A well-known funeral director is sharing his personal story of how someone broke into his vehicle and stole his old credit cards. Jimmy Spurlock of Integrity ...
VERIFY: Navy Federal Credit Union providing funding to furloughed members during shutdown? - FirstCoastNews.com WTLV-WJXX
VERIFY: Navy Federal Credit Union providing funding to furloughed members during shutdown? FirstCoastNews.com WTLV-WJXX
There has been no shortage of rumors during the partial government shutdown... and now a new meme is making the rounds, promising financial help for ...
Aurora police seek suspect they say used stolen credit cards Chicago Daily Herald
Aurora Police are seeking the public's help in identifying a man they say used stolen credit cards.
You Need To Know This About Credit Unions Forbes
Dan Berger, president and CEO of the National Association of Federally-Insured Credit Unions, explains the advantages of a financial institution you may know ...
Aireon Signs $200 Million Credit Facility with Deutsche Bank Via Satellite
Aireon revealed that it signed a credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank. This credit ...
Man Wanted for Racking Up $3000 on CFD Volunteer's Credit Cards Kgab
The Laramie County Sheriff's Office is asking for the public's help in finding 43-year-old James Meldrum.. "He's wanted on a credit card fraud warrant," said Lt.
First Citizens' Federal Credit Union announces First Citizens' Charitable Foundation - Taunton Daily Gazette
First Citizens' Federal Credit Union announces First Citizens' Charitable Foundation Taunton Daily Gazette
FAIRHAVEN – First Citizens' Federal Credit Union's commitment to the communities in Southeastern Massachusetts and Cape Cod has spanned over eight ...
Roger Federer pays credit to Dan Evans after Australian Open victory: 'It feels like playing a mirror' - The Telegraph
Roger Federer pays credit to Dan Evans after Australian Open victory: 'It feels like playing a mirror' The Telegraph
Dan Evans received the ultimate compliment from Roger Federer – “It feels like playing a mirror a little bit” – after giving the great man a stern examination in ...
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for January 18, 2019 - Nasdaq
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for January 18, 2019 Nasdaq
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on January 18, 2019. A cash dividend payment of $0.108 per share is.
Police request public's help identifying credit card theft suspect WNDU-TV
THREE OAKS, Mich. (WNDU) – The Three Oaks Police Department is asking for the public's help identifying a woman they say stole credit cards from vehicles.
The Artificial Intelligence Gap Between Megabanks, Community Banks And Credit Unions Forbes
There is a growing gap in AI investment and utilization between large and small banks which will enable the larger ones to garner even more market share away ...
A professor explains why he doesn't offer extra credit to his students (opinion) Inside Higher Ed
I don't offer students extra credit. I say that in the syllabus and in my online course orientation. As a writing instructor, I typically have 700-plus essays to evaluate ...
Universal Credit couple living in car for 8 weeks in cold fear they could DIE as it could take TWO YEARS to - The Sun
Universal Credit couple living in car for 8 weeks in cold fear they could DIE as it could take TWO YEARS to The Sun
A DESPERATE couple who have been forced to live in their Mercedes say their situation is so dire that they could be dead before they get housed. Tina and ...
Movies filmed in Massachusetts that received big tax credits Boston.com
Anecdotally, it seems like some sort of film production pops up almost every week in Massachusetts. Statistically, it's likely even more frequent than that.
Consumer worries his 850 credit score will fall if the Sears credit card closes: Money Matters - cleveland.com
Consumer worries his 850 credit score will fall if the Sears credit card closes: Money Matters cleveland.com
Two-thirds of your credit score is made up of your payment history (do you have any late payments) and the amount of debt you have, particularly in relation to ...
Year of Free Credit Report Monitoring Is Ending. Here’s What to Do Now. The New York Times
The free *service* started after Equifax's huge breach in 2017. Consumer advocates suggest placing a security freeze — not a lock — on credit files.
Lots of plans to boost tax credits: which is best? Brookings Institution
Recent tax credit proposals to help low- and middle-income families, such as Senator Kamala Harris' LIFT the Middle Class Act, are being hotly debated.
Northwest Community Credit Union; 'We just want to help the people in our communities' KVAL
EUGENE, OR, - Northwest Community Credit Union is offering special plans and benefits for those affected by the partial government shutdown. The partial ...
Universal credit rollout delayed for existing claimants in NI until 2020 BBC News
Plans to move existing benefits claimants from the old system to universal credit have been postponed in NI for at least six months. Stormont officials have ...
Police need help identifying woman wanted for credit card theft ABC 57 News
THREE OAKS, Mich.—The Three Oaks Police Department is asking for the public's help in identifying a woman under investigation for credit card theft.
5 Credit Card Trends To Watch In 2019 Forbes
Some credit card experts say 2019 might usher in a more austere period for credit card rewards, especially if interest rates continue to rise and the economy ...
Credit Suisse sees Target as underappreciated Seeking Alpha
Credit Suisse asks where the love is for Target ([[TGT]] -1.1%) after the retailer posted strong holiday sales last week. "We come away constructive on wha.
Tomi Lahren wants people to give Trump credit' for eating fast food even though he’s rich - Yahoo Entertainment
Tomi Lahren wants people to give Trump credit' for eating fast food even though he’s rich Yahoo Entertainment
On Wednesday's Fox & Friends, contributor and conservative commentator Tomi Lahren made a case for why President Trump should get more praise for the ...
Credit card skimmer found at Birch Run gas station Detroit Free Press
Birch Run police are warning that they've discovered credit card skimmers on pumps 1 and 2 and the Birch Run 7-Eleven.
Chicopee police looking to identify man regarding credit card larceny WWLP.com
Chicopee police are looking to identify a man regarding a recent credit card larceny.
Government shutdown could hurt federal workers' credit scores CBS News
Federal workers are scrimping to avoid being dinged by lenders for missing payments and damaging their credit scores.
Bad loans decline through co-op deal a credit positive, Moody's says Cyprus Mail
Moody's rating agency said the decline of non-performing exposures (NPEs) by €5.6bn, or 33.6 per cent, stemming from the resolution of the co-operative bank ...
Ent Credit Union to build new headquarters, applications processed for Victory Ridge KOAA 5
COLORADO SPRINGS – Huge growth is happening in northern Colorado Springs. On Tuesday, Ent Credit Union announced a new location for its headquarters ...
BREAKING: New Credit Card Payment Policy for Disney World Resort... wdwnt.com
Beginning on February 27th, 2019, the Walt Disney World Resort hotels will implement a new payment card policy for guests who wish to put a payment card on ...
Settlement would allow credit card surcharges Newsday
Merchants in New York State will be cleared to add credit card surcharges to the price of goods after a long-running court case reached a tentative settlement ...
Brex, the credit card strictly for startups, raises $125M in funding Yahoo Finance
Twenty-three-year-old Brex founder, Henrique Deburgras, talks to Yahoo Finance's Zack Guzman about his Peter Thiel-backed credit card company.
5 reasons I signed up for a Delta credit card even though the SkyMiles program no longer publishes an award chart - Business Insider
5 reasons I signed up for a Delta credit card even though the SkyMiles program no longer publishes an award chart Business Insider
Consider opening the Gold Delta SkyMiles Credit Card from American Express if you can score a huge sign-up bonus like I did.
Can You Pay Your Taxes on a Credit Card? The Motley Fool
Paying your taxes with a credit card is possible, but it requires some extra steps, several fees and shouldn't be done just to reap credit card rewards. Using a ...
Boulder police searching for suspects in credit card theft tied to possible assault - Boulder Daily Camera
Boulder police searching for suspects in credit card theft tied to possible assault Boulder Daily Camera
Boulder police are searching for two suspects in the theft of credit cards from a woman who may have been the victim of an assault.
Rutland police credit falling crime rate with improved drug treatment WCAX
The City of Rutland has made national headlines over the years for its problems with drug addiction, which often goes hand-in-hand with crime. But a new report ...
Fitch warns an extended shutdown could hurt the U.S. credit rating The Washington Post
As the partial U.S. government shutdown dragged into its 19th day, Fitch Ratings warned Wednesday that an extended shutdown might damage the country's ...
Answering these three questions will boost your credit Yahoo Finance
To get your credit in shape, you have to be able to answer these three simple credit questions.
US troops in Syria killed in explosion; Islamic State claims credit The Columbus Dispatch
BEIRUT (AP) — A number of U.S. troops were killed in an explosion while conducting a routine patrol in Syria on Wednesday, the U.S. military said, an attack ...
Mason City woman sentenced for stealing mom's credit card KIMT 3
MASON CITY, Iowa – Charging thousands on her mother's credit card results in probation for a North Iowa woman. Marissa Castine Nichols, 32 of Mason City, ...
The 5 Cheapest Ways To Pay Off Credit Card Debt Fast Forbes
Of course, the faster you pay off credit card debt with as little cost as possible the better. But which method is the fastest? Which is the cheapest, and can you get ...
Southwest Airlines new credit card sign-up bonus raises the bar on perks Bankrate.com
Southwest Airlines announced an eye-popping new sign-up bonus for three of their co-branded Chase credit cards that includes 30000 Southwest points and ...
Consumer credit has second straight big jump in November MarketWatch
Consumer credit grew $22.1 billion in November, marking the second straight month of strong credit growth, the Federal Reserve said Tuesday.
Quick Tip: Erasing credit card debt WLS-TV
Nearly 2/3 of Americans may never know if or when they will be debt-free, according to a new study from creditcards.com. There are a few things to tackle debt.
A Charleston artist's work went viral, but she's not getting the credit Charleston Post Courier
Cathy Aycock says she has had both the best and worst week of her life.
Check these five things before applying for your first credit card Mic
Paying with plastic might be a popular—and seemingly easy—option for many, but there's a lot to consider before you start spending your hard-earned money ...
Youngstown police look for suspected credit card thief in Cleveland WJW FOX 8 News Cleveland
YOUNGSTOWN, Ohio-- A man who stole several credit cards could be in Cleveland, the Youngstown Police Department says. The suspect entered a downtown ...
You Should Freeze Your Child’s Credit. It’s Not Hard. Here’s How. The New York Times
A new law requiring credit bureaus to offer you free freezes applies to children, too. It's easier than you'd expect, but you may still have questions. Here are some ...
Vote for 321preps.com Community Credit Union Athlete of the Week, Dec. 17-Jan. 12 Florida Today
It's time to vote for the Community Credit Union FLORIDA TODAY Athlete of the Week for Dec. 17-Jan. 12. Vote at 321preps.com or floridatoday.com. You will ...
Big Brother Knows Whats in Your Credit Report - How About You?
Whether you are aware of it or not, credit bureaus have been keeping tabs on you and how you use credit. When it's time for you to apply for a mortgage, credit card, or personal loan, your credit report is what lenders look at to decide to approve you or not.
Having credit education is like knowing how to read. It will be necessary throughout your life.
Making Sense of the Information in Your Credit Report
If you've ever applied for a credit card or loan, you've probably had your credit report reviewed by the lender. Your credit report has a huge impact on your financial future, so it's well worth your time to be sure that you understand what your credit report says about you.
5 Ways To Prevent Credit Card Late Fees
Paying a credit card late fee is the same as throwing your money away. Late credit card payments can also hurt your credit score.
Balance Transfers Can Help You Stop Putting Money Down The Drain!
As you probably know, interest rates are at all time low right now and if you aren't getting the best deal from your credit card company then they owe it to you to either lower your rate, or you owe it to yourself to find a better deal. You see, credit card companies need your business in order to succeed and if you refuse to pay a penny more than you have to then you'll be doing yourself and others a big favour indeed.
Credit Report Secrets: Do You Know What They Reveal?
If you've ever applied for a credit card or loan, you've probably had your credit report reviewed by the lender. Your credit report has a huge impact on your financial future, so it's well worth your time to be sure that you understand what your credit report says about you.
Credit Card Entrapment - The Secrets are Out
Have you ever wondered why your credit card bill is so high and you can't seem to pay off the balance? Well you are not alone in this. You should be aware of a couple of trick that they use and you probably don't even pay attention to it, but you definitely pay for it and BIG!The next time you open up your credit card statement, take a real close look to all the "junk" inside particularly the very hard to read insert Call "changes to you credit card agreement".
Guide to Credit Terms
Listed below is a useful guide to credit card terms. It is a list of definitions of credit card terms that may or may not be familiar to you.
Applying for Credit Cards Online
In the olden days, about 10 years ago, before the internet, consumers would have to fill in applications for credit cards, loans, mortgages and so on by hand. It's hard to believe now, but this lengthy process was the norm, with requests for extra documentation and references going backwards and forwards, until finally the application was accepted or rejected.
Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?
Identity theft is the fastest growing crime according to the Federal Trade Commission (FTC). It occurs when someone takes a piece of your personal information and uses it without your knowledge to commit fraud or theft.
Learn How to Improve Your Credit Score
Having a damaging credit record can hurt you in many ways. It may prohibit you from making an important purchase such as a home, car, computer or vacation.
It Is In Your Best Interest To Do The Math On Your Credit Card Interest
If you begin foaming at the mouth once a month when you receive your credit card statement, join the millions of Americans that are foaming along with you. There is a growing outrage at the seemingly endless journey towards eliminating the balance on your credit card and that is due primarily to the extravagant interest rates charged by credit card companies.
Winning The Credit Game!
Everywhere we go, the word credit can be found, shining huge dollar signs in front of our very eyes. Everyday we receive solicitation and promotions offering us credit.
Credit Cards: How To Use Them
Credit cards can be a very quick way of getting into even more debt if you do not know how to use them properly. UK debt is now at an all time high and, excluding mortgages, Credit Cards are one of the main contributors.
Bad Credit Credit Cards
Chances are you've gotten your share of offers like this in the mail Bad Credit Credit Card, Bad Credit Visa Cards and Credit Cards for People With Bad Credit. Re-establish your credit with a bad credit credit card, credit cards for people with bad credit or pre-approved Visa cards regardless of your bad credit history, some with low introductory rates and other perks.
Taking Control of Your Credit History
Your credit history is important; in fact, in this day and age, only family and your time are more important than your credit history! The first time you established a payment commitment over a period of time for a purchase, you began your history of credit, and the credit bureau created your account. Payments such as the electric company, a rental agreement, a cell phone, a car payment or a low-rate credit card which you also have a responsibility to repay are not reported to the credit bureaus as a part of your credit history.
What To Look For In A Credit Card
When you are deciding what type of credit card to get it is important to compare credit cards to each other and find the best deal for you. There are a variety of different credit cards available, from low interest cards, cash back cards and even reward credit cards, it's hard to decide what exactly the best credit cards are.
Credit Problems? Heres How to Manage Your Creditors
If you find that creditors are calling you almost daily or that one of more of your bills has been turned over to a collection agency, you should know how to manage your debts.First, prioritize then or rank them in terms of the ones that can give you the most trouble the soonest.
Understanding Your Rights Under The Equal Credit Opportunity Act
It wasn't all that long ago that lenders blatantly discriminated when it came to approving credit for women and minority groups. Women were actually asked personal and demeaning questions like, how many children do you plan to have in the future or are you on birth control?Despite the fact that they were entering the workforce in record numbers, single women were often required to get a cosigner or denied credit altogether.
Credit Reports Inside and Out
The Credit Report is like your scorecard in the lending world. Every time you prepare yourself to acquire or purchase something that requires financial assistance from a lending institution, your credit report will be your "presentation card".
|home | site map|