This is one of the most horrifying experiences of my life and would probably have pushed me into dire straits if my friend had not bailed me out of the tough situation. The root cause of the whole fiasco was my credit card company. I had one credit card in my name which was used …
The Credit Card Company Increased My Interest Rate Four Times without Telling Me Read More »
I received this brilliant little package in my mail recently carrying a credit card offer that had an unbelievably low monthly rental and interest rates and a very attractive credit cap. I decided to immediately go for this once in a life time deal, or so I thought. However, little did I know, there was …
Credit scores range from 300-850. The higher your score is the better. By learning your credit score, you can put yourself in the position to intelligently negotiate interest rates and terms with lenders. The credit score chart below is a guideline for how lenders view your score. Be aware that these charts are dynamic, so …
A Good Credit Score Helps You Get the Best Interest Rates Read More »
Most card providers offer some type of credit card rewards to their customers. These offers are designed to be both exciting and beneficial for the consumer, offering perks and bonuses for simply using the card. The credit card rewards is a strategy used by credit card companies for attracting and keeping you as their customer. …
Credit Card Rewards Help Balance Finance Charges Read More »
When you consider a credit card balance transfer from several accounts to one new account for a special offer compare the offer carefully. These 0% and low transfer rate offers are frequently changed by the lenders. Before applying for one of the cards go to the lender’s website to be certain the offer is still …
Use Credit Card Balance Transfer to Save Finance Charges Read More »
Consumer complaints about late fees have grown in recent years as the fees charged by banks have risen high and higher. In the new credit regulations that were activated in 2010, those complaints resulted in laws that limit how late fees and over limit fees can be applied by credit issuing institutions. Prior to the …
Consumer complaints about late payment fees have grown in recent years as the fees charged by banks have risen high and higher. In the new credit regulations that were activated in 2010, those complaints resulted in laws that limit how late fees and over limit fees can be applied by credit issuing institutions. Prior to …
Common Credit Card Late Payment Fees To Watch Out For Read More »
Banks commonly issue debit cards with an associated checking or savings account. Debit cards allow customers to withdraw and deposit funds into the associated account using an automatic teller machine. Many banks now issue debit cards with a Visa or MasterCard logo. This type of debit card functions in a similar manner to a prepaid …
Common Credit Card Fees Your Bank Will Never Reveal To You Read More »
Learning how to calculate your interest is crucial if you want to stay out of financial trouble. When you look closely at your monthly credit card statement you may be shocked at the amount of finance charges listed. You see, many consumers see that fee as the price of using credit and never fully understand …
Although the economy drives interest rates for banks, the average interest rate is strangely detached from economic reality. There is no other explanation for the current rates in an economy with the lowest interest seen in many years. Credit lenders claim to base their rates on many factors but have been unwilling to reveal what …
The Average Credit Card Interest Rate is Not Easy to Explain Read More »
