Consumer credit counseling is a big service field in the United States. It is a common problem for many persons in the United States to face a potential credit card debt. To show these persons the right way to act these credit card counseling services are in the scenario.Every year, more than one million persons in the United States visit credit counselors or credit counseling agencies. They want help to get rid of their credit card debts and...more
Not too many people know this, but there are over 900 different Chase credit cards for consumers to choose from! Yes, the number you read is correct. With most of these cards being "affinity" cards, meaning having direct tie-ins with a store, or with an auto manufacturer, you name it the choices for consumers are bountiful. A little overwhelming too, don't you think? To cut to the chase, pun intended, there are three Chase credit cards that stand...more
Holding one or more credit cards accounts can be a very convenient way of handling your finances in today's society, and while there are definite advantages to having the extra credit facility, it is important to exercise a level of control in the way you use these accounts. A good rule of thumb to keep in mind when using a credit card account is to never owe more on your card than you can easily pay off within three months. Now that level of commitment can change month to month so it's worth while to fluctuate your own maximum use of the card even if the issuer has given you a higher threshold. 'Maxing up' your credit card is never recommended for the simple reason that once you are unable to use the card for the reasons it was intended, then making the payments on it will hurt you that much more.Impulse spending, simply because you have space on your credit cards can lead you into a very dangerous financial mess, and you therefore need to avoid the self indulgence, and stop buying things you didn't know you wanted until you saw them on display in a store. You really should have a good idea of how much you have used the card during each month even before your credit card bill...more
Cheap credit cards come in many varieties. In addition, there are many factors a consumer needs to take into consideration when determining whether or not a credit card is truly cheap.The first factor most people consider when looking for cheap credit cards is its APR. The APR, or annual percentage rate, determines the amount of finance charges...more
There really are an amazing variety of credit cards available to today's consumers; the number of options is simply staggering. Virtually every company around these days has some form of affiliated credit card option available to its customers. While most of these cards are affiliated to one of the major credit card brands, such as Visa,...more
If you expect to always pay your monthly bill in full--and other features such as frequent flyer miles don't interest you--your best choice may be a card that has no annual fee and offers a longer grace period.If you sometimes carry over a balance from month to month, you may be more interested in a card that carries a lower interest rate (stated as an annual percentage rate, or APR).If you expect to use your card to get cash advances, you'll want to look for a card that carries a lower APR and lower fees on cash advances. Some cards charge a higher APR for cash advances than for purchases.What are the APRs?The annual percentage rate--APR--is the way of stating the interest rate you will pay if you carry over a balance, take out a cash advance, or transfer a balance from another card. The APR states the interest rate as a yearly rate.Multiple APRsA single credit card may have several APRs:One APR for purchases, another for cash advances, and yet another for balance transfers. The APRs for cash advances and balance transfers often are higher than the APR for purchases (for example, 14% for purchases, 18% for cash advances, and 19% for balance transfers).Tiered APRs. Different rates...more
In the age of plastic money, everyone is trying to cash in on the best credits provided by banks which makes credit cards a buzzword today. But the interest rates on these credit cards make people wary of using them. It is therefore, very important...more
With all the introductory 0 APR credit cards popping up all over the internet in emails, on websites as advertisements and even in the regular mail through flyers, it is very hard to decide which credit card company is really offering the better deal...more
When we have debt that is out of hand and credit card debt in particular, it can seem as if there is no light to be seen at the end the tunnel. The path to debt relief that will eventually lead to repairing our credit score always seems as if it is...more
Of all the different pieces of financial jargon that get banded about in relation to credit card users one can be forgiven for feeling a little bit lost or confused but there is one term you need to fully understand as it will be of great benefit...more
So what if you know how to get credit report for free from a credit bureau? Well, you could use this to your own advantage. For one, you can check if there is wrong information in your report that can be affecting your credit score. You probably know...more
Today, more people than ever before are struggling financially and are facing ever increasing personal debt. Many of those same people own their homes and would like to consolidate their debt by freeing up the equity that is in their homes. The...more