Inactive cards can still affect consumer credit scores Contrary to what consumers may believe, not activating a new credit card can still affect their credit score.The reason for this is that credit card issuers and other financial institutions have, by giving a consumer a new card, increased their overall credit availability, and in doing so changed how their credit score is calculated, according to an article on the news site Huliq. The...more
Disputes with Lenders Can Damage Credit Score Disputes with credit card companies over charges are occasionally unavoidable, but not paying a bill is hardly the best way to deal with it.Not paying the entire credit card bill over one or two disputed charges will ultimately accomplish nothing but severe damage to a credit score, according to a Bankrate.com article. While there are legal protections in place for the consumer that wants to...more
It's a big dilemma for the modern credit card user: what should you do if a transaction appears twice on a statement, apparently debiting the account twice? It's also a more common dilemma than you might think. For example, as if New Year's Eve wasn't expensive enough, one credit card company mistakenly charged thousands of cardholders twice for purchases made in bars, restaurants and shops on December 31st.The glitch affected around 200,000 UK debit and credit card users who visited retailers using payment processing terminals provided by the company.Later, the company admitted to the problem and issued a statement stating that retailers experienced a system error when using some wireless terminals to process payments. The fault affects cardholders from a number of banks as the terminals accept all forms of card.One person who found himself a victim looked at subsequent statements showed that an amount had been taken on both the 3rd and 4th of January. The restaurant where it happened is trying to contact other customers who may have also been double-charged.While apologizing for the inconvenience caused to cardholders they sought to reassure people that the technical error only...more
You've been watching them and it's quite disturbing. Every business keeps an eye on its competitors - that's what business is about. So why does the competition seem to enjoy what seems like unlimited cash flow for their sales and growth and expansion.We think we know the reason why, and its called asset based lending. This type of business...more
Getting Free Credit Card Debt Relief Credit cards are the easiest things to set up but can give the most headaches if they are not monitored in terms of payment. It is easy to believe that you will be able to keep up the payments and then suddenly you find that the bills start mounting up and you cant keep afloat of things as you originally...more
If you are planning to apply for a credit card soon, it truly is crucial that you educate yourself on some of the basics before selecting which card is most suitable for your needs. It may be beneficial to have a card exclusively for urgent matters. However, you ought to be sure you opt for a card that gives excellent incentives and at the same time does not hit you up for a huge amount of cash.Submitting an application on the web is without a doubt the most practical path to take nowadays. Returning application forms you received through the mail is quickly becoming a thing of the past. Should you apply in this way, it could very well be a couple of weeks before getting an answer. Using the Web, you are able to seek acceptance for just about any credit card and receive the verdict within one minute in some cases. The World Wide Web also gives you many more options when compared with snail mail.Your credit ranking will definitely be a determining factor in the type of card you can be authorization for. There's a significant number of options out there regardless of your current fico score, however they aren't necessarily the most beneficial alternatives. People with unfavorable...more
Student Loans For Bad Credit-For the students of US Are you a student? Do you need funds for your higher education? If your answer is in affirmative, you should go for Student Loans For Bad Credit. These loans provide you ample amount of money...more
Processing Your Credit Cards for Free Would you like to upgrade your company's operations by taking advantage of free credit card processing for business owners? There has never been a better time to locate banks offering this service and make...more
Debt Settlement - How to Convert Your Credit card Debt Into Half Debt problem invaded the world economies during the recent years with all scampering for cover. Even stable businesses started showing cracks. The loans that everyone took soon...more
Bad debt loans: Easy fiscal relief for bad creditors Skip financial hurdles smoothly from your life without worrying about having bad credit status. This can be possible by simply applying for bad debt loans. These loans are mainly configured...more
Low Interest Credit Cards- Are They For Real? Copyright (c) 2010 Liz RobertsLow interest rate credit cards abound in the market and there is no doubt that everyone is interested on what these cards are about. A zero interest or a low interest...more
Does Debt Consolidation Affect My Credit? Any Way To Solve It? Many consumers these days are looking for ways to reduce their debt and live a stress free life.There are many debt management firms offering assistance for a reasonable fee. Some...more