Credit Cards
3 Reasons to Get a New Credit Card
As a consumer, if you are used to shopping for groceries from a certain store, you may be unwilling to go to another for the same purpose. The reason for this can be summed up in one word – a habit. Once we are accustomed to something, we often don’t want to try anything new.…
See Full Article Here ->Credit Card Hardship Program? Here’s if You Should Do It
If you are going through a temporary financial rough patch, say you’ve lost your job or had a serious accident, it can get difficult to meet your debt obligations. In such a situation, it may be worthwhile for you to talk to your credit card issuer and find out whether they offer any hardship programs.…
See Full Article Here ->What To Do After A Late Credit Card Payment
Late fees are one of the reasons why we all worry about missing our credit card payment. In this quick read, we’ll tell you exactly what you can expect to lose if you don’t make your payments on time. We’ll also tell you how to avoid such a situation, or at the very least, how…
See Full Article Here ->8 Bad Credit Card Habits To Avoid At All Costs
Many of our clients tell us that they have trouble managing their credit cards. While some complain that they invariably rack up huge amounts of debt, there are others who say that credit cards are too expensive and require the consumer to cough up various kinds of fees. However, the truth is that credit cards…
See Full Article Here ->Best Way To Budget For Minimum Credit Card Payments
You must be familiar with the term minimum payment – it’s the amount of money you need to pay to your credit card issuer each month if you don’t want to be hit with a late fee or penalty interest rate. More often than not, the minimum amount due is a fraction of the…
See Full Article Here ->Why Your Lender’s Credit Score May Differ From Yours
A credit score is a number that reflects a consumer’s creditworthiness and is used by creditors to understand how likely it is that the borrower will default on his loan obligation. Before you apply for a credit card, personal loan, mortgage or auto loan, it is advisable that you check your credit score. When…
See Full Article Here ->Should You Opt for Overdraft Protection?
What happens when you write a check or swipe your debit card for an amount that is over and above what you have in your checking account? Well, in most cases, you become liable to pay overdraft or insufficient funds fees. These days, many banks inquire whether you would like to opt-in or opt-out of…
See Full Article Here ->6 Reasons Why Your Credit Card’s Interest Increased
There was a time when credit card issuers could increase interest rates for the consumer whenever they wanted, causing much distress to the cardholder. Fortunately, with the introduction of the Credit Card Act of 2009, such unfair practices were put to a stop. Having said that, there are certain circumstances under which your issuer could,…
See Full Article Here ->Review: 3 Top Credit Cards with the Best Sign-up Bonuses
Have you ever chosen one credit card over another just because it had a better sign-up bonus? Rewards are one of the main selling points of credit cards – that’s why you may be attracted to those that offer awesome benefits right from the word go. But it’s not just the sign-up bonus that’s important.…
See Full Article Here ->How a Charge-Off Affects Your Credit (And How To Remove One)
You may have seen the word “charge-off” on your credit report, or perhaps you’ve received a letter that your credit application was denied because of a certain “charge-off”. The word “charge-off” can make it sound as if you’ve been let off with respect to some sort of debt; however, that is not really the case.…
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