List/Grid Tag Archives: Credit Cards

Credit Card For Bad Credit

If there has been any lesson that has been almost universally learned in the past few years it is that very few people are immune to financial problems. Even people who had always had stellar credit in the past have seen their credit scores plummet due to unforeseen circumstances such as job losses or the loss of value on homes, stocks and retirement accounts a few years ago or even now. Even so, life goes on and emergencies and life essentials come up. Do you have no credit or poor credit? Wouldn’t it be nice to have a credit card on hand ...
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Should You Use Department Store Credit Cards?

Do you apply for, and use, department store credit cards? Do you think there are any advantages or disadvantages to using them? Some of the disadvantages really only apply to people who are unable to pay their amount owing in full each month. Why? Because most often department store credit cards charge very high interest rates and if you simply make the minimum payments each month your purchase will quickly cost you double what you actually paid for it. Department store credit cards are great for someone that needs to improve their credit score. ...
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5 Ways to Manage Your Credit

Reputation is very important — whether in your personal life, at work, or where your finances are concerned. Your credit score is your “financial reputation”. The better your credit score, the more likely you are to get low-interest rates, loan packages, and higher credit card limits. More importantly, a lot of employers now look at an applicant’s credit score for evaluation. In fact, the importance of the credit score has crept into dating; why date someone with very poor credit score and get yourself into potential financial ...
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Four Potential Credit Card Scams

When you’re working to perfect your credit, beware of potential scams that can hurt you along the way. With new technology that is always getting better and smarter you need to be careful of the offers that you take advantage of or they may take advantage of you. Do you need to pay for lower interest rates? NO! You do not have to pay for a lower interest rate on your cards. You can negotiate that yourself without a fee so if you get an offer for a lower rate and all you have to do is pay this upfront fee, be wary. Be especially careful if ...
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Credit Cards vs. Debit Cards

In 2009, the use of debit cards exceeded the use of credit cards for the first time in history. More and more people are realizing that spending money that you already have is often a better option than spending money that you haven’t earned yet and paying it later as you go. However, it is unfortunate but debit cards are not as safe as credit cards. With a credit card if a thief takes you card you can notify the bank and most often you will not be responsible for the theft. However, if you use a debit card you do not have that same safeguard. ...
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Different Types Of Cards

We all seem to have some plastic in our wallets, but all plastic is not the same. A Debit card is completely different from a credit card. When you swipe a debit card it actually works more like a check, with the difference being that you don’t have to whip out your pen and write it. You can even pretend it’s a credit card because at the checkout it works about the same, but you are not charging your purchase but rather having it deducted from your account. A Charge Card is like a credit card but you have to pay the balance off every month. ...
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The Cost Of Credit Cards

Even though some choose to rush into getting a credit card, they normally do so without being aware of the costs. Lots of credit cards available include hidden costs and charges, and you ought to always be aware of this before you decide to apply. Generally, these fees and charges won’t get noticed by the user until it’s too late. Charge card holders who aren’t conscious of any hidden costs could easily wind up paying possibly thousands of dollars at the conclusion from the year – and not even realize it. If you have a reward credit ...
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Building Credit with a Credit Card

I found a great infographic the other day that I wanted to share (no, I am not affiliated with the creator of this infographic in any way). Many people each and every single day try to build up their credit score by using credit cards responsibly. What are you waiting for? If you want to build up your credit score but you know that credit cards are not for you, there are other options out there. I will be covering this more soon. Other ways to build your credit include paying normal bills such as rent, utility bills, a mortgage, car loan, and more. ...
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