Category Archives: credit cards
Top 5 risks we take with credit cards
Here are a few other dangerous things you might be tempted to do with a credit card: 1. Give it to your kid The inherent danger involved with giving your offspring a credit card is nothing new to parents. But the Credit CARD Act has created some new situations to think about. The law prohibits … Continue reading
Credit card instant approval
How Can I get an instant approval for my credit card? This is a frequently asking question.well, when you apply for a credit card online, the card issuers will pull your credit report. If you have a very good credit score, and no other negative feedbacks that the issuer can find, then your credit card … Continue reading
Accept credit card for your business online FREE!!!
Intuit Online Terminal is a web-based service that gives you the freedom to accept credit and debit cards wherever and whenever you have an Internet connection. This free credit card gateway offeres *Process credits online, via a terminal or even with your iPhone! *Fast settlement – get your cash in as little as two days. … Continue reading
What is Equal Credit Opportunity Act?
When creditors evaluate a credit application, they cannot engage in discriminatory practices.The Equal Credit Opportunity Act (ECOA) prohibits credit discrimination on the basis of sex, race, marital status, religion, national origin, age, or receipt of public assistance. Creditors may ask for this information (except religion) in certain situations, but they may not use it to … Continue reading
New rules for Credit card rates, fees, and limits
The Federal Reserve’s new rules for credit card companies mean new credit card protections for you. Here are some key changes you should expect from your credit card company beginning on February 22, 2010 No interest rate increases for the first year. Your credit card company cannot increase your rate for the first 12 months … Continue reading
What your credit card company has to tell you?
The Federal Reserve’s new rules for credit card companies mean new credit card protections for you. Here are some key changes you should expect from your credit card company beginning on February 22, 2010 When they plan to increase your rate or other fees. Your credit card company must send you a notice 45 days … Continue reading
How to choose credit card?
When you are shopping for a credit card, it’s wise to compare fees, charges, interest rates, and benefits. Some credit cards that look like a great deal at first glance may lose their appeal once you read the terms and conditions of use and calculate how the fees could affect your available credit and your … Continue reading
Secured and Unsecured Cards – What is the difference?
Secured and unsecured cards can be used to pay for goods and services. However, a secured card requires you to open and maintain a savings account as security for your line of credit; an unsecured card does not. The required savings deposit for a secured card may range from a few hundred to several thousand … Continue reading
How to avoid credit card scams?
To avoid being victimized in credit card scams, look for the following signs: Offers of easy credit No one can guarantee to get you credit. Before deciding whether to give you a credit card, legitimate credit providers examine your credit report. A call to a ‘900’ number for a credit card You pay for calls … Continue reading
low interest credit cards – comparison chart
Here is a low interest credit card comparison chart from http://www.e-wisdom.com/. The links will guide you to their website for more details on individual cards. I-APR = Intro Purchase APR | I-BTR = Intro Balance Transfer APR | R-APR= Regular APR AF = Annual Fee | varies = APR Varies | n/a = Not Applicable … Continue reading
student credit card tips
A student credit card is playing a big role in a student life. Here are some tips on how you can effectively use the credit cards for students. Consider the credit score If you maintain a large balance and only making minimum payment, you will be categorized as credit risk by FICO ( the agency … Continue reading