Banks in the United States have certainly had a rough year, amid a slew of high-profile failures, scrutiny from regulators and those angry torch-bearing borrowers congregating outside CEO castles. But some experts predict that domestic lenders could take even more heat, based on what has been already happening to credit card issuers overseas. In the United [...]
October 16, 2009
A new poll by a New York fraud prevention company reminded me of a cell phone call I got from my credit card company once. No. It wasn’t a debt collection call. An automated voice said they were calling to alert me to some unusual activity on my Visa card. As it turns out the [...]
October 16, 2009
The results are in, and according to numerous studies, we’re pissed about our credit cards. We’ve had our credit limits slashed, our rewards cut back, our interest rates hiked and our coffers raided by fees, fees and more fees. Some vindication came in the form of the Credit CARD Act, but for the most part, [...]
October 16, 2009
Our consumer life becoming more harder then we can imagine. Who do not want a hassle free life. Unfortunately we can not totally skip these! Identity theft is one of these threat for those who are not careful. Yes, i believe, if you are careful and careful to check your credit report regularly, at least [...]
October 16, 2009
Credit card only makes sense if you optimize it properly, use it smartly. Low interest credit card also only makes sense if you will manage your debts properly. Yes, in my previous posts of this “Low Interest Credit Card” series, I said, if you want to carry balance occasionally and serious about to manage your [...]
October 16, 2009
Couple of days ago i posted an article about how you can get your free estimated credit score. If you satisfy with this then you can follow Top 8 Credit Score Estimator: Get Your Free Credit Score. Why people think to get FICO score for free? Silly question…, right? But why you pay for your own information [...]
October 16, 2009
Did you know that merchants pay a fee to process credit card purchases when you shop in their stores? These are called interchange fees. They are represented by a percentage of all of the sales that are charged onto credit cards which is only several points. But it adds up [...]
September 30, 2009
A lot of the time, when people are charged for going overdrawn or over their credit limit, there’s a large sum to be paid. This sum can sometimes be more than the amount you went over and for this reason they’re frustrating and unfair in most people’s opinion. However, there’s a chance that you can [...]
August 15, 2009
How long is the grace period? The grace period is the number of days you have to pay your bill in full without triggering a finance charge. For example, the credit card company may say that you have “25 days from the statement date, provided you paid your previous balance in full by the due date.” [...]
October 16, 2009