Credit Card Advice | CreditCardAdvice.com

Airline Miles Credit Card

admin — Sun, 07 Mar 2010 23:18:51 +0000

For anyone who travels a lot, airline miles credit cards are a great way to collect air miles. And if you travel frequently at all, you know how quickly airline miles add up. The only problem you may have once you have accumulated enough miles, is how to use them. Here is some advice about them. Airline miles credit cards earn points or frequent flyer miles for every trip you take. It doesn’t matter if you’re going from one city to another within your state or around the world - as long as you use your airline credit card to...

Cash Back Rewards

admin — Mon, 22 Feb 2010 19:21:48 +0000

These days not many people are applying for credit cards. But if you are fortunate enough to be able to qualify, the type of credit card you choose is important. We don’t mean MasterCard or Visa, but the type of rewards program that the credit card company offers. When applying for a credit card, many people ask, “What can you do for me?” Creditors want your business so they will entice you to come to them, with offers and lower interest rates to appeal to your financial side. One perk that is attracting customers is the cash back rewards program. Here...

What is a Cash Back Credit Card?

admin — Thu, 31 Dec 2009 16:18:20 +0000

It seems that every day we hear about the evils of credit cards. We hear horror stories about consumers who rack up mountains of debt, and can't put a dent in it because of high interest rates. We hear about people having to pay outrageous fees for making late payments. And we hear about card issuers changing terms and interest rates in ways that are unfavorable to cardholders. It's enough to make you wonder if there's anything good about credit cards. But credit cards do have some redeeming qualities that we should consider. They make it easy to dispute a charge...

Retail Credit Cards

admin — Mon, 30 Nov 2009 13:30:48 +0000

Credit cards can be helpful in many ways. They allow us to buy now and pay later, making it possible to buy things we couldn't otherwise afford. They eliminate the need to carry large amounts of cash, and if they're stolen the holder is responsible for little or none of the amount of unauthorized charges. And they make it easy to make purchases online or over the phone. But credit cards can also get us in trouble. If we don't pay the balance in full each month, we must pay interest charges until it's all paid. It's also too easy to...

Holiday Credit Card Offers

admin — Fri, 30 Oct 2009 16:21:41 +0000

If you think you have been bombarded with credit card offers throughout year, wait until the holiday season rolls around. Holidays bring more credit card offers than at any other time of the year. However, it doesn’t mean that it’s to your benefit. When you receive a credit card application in the mail, it may seem tempting. An offer of 0% APR for six months, combined with several blank checks which you can use for purchases or consolidation of other debts may be irresistible, but your best course of action would be to shred the entire document. If you...

Balance Transfers Pros and Cons

admin — Tue, 29 Sep 2009 14:49:53 +0000

If you've ever had credit in your name, there's a good chance that you get credit card offers in the mail regularly. Some charge interest rates so ridiculous that it's amazing they're still in business. Others offer deals that seem too good to be true, such as 0% balance transfers. Zero interest deals do exist, though. In fact, they're pretty common. Credit card companies offer such deals because they provide an incentive for those who already have credit card debt to get one of their cards. But should you take the bait? Here are some points to consider when making that...

Compare Credit Versus Debit Cards

admin — Mon, 28 Sep 2009 17:41:01 +0000

If you’re holding plastic in your purse or wallet, you may think all plastic is alike. Although there are similarities between debit cards and credit cards, there are also some major differences. When considering which to use, debit card versus credit cards, you may want to think about a few things. Credit cards are financial tools which allow you access to revolving credit through a lending institution. This money must be paid back, often with interest. Debit cards are financial tools which allow you direct access to money you have deposited into your own bank account. You are limited by the funds...

Reduce Your Credit Card Debt

admin — Thu, 27 Aug 2009 16:11:03 +0000

According to the American Banker’s Association, the average American family carries $8,000 in credit card debt. While a lot of companies claim they can magically make this debt disappear, there’s no substitute for formulating a realistic plan to get it paid off. High interest rates and late fees can complicate matters, so it’s important to make a plan and commit to it. There is no quick fix – paying down any debt takes time – but there are several viable options and techniques that can help. * Prioritize Make the payment of your credit card debt a...

Dealing with a Debt Collection Agency

admin — Mon, 20 Jul 2009 17:12:37 +0000

When debt collectors start calling, we might consider throwing the phone out the window. But that’s not the best way to deal with collection efforts. If you ignore them, they will keep calling for months or even years on end. And no one wants to live in fear every time the phone rings. Debt collectors are rarely as unreasonable as we imagine them to be. They want to collect the money they’re owed, but they realize that they are more likely to succeed if they work with us. And the law prohibits them from threatening or harassing us. Here are five...

Review Your Credit Card Statement

admin — Wed, 24 Jun 2009 13:49:44 +0000

Paying bills is something that no one looks forward to doing. It’s one of those things we just want to get out of the way. So we often look at how much is owed, write a check or pay online, and forget about it. But when it comes to credit card bills, that’s not such a good strategy. Credit card statements detail each and every charge we’ve made since the last statement. That doesn’t make for a very exciting read, but it is an important one. If you don’t carefully go over the charges on your bill, you could end up...