Articles Tagged ‘credit card advice’
What To Do When Your Fiancée Has Bad Credit
Wednesday, October 10th, 2012
When two people get married they each bring different things into the new relationship. Usually there’s a mix of good things and bad things that each person carries with them, and sometimes these things can be of a financial nature.
But despite the commitment and the romance, your impending marriage doesn’t happen in a financial vacuum. Your future spouse’s financial status, including their credit rating, can significantly impact your joint finances going forward. Provided that you have an understanding of what some of the consequences can be, and plan accordingly, your hard-earned financial health won’t unduly suffer.
Here is some credit...
Why Was Your Credit Card Application Denied?
Even if you’re in a good overall financial position, it’s still possible that you can get rejected when you apply for a new credit card. The approval process itself is something of a mystery, since the credit card companies don’t specify exactly what it takes to get approved, and why certain applications get rejected.
Because having a credit card is an important part of building a positive financial profile – as well as being a significant convenience in modern life – it’s important to be aware of the possible reasons your recent credit card application was rejected.
Here’s some credit...
Monday, October 8th, 2012
Even if you’re in a good overall financial position, it’s still possible that you can get rejected when you apply for a new credit card. The approval process itself is something of a mystery, since the credit card companies don’t specify exactly what it takes to get approved, and why certain applications get rejected.
Because having a credit card is an important part of building a positive financial profile – as well as being a significant convenience in modern life – it’s important to be aware of the possible reasons your recent credit card application was rejected.
Here’s some credit... Should You Get A Loan To Pay Off Credit Card Debt?
For individuals who are struggling under the burden of too much debt, it’s the consumer-type debt – rather than home mortgage debt – that’s quite often the culprit. More specifically, these individuals are probably saddled with a level of credit card debt that they are finding difficult to completely pay off. Even when you’re able to change your spending habits for the better, you’ll still need to pay down the credit card debt you’ve already incurred.
One technique that you might consider is to take out a new loan to pay off your credit card debt.
Here is some credit...
Monday, October 1st, 2012
For individuals who are struggling under the burden of too much debt, it’s the consumer-type debt – rather than home mortgage debt – that’s quite often the culprit. More specifically, these individuals are probably saddled with a level of credit card debt that they are finding difficult to completely pay off. Even when you’re able to change your spending habits for the better, you’ll still need to pay down the credit card debt you’ve already incurred.
One technique that you might consider is to take out a new loan to pay off your credit card debt.
Here is some credit... Steps to Take to Protect Online Banking and Credit Card Passwords
Modern-day banking is far more convenient than it was just a decade or two ago. We can manage our accounts, pay our bills and get account information without ever having to leave our computers. Most banks have also released outstanding mobile applications so that we are no longer tied to our computers to access our online banking and credit card accounts.
But this convenience is based on having secure passwords to access our accounts. When we login, this password is the only thing that the bank uses to verify who we are. It’s therefore absolutely essential to our financial security...
Monday, September 24th, 2012
Modern-day banking is far more convenient than it was just a decade or two ago. We can manage our accounts, pay our bills and get account information without ever having to leave our computers. Most banks have also released outstanding mobile applications so that we are no longer tied to our computers to access our online banking and credit card accounts.
But this convenience is based on having secure passwords to access our accounts. When we login, this password is the only thing that the bank uses to verify who we are. It’s therefore absolutely essential to our financial security... 6 Ways to Guard Against Credit Card Fraud
Credit card fraud continues to be a significant problem throughout the U.S. Even though financial liability is limited for any unauthorized activity on an account, dealing with the fraud can cost a significant amount of time and stress.
Furthermore, a compromised credit card account can sometimes be an indication of a larger threat to financial security – identity theft. So while there are a number of legal rules in place to protect consumers, it’s essential that one takes charge and does everything possible to guard against credit card fraud.
Here is some credit card advice on six relatively pain-free ways to...
Thursday, September 20th, 2012
Credit card fraud continues to be a significant problem throughout the U.S. Even though financial liability is limited for any unauthorized activity on an account, dealing with the fraud can cost a significant amount of time and stress.
Furthermore, a compromised credit card account can sometimes be an indication of a larger threat to financial security – identity theft. So while there are a number of legal rules in place to protect consumers, it’s essential that one takes charge and does everything possible to guard against credit card fraud.
Here is some credit card advice on six relatively pain-free ways to... Credit Card Advice on How to Read A Credit Report
Your credit report and credit score are of the highest importance in maintaining healthy personal finances. Nearly all decisions on whether or not to extend credit to a prospective borrower are made with detailed calculations based on information contained in your credit report. Furthermore, many employers and landlords will use an applicant’s credit report to decide their suitability for a job or apartment.
Much of the information behind your credit score is available to you any time you want. In fact, federal law requires that the major credit reporting bureaus provide you with a free copy of your credit will...
Monday, September 10th, 2012
Your credit report and credit score are of the highest importance in maintaining healthy personal finances. Nearly all decisions on whether or not to extend credit to a prospective borrower are made with detailed calculations based on information contained in your credit report. Furthermore, many employers and landlords will use an applicant’s credit report to decide their suitability for a job or apartment.
Much of the information behind your credit score is available to you any time you want. In fact, federal law requires that the major credit reporting bureaus provide you with a free copy of your credit will... Credit Card Advice For College Students
Just before the recent financial crisis, it was incredibly easy for college students to open multiple credit card accounts while still in school, before they ever received their first paychecks. This “free for all” often led to significant financial problems for many students once they graduated – just at the time when they were the most financially vulnerable.
But the Credit CARD Act of 2009 made it much more difficult for credit card companies to let students open new charge accounts. In general, a student must now either demonstrate an independent source of income or get a cosigner on the...
Wednesday, August 29th, 2012
Just before the recent financial crisis, it was incredibly easy for college students to open multiple credit card accounts while still in school, before they ever received their first paychecks. This “free for all” often led to significant financial problems for many students once they graduated – just at the time when they were the most financially vulnerable.
But the Credit CARD Act of 2009 made it much more difficult for credit card companies to let students open new charge accounts. In general, a student must now either demonstrate an independent source of income or get a cosigner on the... Debt Management vs. Debt Consolidation – What’s the Difference?
If you find yourself in a difficult financial situation, and you’ve unsuccessfully tried to work through the issues completely on your own, then you may start looking for help. Two possibilities you’re likely to hear our debt management and debt consolidation.
If you’ve never heard of either one of these before, or if you’re not exactly sure what they mean, the differences between the two services can sometimes be a bit confusing. However, the two services are different enough that it’s important to know which one might be more appropriate for you, and under what circumstances.
Here’s a brief...
Thursday, August 9th, 2012
If you find yourself in a difficult financial situation, and you’ve unsuccessfully tried to work through the issues completely on your own, then you may start looking for help. Two possibilities you’re likely to hear our debt management and debt consolidation.
If you’ve never heard of either one of these before, or if you’re not exactly sure what they mean, the differences between the two services can sometimes be a bit confusing. However, the two services are different enough that it’s important to know which one might be more appropriate for you, and under what circumstances.
Here’s a brief... Is Credit Card Consolidation a Good Idea?
Tuesday, August 7th, 2012
You probably receive offers in your mailbox each month to open a new credit card account and consolidate all of your existing card balances. Sometimes the offers are quite tempting. You’ll likely be offered a very low (or even zero percent) interest rate for six months or a year for any balances that you transfer to the new account.
But there are other considerations involved. Opening up a new credit card account, and potentially canceling other accounts that you may have had for many years, is a significant decision.
Here is some credit card advice and tips for deciding whether credit...
Should You Pay Off Credit Cards With a Balance Transfer?
Friday, August 3rd, 2012
The balance transfer deal is a common promotional tool used by credit card companies to acquire new customers. This type of promotion usually allows a new customer to open an account, transfer balances from one or more of their existing credit cards onto the new account – usually up to a certain dollar amount – and pay very low or no fees on that transferred balance for a fixed period of time.
The opportunity to pay off high interest credit card debt at a lower rate can be tempting, but it isn’t necessarily something you should do.
Here is some credit...
Loading ...
