Archive for the ‘Credit Cards’ Category

Here’s how you can avoid some common credit card problems: Balance transfers Transferring balances can be a great solution for tackling debt and eliminating high interest rates, but be sure to read the fine print. You may be receiving a great introductory rate, but be sure to find out how long the introductory period will […]

Credit cards often get a bad reputation, as it can be easy to get into debt with excessive use. Here are some ways you can avoid some of the most common types of credit card problems: Annual fees Are you tired of paying the annual fees that come with your credit cards? Usually, annual fees […]

  Whenever you use your credit or debit card at a retailer, you put that information at risk should there ever be a data breach. One recent example of a major data breach that made headlines was the Target data breach, when information was stolen from at least 40 million customers. What can you do […]

Have your monthly credit card payments become too much to handle? These tips can help to lower those large monthly payments: Contact your lender Sometimes, simply calling your lender and telling them that your monthly payment is too much to handle is all it takes. If you’ve had a recent financial hardship, such as a […]

With no interest rates or credit card fees to worry about, it seems that using a debit card is the ideal way to shop online, but this could actually be an unsafe practice. Disadvantages of debit card use online include: Merchant disputes If you are unsatisfied with your merchandise or something goes wrong, you will […]

Do you stick to just cash when it comes to purchases? You may want to re-think your method of spending the next time you’re shopping. The use of debit cards and credit cards can offer a great deal of benefits and perks that won’t come with using cash. Protection for your transactions When you use […]

Credit cards can offer both positives and negatives to consumers, but there are certain things that borrowers don’t always think of. The next time you’re thinking about making a credit card charge or applying for a new card, you may want to think twice about the potential consequences. 1. You’re likely to spend more, and […]

For some people, college is when they first begin using credit cards, while others prefer to wait until after graduation. If you’re in college and have been wondering when the right time is to open a credit card account for the first time, be sure to weigh the benefits and disadvantages. You may be better […]

Because your credit is run and it is affected each time you apply for any type of loan, including a credit card, you want to ensure that you don’t waste an inquiry on a rejected application. Although there’s no surefire way to guarantee your credit application will be approved, there are ways to improve the […]

If you have poor credit that you are trying to rebuild, one of the easiest ways to help rebuild it is to have someone add you as an authorized user to their credit card. If you have a close friend, family member, or spouse with terrific credit who is willing to do this for you, […]