Archive for the 'Credit Cards' Category
Is credit card arbitration fair?
Investigative reporter Gary Weiss takes a look at the procedures related to credit card arbitration — the way that consumers are forced to resolve disputes they have with issuers in his latest ‘Muckraker’ column for Forbes. The problem, writes Weiss, is that the National Arbitration Forum that …
How much should credit card companies have to reveal?
Liz Pullman Weston writes that “Some of the credit card industry’s most egregious practices are finally getting the regulatory and congressional scrutiny they so richly deserve. Consumers that month have the opportunity to weigh in on Federal Reserve reforms and on legislation that could produce…
Capital One (COF) to offer reward miles for deposits
For those consumers who have any money left after they look at the falling value of their homes and the huge credit card balances, Capital One (NYSE: COF) is prepared to offer reward points for money market deposits. Who says the froth is being squeezed out of the economy?
The Rewards Money M…
What is APR?
APR stands for Annual Percentage Rate. It is one of the most important numbers that you will find on a credit card application or statement. The reason it is important is because this number determines how much interest you will have to pay on any charges that you carry over on your credit card. It …
What are Grace Periods?
When you begin looking for the credit card that will fit you needs there are several things that you will want to look into. Included in this list are issues such as the annual percentage rate (APR), cash advance rates and fees, annual fees for using the card, and the grace period that the company o…
Iberia Bank introduces their lowest interest rate credit cards at Frankford
Iberia Bank partnered with us nowadays to market their 5 new low
interest credit cards. With a 0% intro APR and a 7.5% go-to APR, Iberia’s new
cards will be a wise choice for those with Superior credit ratings. Underwriting
criteria will be relaxed. Proof of income will not be needed wi…
Credit where credit is due — or not
Q: I have obtained a copy of my credit report. I have two outstanding bills for approximately $500 each (Con Ed and Sprint). Is it best to make a one-time payment in full to settle these accounts? (I am able to do so.) Or should I contact the collection agencies and ask to make arrangements to pay i…
Fun with Credit Cards
For those of us who know how to use them properly, credit cards can actually be quite fun and lucrative. To those who do not know how to use them properly, I would say that you should stop reading this column right about now, or at least I would advise you not to try any of this stuff at home. Wh…
Trapped In Credit Card Debt? Go For Credit Card Debt Counseling
Credit card debt counseling is imperative if you have landed yourself into a sticky financial situation. If you are wondering what credit card debt counseling is then read on to find out what the basics of debt counseling are. Most financial firms offer free debt counseling that helps you through th…
Secured loans and your options !
Are you having a hard time getting a loan for unexpected expenses? Does your car or home need repairs? Do you have bills that you need to pay? Is your credit record less than good? Have you been turned down for a personal loan? Then you might want to consider one of the many secured loans that are a…
Choosing a secured loan
A generation or so ago most people were raised with the philosophy that if you don’t have the money to pay for it, then you simply couldn’t have it. But these days, the availability of secured loans makes it eminently possible to purchase those things that you would like without having to have a lum…
What is a secured loan?
We certainly don’t live in a world that waits for us to save up our money before we can pay for something. It used to be that way, but not any more. Costs are have risen higher than income in many cases, making loans and credit a necessary part of life. If you find that you need a loan, a secure…
Bad credit loans – if you did not know bad credit could be rescued
One financial mistake and you are down in dumps. It is under no circumstances a very choicest place to be. But only when you hit the rock bottom you realize that there is no way, except the way up. “Way up” not only sounds good, it is good. In the financial sense the ‘dumps’ is bad credit…
Direct Loans 101
Direct loans are convenient, flexible and simple. A Direct loan is a loan by a lender to a customer without the use of a third party. This type of loan enables the lender to have greater discretion in the distribution of loans. Typically the lender is the U.S. Department of Education rather than…
