Money Guide: Credit Cards (Page 2)
5 Ways To Make Sure You Can Get A Good Interest Rate With Bad Credit
It may not always be possible to get the best interest rate with bad credit, but you can improve your chances if you take some of the following steps we put together. Number 1 – Legal Assistance Use a specialist legal firm that can advise on credit files and what is listed on there. Quite often defaults are listed on people’s credit files without those companies following the correct procedures.... ❯❯❯
FAQs: The Truth About Cancelling Credit Cards and Business Banking
The average American that carries credit cards has eight credit cards in his or her wallet. It is natural to think about cancelling some of the cards that you do not typically use. Plus, many people are concerned about what might happen if their wallet was lost with over $60,000 of credit in it. Before you cancel your cards, it is important to know how cancelling cards can impact your credit,... ❯❯❯
10 Surprising Things That Can Hurt Your Credit Rating
Closing old credit cards Closing old, unused credit cards can shorten your credit history, which in turn harms your credit score. Should you have an old credit card that you've consistently kept in balance, do not be tempted to close it. The longer your credit history, the better. Applying for too many credit cards at once Banks will often inquire about your credit history before deciding to... ❯❯❯
Watch out for Hidden Credit Card Charges
Credit cards may seem like a great way to spend money on the things you want, however many hide charges that could lead to you spending more than you bargained for. Find out how to avoid them and be more savvy with your plastic. Cash withdrawals. The majority of credit card providers charge a fee every time you use your card to withdraw cash. Interest will also be applied to the amount... ❯❯❯
Managing Your Finances With Debit and Credit Cards
It is hard to imagine or, for the older generation, to remember life without carrying plastic cards wherever we go. Credit cards have been available for many years. Debit cards were introduced some time later, but when most current accounts still attracted interest for staying in the black. At the time, many credit card users couldn’t think of a reason for using debit cards, since they would lose... ❯❯❯
Are Prepaid Cards Expensive And Dangerous?
Prepaid cards have taken the finance world by storm. While, in the USA, some TV stars have begun issuing prepaid cards under their own name, the UK has seen a rapid rise of prepaid card use in relation to credit cards. The reason for this development isn't hard to understand: Simply put, customers with a bad credit rating are increasingly finding it impossible to get a regular credit card. Since... ❯❯❯
The Cost Of Credit Cards
Although some choose to rush into getting a credit card, they normally do so without being aware of the costs. A lot of credit cards out there come with hidden costs and charges, and you should always be aware of this before you apply. In most cases, these fees and charges won’t get noticed by the user until it is too late. Credit card holders who aren’t aware of any hidden costs could easily... ❯❯❯
How To Avoid Late Fees
Although it may be overstated, there is a lot of truth to people ruining their credit score due to missing payments and paying their credit card bills late. The fees can pile up and the interest rates can grow before you know it, and after a while you won’t even be able to pay the minimum amount of payment. If you don’t do something fast - it could be the beginning of the end. To make sure... ❯❯❯
Getting Approved Instantly Online
If you’ve surfed around on the Internet, you’ve no doubt ran across many different credit card companies, offering you cards at what they claim are the best in terms of interest rates and fees. Credit card companies operate both offline and online, and you can even apply for your card directly through their website. Even though many people understand how this process works, there are some who... ❯❯❯
Choosing Your Credit Card
As you probably already know, there are many credit cards out there. The one you choose however, should reflect your lifestyle and your ideal spending amounts. If you are looking for the best possible deal and the best company for your credit card, you’ll obviously need to look around at what you have to choose from and what works best for you. The first thing you’ll need to decide when... ❯❯❯
