New rules for credit card companies

February 22, 2010 by admin · Leave a Comment
Filed under: Credit Cards 
After months of talk, new rules are now in effect for credit card companies.  They’re supposed to end some of the most deceptive tactics and outlaw unfair fees and huge interest rate hikes.  Credit card companies will no longer be allowed to increase rates on existing balances unless you’re 60 days overdue.
They must give you 45 days notice if they’re going to institute an annual fee or raise your interest rate.     Also, if you’re under 21, getting a credit card will get much tougher.  Despite these new rules the credit card companies are finding new ways to make money.  Some of you may see new annual fees, inactivity fees and increased late fees.

Paying Off Credit Card Debt

February 27, 2008 by admin · Leave a Comment
Filed under: Credit Card Debt 

Being buried in credit card debts is a no laughing matter and it can add wrinkles to your face faster than you think it can. It can give you stress and you can never have total peace of mind thinking that you have debts to pay.

When you can finally pay every cent of your debts, you can breathe in relief as you feel the burden being lifted from your shoulders. However, there is more to paying your bills than you imagine. It is not that simple. Paying everything off is not like brushing off dirt from your arm that once the dirt is off, it will leave no signs and you will never know dirt has been there before. Read more

Instant Approval Credit Cards

February 25, 2008 by admin · Leave a Comment
Filed under: Credit, Credit Card Applications, Credit Cards 

If you don’t have the time to wait for credit card approval then an instant approval credit card might be the route to take. A lot of people don’t have the time or patience for the dated method of applying for a credit card. Traditionally you have to fill out an application, mail it in, and wait for a letter advising you if you have been approved for a line of credit.What happens when you don’t have the luxury of time to get approved for a credit card? This is where an instant approval card comes in handy. Read more

7 Tips to Avoid Credit Card Fees

February 19, 2008 by admin · Leave a Comment
Filed under: Credit, Credit Cards 

Things are always changing in the credit card industry. One of the latest and most widespread trends in the business is the increase of fees and the addition of newly created fees. And let’s face it, credit cards are in the business to make profit – just like any business. They’ve found that people want lower interest rates and more rewards with their credit cards and one of the ways they can deliver those advantages to their customers is by making up the profit in other areas, such as fees. Read more

Credit Card Management For Beginners

February 18, 2008 by admin · Leave a Comment
Filed under: Credit Cards 

A credit card lets you use credit for almost anything at any time, and whilst this is very convenient it can also be very destructive if you are not financially disciplined. Even the strongest willed of us may be prone to an occasional impulse buy and it’s frighteningly easy to forget that every dollar you spend now has to be repaid at some later date, on top of all the interest and fees you have accrued. The following are some basic guidelines on how to stay on top of your plastic friend: Read more

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