Mike Thereon

Secrets Your Credit Card Issuer is Keeping From You

There are some things that your credit card company doesn`t want you know, because if you as the consumer become aware of your power, you will be less likely to pay high fees and interest rates. Here a few things that credit card company doesn`t want you to know:

Essential facts about a student credit guide

The student credit guide enables the students to understand the true significance and hazards involved behind possessing a student credit card. There are plenty of new credit cards available for students these days. Many well known financial institutions have come up with a student credit card facility, and thus they provide some benefits over to the students through this credit card.

Identifying and preventing credit card fraud

You can`t altogether stop credit card fraud but you can take preventative measures so that it doesn`t happen to you again. At the shop level, if you ask your customers for their proof of identity, honest customers will not deny you that. However, if you`re shopping online, you would have to take a different set of measures to prevent credit card fraud.

Proper guidelines behind choosing credit card

Utility of credit cards

Credit Companies And Higher Education: A Questionable Union

If you have ever come across tons of credit card offers in your mailbox then you are absolutely aware of the fact that banks, credit unions and other lenders never relent in their efforts to get you signed up. Signing up requires giving these companies access to your personal details.

Steer Clear of Identity Theft

The number one complaint to the Federal Trade Commission is concerning identity theft. In New York City, the police recently unlocked an international credit card fraud ring of over 100 skimmers who stole over a million dollars. It`s clear that identity theft is a growing problem, and more consumers complain about it more than anything else.

Credit Cards Can Be Rewarding This Holiday Shopping Season

There`s no doubt about it - holiday shopping can be a truly stressful endeavor. Not only are there often crowds and chaos to be encountered at stores, but there is the challenge of finding gifts for everyone on your list while staying within your budget.

Easy Financial Resolutions To Keep In The New Year

The time has come to start thinking about resolutions to make for 2012. Aside from studying more, getting better grades and skipping fewer early morning lectures, college students should give some serious thought to adding a few personal finance-related resolutions to the list. Yes, this means you! Why? Because it is never too early to start preparing for your financial future! In this shaky economy, it seems like nothing can be counted on anymore. Which is why you have to look out for number 1! It`s time to pick a few realistic, manageable financial goals so that going into 2012 you will be taking your first fledgling steps towards a fabulous, financially independent future!

Do you Hide Your Credit Card Statements From Your Spouse?

We all have our secrets. But is your credit card one of them? If your married, you may find yourself hiding credit card statements to hide how much of your money or their money that you have actually spent. A new survey by MoneySupermarket.com found that 11% of married people kept their spouse away from their credit card statements.

5 Things You Should Know About Your Credit Card

You don`t know your credit cards as well as you think. Credit cards have lots of loopholes that can catch you off guard. Like should you choose a frequent flier card or a basic rewards card? What time of the year is the best time to do a balance transfer? If I die overseas will my credit card pick up the bill? See, things you don`t think about, but very valid questions, nonetheless. You don`t have to have a slew of financial mishaps to see the negative effects on your credit report, even one or two bad decisions can send your credit score plummeting.

Credit in the Doghouse? You`re Not Alone.

Since 2008, many consumers have found themselves in a bind when it comes to getting credit, and then once they get the credit, they find it hard to pay off their balances. In 2010 alone, credit card issuers had to charge off 11 percent of bank accounts. A charge off occurs when a consumer is six months or more behind on their payments, the credit card issuer then sells the information to a debt collector, and then the debt collector collects the payment. In 2011, charge offs have decreased, and are currently around six percent of bank accounts. Even still, some consumers still are having a hard time accessing credit due to prior mistakes.

0% APR Cards Making a Comeback: More Beneficial For Consumers

They couldn`t come back at a more perfect time. Zero percent APR credit card had disappeared from the market, to be replaced by 2.99% APR credit cards. These cards used to be profitable for banks when consumers didn`t pay off their debt in the allotted introductory time period. After that time period, APRs would jump to over 15%. Banks still have that opportunity to make that money if a consumer doesn`t pay off their debt in the allotted time, but more and more consumers are becoming aware of their finances due to the events proceeding to the Great Recession. This means that banks have had to make their offers more attractive in order to entice consumers. And they have done this by offering better promotions.

How Your Credit Card Can Help You Travel

You`ve probably heard that you can use your credit card to finance your car, or that you can save gas money when you use a cash-back gas credit card, but that`s not all that your credit card can do when it comes to your automobile woes. Your credit card can actually help you when you`re travelling. Here`s how:

Avoid Overspending With Credit Cards

Overspending is a real issue when it comes to using a credit card. Credit cards are hard to maneuver, because they`re resources aren`t finite. Sure, you may have a spending limit, but all of it is money that you don`t own. Overspending can occur when you put everyday purchases on a credit card. Imagine this; you go into a grocery store with the sole intent of purchasing eggs and milk. That shouldn`t cost more than $7 right? Wrong. Next thing you know you`re in the pastry aisle and disbelievingly you`ve racked up $120 in Nutri-Grain Bars and Biscottis. Maybe you don`t overspend at the grocery store, you might overspend when shopping online or when you go out on dates, whatever the case may be. We`ve all been there and done that.

You And Your Credit Card at The Pump

Before Starbuck`s there was one of these on every corner - no, it`s not a riddle, I`m talking about good old fashioned gas stations. Over the year`s we`ve gone from full-service cash-only stations to self-service DIY stations. And with progress comes distress. And many consumers are running into issues when filling up with their credit card.