Posts Tagged: credit cards

Credit Tips — No Comments
25
May 09

Top Three Myths about Student Credit

This article will explain a few of the different myths about student credit and bust those myths wide open. Whenever you talk about finance in general, there are many false statements out there. These statements can be spread from well-meaning people but these statements can cause you to follow bad advice which can hurt your finances.

The first myth about student credit is that you must open a credit card to begin building credit. This is completely a false statement. When you talk about credit and beginning a credit history, this can involve loans as well. Student loans are reported on your credit report but these often aren’t used to begin building credit since they are often deferred until after the graduation of a student. Credit history is important but to build a good credit history, monthly payments must be made towards credit accounts.
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Credit Card — No Comments
19
May 09

How to Avoid Credit Card Scams

credit-card-scams

A credit card is the ultimate gadget for convenience. With this plastic card, you don’t have to bring much money. You can actually carry this one card in your purse and be able to pay virtually everything, from restaurants to boutiques, parking fees to laundry. Truly, the credit card is a godsend. Because of the potential of these plastic cards, a lot of con artists are targeting them. Below are some of the ways to avoid credit card scams.

Keep your credit card safe.

It is never good to brandish about your credit card as if it is some crown jewel that people should envy. Keep your credit card inside your wallet or purse all the time and never take them out unless you are asked to by the cashier. That way, you can be sure that it will remain there inside the bag. You see, with the size of credit cards, they can easily slip from your hands especially if you are trying shoes or looking at clothes racks.
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Credit Card — No Comments
5
May 09

American Express: A Unique Type of Credit Card

amex-credit-card

American Express, or AMEX, is one of the most recognisable names in the financial world. What many customers who have MasterCard or Visa credit cards in their wallet are interested in, is what is the difference between these two companies and American Express. Well the difference is quite simple.

MasterCard and Visa are both simply payment methods. They allow locations to accept payment using their system. They do not however, issue any credit cards of their own. For this they rely on their partnerships with thousands of banks worldwide who will issue credit cards, provide the credit necessary, and charge clients interest and give them rewards. None of your credit card bill goes to Visa or MasterCard. It all goes to the bank that provided the card. This bank also sets your interest rate, gives you rewards, offers you zero per cent balance transfers, the works.
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Credit Tips — No Comments
2
May 09

Credit Tips

If you are like many people, you either have bad credit or had bad credit at some point in your lifetime. The sad fact is most people are not educated about credit and their rights. America is filled with misconceptions, due to spin of the facts from both sides of the aisle. In reality, consumers become the prey from both credit repair companies and credit reporting agencies like Equifax, Experian and Trans Union.

In this article, I am going to talk about some quick and simple facts that might help you maintain a better credit identity. With each passing day, credit factors more and more into our lives. Having at least decent credit is no longer something to have if you want a credit card, it can now cost you a job if your credit is poor.
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