Tag: Article

Benefits of the New Credit Card Laws Regarding Credit Card Rates and Fees

The new credit card laws under the Credit Card Accountability, Responsibility and Disclosure, or Credit (CARD) Act of 2009 brought a number of significant changes into the credit cards sector. As the name suggests the aim was to improve customer disclosures and end punitive practices imposed by credit card companies on customers. As a result…


Things You Can Access With Your Credit Card

A credit card comes with a set interest rate and credit limit depending on the type of card you choose and your creditworthiness. There is usually a range of values for the limit and rate and the details on your application will determine the values. These values remain constant for a while until your credit…


Getting a Credit Card with Bad Credit

Here’s the catch: to rebuild your credit, you require a credit card, but how can you obtain a credit card with your bad credit? Many Americans have found themselves in this fix after the recession and so you’re certainly not alone. Fortunately, there’re lenders ready to do business with you. Although issuers may not be…


Advantages of a Credit Card and Why You Should Get One

There are several reasons why you should consider getting a credit card despite all the news about people falling into credit card debt. A credit card presents you with a number of opportunities with the most obvious ones being convenience and a chance to build your credit rating. Under convenience a credit card allows you…


An In-Depth Look at Types of Credit Cards with Rewards

One of the major kinds of credit cards is the credit cards that come with a rewards program or structure. This is offered as an incentive to consumers to encourage purchases with the use of the credit cards. Given their promise of reward, they are pretty popular and they are available in most major sectors….


How to Live With a Credit Card

The excitement is palpable for new credit card holders because the prospect of not having to have cash every time you want to buy something is very alluring. This offers convenience for many people but it can sometimes spiral out of control. Why people like them Credit cards make people feel like they have some…


Interpreting Your Credit Card Statement

As soon as you open your credit card account records are kept of all your activities. Anything you purchase using the card will go on record and a statement is provided at the end of every month to show you how your balance was arrived at. A credit card statement is not straightforward for interpretation….


Mistakes to Avoid When Getting Your First Credit Card

Credit cards have been in the limelight in recent times for the wrong and right reasons. However, mostly it has been how people get easily into debts they cannot manage. All these just come to mismanagement of the credit cards and making misinformed decisions which only end up increasing the cost of the credit cards…


Protection Offered By the New Credit Card Laws to Users

Under the new credit act, there are a number of laws which are aimed at protecting the client or user of the card. All these are aimed at reducing the ease with which people fall into debt through credit cards. Much of the debts come as a result of high fees and exploitative interest rate…


3 Ways to Lower Interest Rates on Your Credit Card

Do you wish your credit card’s interest rate was a bit lower? You are not alone; many people have the same expectation. Lower interest rate simply means you can save more and focus on growing your income rather letting it all go with debt repayment. Fortunately, you can do something to lower your card’s interest…