Tag Archives: credit card companies

Are Credit Card Companies Really Charging 83.3% Interest?

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Everyone pays attention to the interest rate when shopping around for credit cards, but Finance Charge policies are rarely glanced at. Are credit card company’s are really charging you 83.3% interest? The normal credit card APR ranges from 12%-29%. When a customer receives a $1000 loan from a bank, the bank in turn has the legal right to charge interest on the rate you borrowed the loan. If, for example, the interest rate were a fixed 10%, cost of borrowing the original $1000 would be at Continue reading →

The Disadvantages Of Credit Cards

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Credit cards can really be your savior in particular on occasions that you don’t have enough cash inside your pockets to buy an item that is badly required. It can give you the possibility of shopping for a range of items, supplies, services and properties without having to pay for them at once. On the other hand the disadvantages of credit cards can go ignored in the short run, but in the long run it’ll catch up with you. Disadvantages of Obtaining A Bank Credit Continue reading →

How To Pay Off Debt With No Money

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Achieving Financial Freedom is not an easy task. Credit card debt is one of the most common types of debt and often times the hardest type of debt to pay off. While you may only owe a couple of thousand of dollars on your credit cards, if you are only paying the minimum amount due you could actually end up taking several years to pay off the credit cards and in total pay more than double the amount you actually owe. To avoid this problem, Continue reading →

Hidden Facts About Credit Card Companies

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Credit Card Companies & Credit Card Debt Credit card debt is the most common contributor of debt for most people; however, very few people know exactly what credit card companies are allowed to do and not allowed to do when it comes to their credit. Understanding what boundaries credit card companies must abide by can help you to become one step closer to better managing your debt. First, it is important to understand that contrary to popular opinion credit card companies have the absolute right Continue reading →

Credit Card Approval Criteria & Best Use of Credit Cards
Credit Cards are small plastic cards that can give you financial flexibility. There are different types of credit cards that are issued by financial companies. Examples of these are business credit cards, student credit cards, and secured credit cards, among others. But before somebody gets approved for a card, a series of background check is performed first. And all credit card companies, including those providing online credit cards, use them. Credit Card Approval Criteria Used in Issuing a Credit Card Creditworthiness. Creditworthiness corresponds to a Continue reading → […]
What Are The Different Types of Bankruptcy?
You may be asking your self what are the different types of bankruptcy out there? Considering bankruptcy as a solution to your debt problems? Before you take that step, be sure that you are aware of all the facts surrounding bankruptcy. 2 Main Types of Bankruptcy First, it is important to understand that there are actually two types of bankruptcy. These are known as Chapter 7 and Chapter 13. Below is a basic rundown of the differences between the two. Chapter 7 bankruptcy refers to Continue reading → […]
Hidden Facts About Credit Card Companies
Credit Card Companies & Credit Card Debt Credit card debt is the most common contributor of debt for most people; however, very few people know exactly what credit card companies are allowed to do and not allowed to do when it comes to their credit. Understanding what boundaries credit card companies must abide by can help you to become one step closer to better managing your debt. First, it is important to understand that contrary to popular opinion credit card companies have the absolute right Continue reading → […]
Debt Settlement – Using A Debt Settlement Company
Using a Debt Settlement Company Can Simplify Settling Your Debt Have you considered using a debt settlement company? If you have found yourself with more debt than you care for or can handle you may be considering ways in which you can consolidate and/or pay off your debt. The term debt settlement is frequently heard in connection with debt consolidation; however, before you jump in feet first it is important to fully understand what is involved in debt settlement. Basically, debt settlement is the process Continue reading → […]
Roth IRA Is Better Than Roth 401(k)
The Roth IRA has one distinct advantage over the newly-arrived Roth 401(k). With a Roth IRA, you can withdraw your initial investment fee- and tax-free at any time. Not so with the Roth 401(k). You can’t withdraw your contribution to a Roth 401(k) until you actually retire. Should you want to withdraw your contribution from your Roth IRA, simply contact the financial services company where you invest and tell them what you want to do. They’ll be able to tell you the amount you’ve contributed if you don’t remember. Continue reading → […]

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Tag Archives: credit card companies

Are Credit Card Companies Really Charging 83.3% Interest?

The Disadvantages Of Credit Cards

How To Pay Off Debt With No Money

Hidden Facts About Credit Card Companies

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