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 →

What To look For In a Consumer Credit Counseling Service
Today there are a large number of debt management plans and consumer credit counseling service companies operating today. In fact, it may seem as though your mailbox, telephone and television are littered with them. When choosing the right company for you; however, it is important to keep several important tips in mind. Determining if You Need a Consumer Credit Counseling Service You may not even need a consumer credit counseling service. These questions will help you determine if a consumer credit counseling service is applicable Continue reading →
The Disadvantages Of Credit Cards
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 →
Why You Should Do Credit Card Arbitrage
I wasn’t going to ever write about credit card arbitrage, but a couple of fellow PF bloggers have had some experiences within the last week that I felt deserved comment. First I read Q’s post at $1 Million to My Name about how he’s finally succumbed to the lure of 0% balance transfers. Credit card arbitrage, or 0% balance transfers, are a common way some personal finance-savvy people make a little ‘free’ money. Essentially, you apply for a 0% balance transfer credit card with a large credit Continue reading →
Basic Tax Diversification
When investors talk about diversification, they’re typically referring to diversification. But there’s another kind of diversification. It’s called tax diversification and you might be practicing it without knowing it. Tax diversification is the idea that you should have investments subject to each of the various tax treatments. The idea applies not only to U.S. citizens, but those of other countries as well. There are three types of tax treatments for our purposes – tax-deferred, tax-free, and taxable. The three account types Tax-deferred. Tax-deferred accounts are Continue reading →
Examples of Investment Policies And Fund Types
Investment policies and Fund types Most of the mutual funds are being handled by the Asset management company as they collect the funds and the management fee from the investors for operations. Investors are open to invest in most of the market sectors without any constraint and can even switch assets across different types of funds while still getting benefited from the centralized record maintenance features. You can also ready more about some of the different vanguard funds. Check out some examples of investment policies 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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