You may not find out how bad your credit really is until you apply for a mortgage. Then you will quickly realize that the low interest rates everybody raves about these days, the rates that are a big part of the rising prices of real estate across America, don’t apply to everyone. To be...
What is the first thing you look at when you receive a new offer for credit? For most people, the answer to this question is that they look at the maximum limit they can spend. In fact, what is more important, and should be the first thing you look at with any new offer of credit, is the...
Credit protection insurance is a good example of a consumer rip-off that affects millions of people, yet receives little attention in the financial media. Simply stated, you should NEVER buy “credit protection insurance,” or a “payment protection plan” or any other...
Pay Less to Carry a Balance With a Low Interest Card
Low interest credit cards are exactly that. They have lower Annual Percentage Rates (APRs) than most other credit cards, but usually at the expense of less features, though not all the time. There are a few select cards out there that...
Some people use the word tart as an insult; others as a bit of friendly banter. Either way, it’s not the sort of term you associate with financial matters, especially not with credit cards. A credit card tart is someone who moves from credit card to credit card, taking advantage of the...
While you are standing in line to pay for your groceries, after spending all day at work, does your mind drift off to the last vacation that you took? Was it a flight to sunny Florida, or maybe a trip to the Rocky Mountains? United Airlines would like you to be able to schedule more of these...
An investigation organized by Egg says consumers have greatly underestimated the amount that credit cards are used throughout the United Kingdom, what this means is consumers are spending a lot more than they think. The investigation revealed that when consumers thought they had spent was...
Hate opening the post? Dread receiving the bill and Bank Statements? Sounds like your finances are becoming a problem.
The ostrich solution never works when it comes to debts they just don’t go away that easily. Take a tip – there’s never a better time like the present...
When applying for student loans, its so important for prospective college students to calculate their finances as best they can to receive the appropriate funding. From tuition and books to room and board, living expenses and food, students should make sure to secure the funds they actually will...
What is a credit spread?
Investopedia says “An options strategy where a high premium option is sold and a low premium option is bought on the same underlying security.”
OK I know that is very vague, so lets see if I can do better.
It is a trading strategy in...
If you have bad credit, the first thing you will want to do is talk to a credit counselor. Many counselors understand that unforeseen problems like unemployment, medical issues, or other problems often take people by surprise. Lenders are often willing to work with you to setup a payment...
The days when the only way to get a credit card was to visit your bank in person are gone forever. Nowadays, it’s even quite old fashioned to apply for a card by mail – it’s much easier and quicker to apply online, and in many cases you’ll even get an instant decision on...