Money Saver

RECENT ARTICLE

Which Debt Should You Pay off First?

Money Saver: If you’ve racked up a lot of debt on your credit cards, you’re not alone. In fact, of the 90 million households in the United States that own at least one credit card, the average debt totals a whopping $10,691, according to CardTrak.com. Many of these households are only paying the minimum payments on their credit cards too. If that sounds like you, here’s some food for thought: If you carry the average credit card debt of $10,691 and only pay the minimum payments each month, it will take you nearly 33 years to pay off your balance completely. Clearly, the minimum payment method ...

CreditCardsGuru on January 27, 2010 0

Share |

ALL ARTICLES

Credit Cards Help You Save

Best Cards: Every little bit helps. Except when it doesn't. A number of financial institutions offer reward cards that promise to help you boost your net worth by contributing to your savings accounts, your retirement plans, your college funds or even your mortgage. Each of these cards, however, has traps for the unwary that could undo most or all of the benefits they promise. You should read the fine print of each offer, note how rewards are accrued and refrain from carrying balances; otherwise, any benefit you get from the savings-reward program will be more than wiped out by interest costs. Fu...

Card Expert on January 20, 2010 0

Share |

ALL ARTICLES

What Consumers Should Do if Their Credit Limits are Cut

Money Saver: Studies done by Consumer Action, a consumer advocacy group, are showing that almost one in five consumers have had limits on their credit cards cut. Almost 20 percent of these customers are showing they have nearly maxed out their cards as a result. Experts are predicting that limiting credit is going to “become severe” in the near future. Meredith Whitney, bank analyst for Oppenheimer and Co., stated that she predicts “card issuers will cut credit lines by $2 trillion-plus over the next 18 months.” Some triggers for limit cutting are consumer’s credit sore falling, late payment...

CreditCardsGuru on December 15, 2009 0

Share |

ALL ARTICLES

Learn How to Manage you Credit Cards

Money Saver: Consumers are suffering financially due to the recession and need to know how to manage their credit card, savings and investment accounts. In today’s society, credit cards are a staple. Their convenience and many uses make them one of the easiest ways of purchasing items. Unfortunately, they are also a very easy way to get into financial trouble if consumers are spending more than they earn. Not using or establishing credit can also be detrimental. Most consumers cannot afford big-ticket items like homes, cars and large appliances without the use of credit. Because of the importance of cred...

CreditCardsGuru on December 15, 2009 0

Share |

ALL ARTICLES

Credit Card That Fits Your Life Style

Money Saver: The modern credit card is very useful thing. Using only one card you can make every purchase in various stores and business establishment. The credit card company serves as a ‘middleman’ between the client and store. This ingenious scheme hit big banks as American express and Visa to issue their own cards. Nowadays most transactions are doing online, so credit cards are absolutely necessary. Every individual can find for himself such credit card scheme that will suit for his own lifestyle. For individuals who spend for entertainment and frequent travelers American Express and Diner’s ...

Card Expert on September 30, 2009 0

Share |

ALL ARTICLES

College Student Credit Card Debt

Best Cards: This article will be interesting for college students who owe credit card. You can be smart, responsible and educated person, but debt can get out of your control in one second. Our tips will help you to play it safe and avoid many problems. 1. Watch your balance If you want to keep an eye on your college student credit card debt, don’t forget to look at your balance each month and compare statements. When your balances keep going up, your debt is going up. Clearing up why this happens you can change spending adjustments accordingly. 2. Charge Only What You Can Afford Watching th...

Card Expert on September 29, 2009 0

Share |

ALL ARTICLES

Clear up your Credit History

Money Saver: The credit card is the greatest invention introduced to men. You can buy something and made any payments in seconds. It’s very convenient, because eliminates the hustle of reaching into your pocket to get your wallet. Credit cards give a great opportunity to owners to buy anything they want without looking aside. But at the same time credit card owners should be attentive and don’t get carried away by the thought of having what they want at the palm of their hands. Postpaid credit cards, especially with high credit limits are often overused. If you can pay your bills in due ti...

Card Expert on September 21, 2009 0

Share |

ALL ARTICLES

Credit Card Security

Money Saver: Shopping online with a credit card, shopping in a real store with your credit card or ordering something over the phone with your credit card… How do you think, what is the biggest treat to your credit card security? May be it’s a surprise for you, but shopping in a real store with a credit card is the biggest threat to your credit card security. Shopping online is a relatively safe process, despite all the controversy and publicity surrounding identity theft and internet phishing. Credit card fraudsters hack into an online store's server to get your credit card numbers and ID ...

Card Expert on September 18, 2009 0

Share |

ALL ARTICLES

Tips for Disputing a Credit Card Charge

Money Saver: Very often there are charges on you credit card that you never made or merchants did not reimburse you properly. Below is what you need to know to file a successful dispute: Try your other options first-A credit card dispute shouldn't be your first move. You should go to the merchant to try to resolve your problem. That might include a partial refund or credit for a future product. Watch your bill - Review your monthly credit card statement very carefully. Match up receipts to charges listed on your statement, if there are any discrepancies or unknown charges you should...

Money Saver: Once you've decided what you want in a card, choosing the best one is just a matter of comparing offers. You can narrow down your options by answering three questions. ...

CreditCardsAct on May 19, 2009 0

Share |

ALL ARTICLES

Balance Transfer Offers and Fees You Must Know About

Money Saver: Balance transfer offers that seem unbelievable probably are. Lenders do not make offers that they won't benefit financially in some way. In fact, they are hoping that people who accept transfer balance offers won't pay attention to the details. But that’s where potential pitfalls are – in the fine print. Balance Transfer Fees Most offers tod...

CreditCardsAct on May 19, 2009 0

Share |

ALL ARTICLES