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5 Killer Steps to avoid Credit Card SCAMS!!!!!
In August, 2004, the Federal Trade Commission issued their findings of a recent study, which showed that nearly 25 million adults were victims of fraud.
Now, most importantly, If you are a victim of fraud, please do not feel like you did...
Building Credit to a Better Future
Building credit is building a better future. Nowadays it takes good credit scores to purchase a home, buy a car, and get a credit card and so on. If your credit is bad usually more bad follows.
It takes you to find a solution to repair your...
Credit Repair Resources
If you are having problems with credit you might want to surf
the market for resources that can help you find a way out of
debt. The many resources available do not include the many
spammers that tell you in three minutes we can get you out...
Get Off To A Great Start With The Right Credit Card
Looking for some great credit cards? Or want to pay off high-rated debt in affordable monthly installment? Then you have come to the right place. At http://www.startecredit.com , we offer you the best and easiest way to secure credit cards...
Trade Credit: How to determine if you should offer net-30 terms to your business customers
What is trade credit?
One of the major differences between consumer and commercial transactions is that most, if not all, consumer transactions are paid in cash or by credit card at the time of sale. Because of this, most consumer businesses...
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A Credit Card Glossary of Terms
The Credit card industry comes with a lot of jargon. You can't
be expected to recognise all the technical phrases employed and
some of them could be very important. Listed below you will find
a quick description of the most common credit card industry
related terms and phrases.
Affinity card A credit card that makes a donation to a charity
of your choice based up on how much you spend. In most cases
it's best to avoid a charity that encourages you to sign up for
such a card. Chances are such a credit card has a higher
interest rate than the standard. Don't let guilt cloud your
judgement.
APR (Annual Percentage Rate) calculated yearly this is your
overall interest rate presented as a percentage of your credit
card balance.
ATM (Automated Teller Machine) A cash machine. Utilized to
withdraw money direct from your credit card, although in general
a fee will also be charged.
Balance transfer When you transfer your debt 'balance' from one
credit card to another. The usual reason for this is to try and
keep as much debt as possible on a lower-interest card.
Credit limit Your credit limit is the maximum amount you can
spend or withdraw on your credit card. Spending beyond your
credit limit will result in your card no longer being accepted,
and you being charged an over-limit fee.
Fixed rate A fixed rate credit card is one which indicates that
you are given a fixed rate on sign up which should stay the same
for the period you have the credit card. In practice though
interest rates can be changed for almost any reason.
Grace period The grace period is the amount of time between
your
spending with the credit card and the time when you start paying
interest on that spending. The best credit cards can have a
grace period of up to two months, poorer cards may not have one
at all.
Minimum payment The minimum payment is the lowest amount you can
pay back to the credit card company each month. You always try
to pay more although this is not necessary. Paying only the
minimum amount you are not paying back the money borrowed but
only the interest. Minimum payments are usually around 2% of
your balance.
Sub-prime A phrase used in the finance industry to describe
customers who are a bad credit risk, but are considered worth
lending to as the bad credit risk allows the finance company to
charge higher fees.
Teaser rate A 'special offer' low rate. You will see many offers
with "LOW 4.9% APR" in the headline followed by "for first six
months, 21.9% thereafter" in the small print. Teaser offers can
sometimes be worth taking, but not if they tie you in for longer
than the period of the offer.
Variable rate An interest rate that is calculated by adding a
figure to the current base rate. Taking this option will allow
your credit card to be affected by changes in national interest
rates - a good idea if you think they might go down, and a bad
one if they're on the way up.
About the author:
Credit repair, Debt problems, need a Loan, Mortgage help... not
sure what to invest in? This General Finance Guide
may have the advice you've been searching for. Hundreds of
useful articles on all aspects of Finance are available to help.
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
| Credit.com offers a variety of credit related products and services including credit reports and credit scores, credit cards, car loans, home loan and ... |
| www.credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
| www.equifax.com |
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| The FTC's web site on Credit |
| Credit is much more than a piece of plastic, and the resources on this site can help you become a more savvy consumer. You’ll also find compliance ... |
| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
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| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
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| Springboard - Non-Profit Consumer Credit Management |
| Our mission is simple: To offer education on the wise use of credit. ... SPRINGBOARD has been approved to provide credit counseling services and issue ... |
| www.credit.org |
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| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
| myFICO.com: Get your Free credit report and Free credit score with a 30-day trial of Score Watch. All three FICO Scores and Credit Reports Available now ... |
| www.myfico.com |
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| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
| www.credit-suisse.com |
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| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
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| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
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| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
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| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
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| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
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| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
| www.freecreditreport.com |
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| Compare credit cards | apply for a credit card | 0% balance ... |
| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
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| Ford Credit - Auto financing for Ford, Lincoln and Mercury cars ... |
| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
| www.fordcredit.com |
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| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
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| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
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| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
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| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
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