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Do it yourself Credit Repair
Many of us believe that it is only through an agency that we could possibly have any hope for repairing our own credit. Rest assured that this is not true. It could possibly cost you more money and time to arrange through an agency than it would to...
Do We Underestimate What We Spend On Credit Cards?
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...
Six Credit Card Secrets No Bank Wants You To Know
We all get them from time to time. You know, the sealed envelope in the mail that have a written message such as "You've Been Pre-Approved For A New Credit Card From..." If you are like me, you file them away- usually in the trashcan or shredder!...
Things to know about credit cards
A credit card is a card that allows you to borrow money for paying your purchases but bound to a certain limit. At the end off every month either you have to repay the whole amount or a minimum amount. A planned credit strategy will enable you to...
What Does Your Credit Score Tell You?
When you apply for a loan or a mortgage, the first thing the lender does is to check your credit score. Based on your credit score, the lender decides the amount of finance you are eligible for and the interest rate at which you will be charged. So...
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Different Credit Card Terms
Although everyone knows what a credit card is, recent studies
show that almost thirty per cent of credit card users asked
didn't know the meaning of several terms related to credit cards.
This small glossary aims to reduce this percentage by trying to
clarify the meanings of some of this terminology, at least the
most important words.
APR (Annual percentage rate): As with loans and mortgages, the
APR is a number that measures the annual cost of the credit.
Depending on the issuer and the type of credit card, it can be a
fixed APR or a variable APR. As the name states, a fixed APR
does not change through time, as opposed to a variable APR,
which varies according to a certain index (an economic indicator
calculated on several factors, including inflation). Credit card
issuers often show a "periodic rate", which is a reflection of
the APR but measured for each billing period.
Transaction fee: Some cards often charge a certain fee for each
transaction, that is, every time you pay using your card, a fee
is added to
the total amount charged. Annual fees: Most issuers
will charge a fixed yearly fee, called "participation fee".
Previous balance: This is the total amount of money that remains
unpaid at the end of the previous billing period. Of course,
most credit cards issuers will charge a fee over unpaid money.
Credit limit: The highest amount of money your credit card
allows you to owe.
Other costs: Some issuers may charge several different fees on
several different situations. For example, some of the creditors
will charge a fixed amount of money each period even if you do
not use the card, and some will charge you if you want to
terminate the service.
Of course, there is much more to know about credit cards; but
hopefully this small glossary will help you understand the
basics.
About the author:
Tamara Williams is a writer for credit
cards which is a site dedicated to providing consumers with
credit cards and financial help.
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| Credit Reports - Credit Cards - Car Loans - Home Loans - 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 ... |
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| The FTC's web site on Credit |
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| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
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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. |
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| Springboard - Non-Profit Consumer Credit Management |
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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! |
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| 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. |
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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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