The concept of cash back is simple; get a percentage of your spending back as a credit on your statement. As opposed to mileage rewards, which can be frustrating to actually redeem, cash back rewards are a more immediate discount on your purchases. There are so many options in cash back credit cards that it can be difficult to choose…
If you have credit cards and a good credit score, you probably get numerous special offers in the mail on a regular basis from your credit card issuer. These offers may include shortened applications for pre-approved credit cards or convenience checks (credit card checks). These checks are linked to your credit card account and the credit card issuing company may…
Credit cards have the potential to be incredibly useful tools or, if misused, the types of things that can quickly lead a person to financial trouble. One of the enticements that credit card companies use to lure in new customers is offering 0% cards. While the idea of a credit card with 0% interest may sound great, it is important…
If you find yourself struggling to stay on top of an ever-growing mountain of credit card debt, you may be considering whether or not consolidation is the right course of action for you. There are a number of benefits that come from credit card debt consolidation, not the least of which is that you can often reduce the amount you…
When it comes to credit cards, there is a right way and a wrong way to use them. Unfortunately, there are plenty of people out there, especially younger individuals, who find themselves buried under a mountain of credit card debt that seems virtually impossible to dig out of. In many cases, this is because a person spent more money than…
Credit cards are just a part of life these days, with many people having more than one in their wallet or purse. Unfortunately, most people do not take the time to determine whether or not a particular card is the right match for their needs, finances, and goals. Choosing the right card just makes good financial sense. Of course, finding…
What most people don’t realize is that Visa and MasterCard are both payment technology companies. They don’t actually issue credit cards; banks do. Instead, they are the middle men that handle the electronic transfers between the banks, merchants, and consumers that occur when you use your card. So, it’s the bank issuing the card which determines the interest and fees that…
There is no magic number of credit cards that you should have, but there are several factors to consider when thinking about your credit card portfolio. Do you have issues managing your spending? If so, you may want to live life without any credit cards at all. Using cash is the only sure way to avoid debt. Your Credit Score. …
What are InBox Dollars and SwagBucks? InboxDollars and SwagBucks are both websites where you get paid for taking surveys, reading e-mails, completing offers, searching the web, playing games, and shopping on-line. I tried out both sites so that I could add a little extra money to my vacation fund. I didn’t expect to earn a lot, but I figured that it would…
The VantageScore was developed by the three credit reporting companies, Experian, Equifax, and TransUnion to compete with the FICO credit score. The credit reporting companies collect data on consumer’s credit history and that data are then used to calculate a credit score utilizing a credit scoring model. The most commonly used credit scoring model was developed by the Fair Isaac…
