August 4th, 2009 at 12:15am Under Best Credit Card
i want to apply for a credit card but i dont want to make a mistake, so can you guys please tell me which one would be best. thanks
By Finance Enquirer 9 comments
August 3rd, 2009 at 11:51pm Under Best Credit Card
If creditors are hounding you, it’s time that you should take credit card debt help judgment. There is nothing disgraceful or shameful about it; on the other hand, they help you to get out of your credit card debt. Today’s world live on the motto “buy today pay tomorrow”, but sometimes it may go out of hand knowingly or unknowingly. Suddenly, one day you will find that you are paying more money as debt than you are earning. That’s the time to go for help offering by credit card companies.What To Look For When You Are Taking Judgment
There are many companies that are offering credit card debt help. But which one you should take, will depend on many factors. First and foremost know how much your debt is. Then, how much can you pay per month without straining your budget too much (there should be enough money left to run your household)? If you decide to take a consolidated loan, can you give a collateral? Lastly, how is your credit score?
There are many companies that offer online debt consolidation services. They are easy to get and most of them will offer free advice and assessment of your financial situation. But do not rush into the offers they are giving; check their background first. See if they are clear about their fees and there are no hidden fees or charges. Look into their customer satisfaction reports and history. Another thing that you must check out in these companies offering credit card debt help online is, their association with registered trade association.The Different Programs That Are Being Offered
There are basically two ways of debt help: debt consolidation and debt settlement. The first one is for people who have small amount of loans under different lenders. Instead of paying each one of them, the borrower take a consolidate loan and pays one instead of paying many. It is easier to manage and the interest rate is also lower than in the former case.
The other option is for people who have borrowed way above their capacity. They are not only burdened with the debt amount, but also late fees and other sundry charges. The debt settlement companies that take the case negotiate with the creditors to lower the interest rate and also eliminate the missed fees.
So look into all the aspects before taking your debt help judgment. It is always better if you can take care of it yourself through self-control and budgeting. Only when the situation is really out of hand, then only go for credit card debt consolidation or settlement.
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August 3rd, 2009 at 07:41pm Under Best Credit Card
I’m a newbie and I want to apply for a credit card.I don’t have any prior credit history.Can I apply for discover credit card or which one will be good for me.
By Finance Enquirer 8 comments
August 3rd, 2009 at 06:49pm Under Best Credit Card
I don’t need another credit card, although I want to book a cruise and the card might give me extra benefits. I don’t know much about it.
By Finance Enquirer 3 comments
August 3rd, 2009 at 06:14pm Under Best Credit Card
I’m in way over my head, as some would say. I owe a little over 5 grand on my primary credit card and the max is $5,300. I owe about $500 on another, and $400 for a traffic citation. What should I attack first? I have a little over $2,000 available. Thanks for your help.
By Finance Enquirer 12 comments
August 3rd, 2009 at 05:53pm Under Best Credit Card
Some of us use credit cards quite often. We use them for business purposes, personal purposes, emergencies, as well as other things. But did you know that by using certain credit cards you can actually receive rewards back on your purchases!?! Who knows, you might own one of these cards already and you didn’t even realize all the cool stuff you could be doing with it! In most cases the rewards you receive come in points. When you get enough points you can spend the points on things like airline tickets, travel arrangements such as hotels and motels, gas and even receive actual cash back! This is definitely something you are going to want to look into, especially if you use your credit card pretty often because that’s the whole reason for even having the rewards credit cards!
A few years back I ended up getting a Blue from American Express mainly because it had really good stats but also because it’s a rewards card. This one incidentally allows you to earn point that can be redeemed for gift cards, travel, merchandise, and entertainment purposes. Another one I always liked was the Starwood Preferred Guest credit card which allows you to earn up to 25,000 StarPoints for X amount of nights at Starwood hotels. There are many different rewards credit cards that could definitely pique your interest, for example:
Hilton HHonors Platinum -
- Earn up to 50,000 HHonors bonus points when you get the Card
- No Annual Fee
- Receive 5 HHonors bonus points for each dollar spent at Hilton Family hotels including Doubletree, Embassy Suites Hotels, Hampton Inn and more and for eligible purchases at supermarkets, drugstores, gas stations and more
- Get 3 HHonors bonus points for each eligible dollar you spend everywhere else
- No Blackout dates
BP Visa Rewards Card -
- Double Rebates for two months
- 5% rebates on all participating BP location purchases
- 2% rebates on all eligible travel and dining purchases
- 1% rebate on all other eligible purchases
- No limit on rebates
- No annual fee
There are also other cards made just for certain airlines such as Delta, American Airlines, JetBlue, etc. These will allow you to use major manufacturers such as Visa, Discover and MasterCard but also receive rewards back from the airline company attached to the card. So, if you have a Delta card, then you could receive a certain amount of money off on your tickets or even receive free tickets! These types of cards are obviously for people that want to travel or travel a lot. After all what’s the purpose of accumulating 50,000 points for 6 free tickets if you are never going to use them!
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August 3rd, 2009 at 12:49pm Under Best Credit Card
I owe roughly $15,000 (between two cards). I was young and immature when it came to money and now I have to pay the price. I tried to get a new credit card to consolidate both balances but I was told in an application that my credit score was lowered by too many enquiries over a period of time (big bummer) so I can’t get a new card. I almost went with Capitol One, thats how desperate I was. But alas I’m still stuck with these two high interest cards. They’re college cards that I got when I was 18 (24 now). I tried to get the companies to lower the interest rate but they gave me a song and dance about the rates being on perma-set rate. So i need advice/help bad. 
By Finance Enquirer 6 comments
August 3rd, 2009 at 12:15pm Under Best Credit Card
I would like to know which is the best credit card (in NSW Australia) to use to run a small business and still be able to get free flights with either Singapore, Thai air, etc (NOT Quantus airlines) and if possible buy house hold things such as PC, TV, etc.
If you can help much appreciated Thanks
By Finance Enquirer 3 comments
August 3rd, 2009 at 11:51am Under Best Credit Card
Most people will agree that having a credit card is a great way to move towards a more responsible and independent way of life.
The truth is you need to be extremely cautious when applying for a credit card, as it is a complex web of fees, charges, and interest rates (not to mention hidden clauses and terms which are not only illegal but also financially dangerous) which can sink you deep in debt.
However, if you are convinced that you are responsible enough to use a credit card wisely, you should go in for one. But first, you will need a layman’s crash course on credit card interest rates before you secure and swipe your card at the first opportunity.
Generally speaking, different applicants may get different interest rates. But usually the means for assigning interest rates on an applicant is based on his credit history. If your credit history is good, the interest rate that you are approved for will be a fairly good one. If this is not the case, you would have to work at improving your credit score.
This may be done the hard way, by taking the brunt of the compromised interest rate which the bank will assign to you, or to choose a plan with a lower credit limit so that the interest rate follows accordingly. A prepaid credit card could also be a viable option. But this method of rebuilding credit is hard to secure and it charges even higher interest costs.
Sure enough, there are low interest credit cards or even zero percent interest plans which are available, but as expected, there is a catch: most of these low interest cards have only a short, say six-month, period during which the interest is low. Once this introductory period is past, a higher rate takes its place. For a monthly or annual fee, service alerts are offered, informing the borrower as to when his low interest period is due to expire.
However, these plans tend to be short term in their outlook. They do not have the lasting appeal of some other plans.
Some credit cards can also be used in an ATM to take out funds within the credit limit, but the interest is usually charged from the date of withdrawal, and not from the monthly billing date. This means that the issuer gets a higher payback in interest rate from the transaction than usual.
Make sure that you are clear about the terms that your credit card provider is offering. Remember that interest rates could vary across providers. Some may lure you with teaser offers of low rates for a certain period, whereas the regular rates can get as high as 40 percent.
Since there are no fixed regulations concerning interest rates and penalties on late payments, some issuers forfeit the teaser rates if the borrower does not make the payment on time, and replaces it with a penalty interest rate. Some can even be so unscrupulous as to charge interest even if the balance is fully paid on the due date.
You should keep an eye out for the card that is the most affordable. However, the low rates are not enough. One must make sure that the other terms are not difficult to deal with.
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August 3rd, 2009 at 07:41am Under Best Credit Card
Tired of calling places for rates just want it in writing. Pricing per credit card charge, rates of credit cards, debit cards, and checks. Monthly rates and rental, lease, or to buy is the better way?
By Finance Enquirer 1 comment