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The Importance of Your Credit Score
Credit score have been commonly used for a few years in our society and there are very few who do not really understand the term Credit Score and its purpose. This article aims to add understanding on the personal to the recognition of that term.
What is Credit Score?
A Credit Score is a number between 300 and 850 based on a statistical analysis of an individual’s credit activity. It is used to represent...
How Does Interest Rates Work?
Most people understanding of interest rate is simply a percentage of a sum of money that is charged when you borrow money or is received when you deposit money to the bank. In fact, interest rate is not a simple subject. How high or low it is matters. When you are to be paid the interest, you will want them to be high; conversely you’ll want them to be as low as possible when you have to pay the interest....
Prepaid Debit Card With Guaranteed Approval
In the previous article, we have already discussed about Prepaid Credit Card. Actually, prepaid credit card and prepaid debit card are more or less the same, but people get used to call all the plastic money as credit cards. The difference between a credit card and prepaid debit card is that with a credit card you are borrowing the money to pay back later, while with a prepaid debit card you are subtracting...
How Do Cash Back Credit Cards Work?
Cash back credit cards has been getting more popular over the years. In fact, more people still prefer a cash back credit card over other reward credit cards programs. Do you own a cash back card yourself? Or are you still thinking about applying your own cash back card? This article will discuss more closely how the cash back credit card reward works. Whether you already have a cash back card or is still planning...
Personal Finance: Basic Tips
Have you ever wondered where your money goes every month? Have you ever been in a situation where you couldn’t afford to do things because your financial obligations are holding you back? If you are wondering the similar questions, perhaps you should take a look at your financial situation and assess your personal finance practices.
There are two categories of people in practicing their personal finance:
Good...
The Best Credit Cards
Choosing the best credit cards to meet your personal credit needs is not such an easy task as it looks at the first go, it is important to understand the key points before you eventually choose the best credit card for yourself. Credit cards are the best for short-term credit borrowing, and if you choose the best credit cards wisely, you won’t be struggling with unmanageable cards payments either. This...
Prepaid Credit Card
As its name, prepaid credit cards are plastic money that functions just like credit cards in nearly all aspects, but you have to pay the spending limit upfront. It’s like a prepaid phone card you can use to buy anything at all. It is a new twist on the popularity of credit cards.
What are the benefits of a prepaid credit card?
You can’t go over your limit using it. There is no such thing as over...
Be Smart With Credit Card Payment
When dealing with credit car payment, firstly, you need to understand your monthly billing including terms that you will find in the credit card billing.
Statement date – The date that the bill was printed.
Payment due date – this is the day that the cardholder must pay any outstanding balance. Payments made after the said date will be credited, but will also be fined a lateness fee.
Total amount due...
Credit Card Pay Off Calculator
A credit card pay off calculator is a wonderful tool that you should use anytime you are planning of your credit card payment. This credit card payoff calculator helps by giving an idea as to how you could repay the balance in your credit card and thereby showing you the necessary changes you could do for targeting your repayment goal.
You can start with an entry of your current credit card balance and interest...
How to Deal With Credit Rewards
A credit card that offers a reward point scheme means that as you use the card you accumulate a certain number of points which can then be converted into a reward of your choice. It can be air miles, gift vouchers, or a purchase of some kind. But to get the most benefit out of a reward card you need to ensure that it offers good value for your money. Did you know it could take over five years and an expenditure...
