Used wisely, credit allows for the convenient purchase of items both big and small. Used unwisely, credit can, and has, led to home foreclosures and bankruptcy. Learn to use credit and debit cards smartly and improve your credit score.

  • Any credit repair company that promises to remove legitimate bad debts from your credit history is lying. Under the Consumer Credit Protection Act, such information remains on your credit report for about seven years.

  • The disappearance of bad credits, if any, is only temporary. For help, check out the National Foundation For Credit Counseling.

  • However, having said that, a good credit score is your passport to competitive interest rates for mortgages, cars, credit card offers, job offers, insurance premiums and more. A strong score is worth it because it saves you money.

  • Go for a card that allows you to manage everything online so you stay under control, like this one www.hsbc.com.au/1/2/personal/services/credit-card-online.


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4 Benefits of Credit Card Over Debit Card

Wednesday, February 1, 2012, 2:00 AM | 1 Comment

I personally use credit card for almost everything I buy, even for one small item like $2.99 gallon of milk at the corner store as long as the person at the counter accepts it. I have a debit card but I use it only to withdraw money from ATM at the bank where I got […]



Managing Personal Finances With Credit Cards

Friday, January 20, 2012, 2:00 AM | 1 Comment

Nowadays, using credit cards is a typical way to make purchases, especially online. It is convenient but it can ruin personal financing if used incorrectly. Many people claim that credit cards are more useful than harmful because using them is so easy. Even so, there is still a high chance that these devices can accumulate […]



Stretch Grace Period On Your Credit Cards

Saturday, December 31, 2011, 2:00 AM | Leave Comment

Credit-card issuers give you grace period to pay your bill. This period starts from the time when you buy something to when you have to pay your credit-card bill and amounts to an interest-free loan, as long as you pay off the balance in full by the due date. Here’s a way to stretch those […]



Pros And Cons Of Charging Everything To Plastic

Wednesday, December 28, 2011, 2:00 AM | Leave Comment

There are definite advantages as well as disadvantages of charging everything to your credit card. If you have developed discipline over the years to pay off your credit card bills in full before the due date every month, then you can keep using credit cards safely and soundly. Otherwise, the disadvantages take over and you […]



Tips To prevent Credit or Charge Card Fraud

Tuesday, December 27, 2011, 2:00 AM | Leave Comment

It’s not always possible to prevent credit or charge card fraud from happening. But there are a few steps you can take to make it more difficult for a scum to capture your card or card numbers and minimize the possibility. Mind you nothing in this regard is fool-proof. You can only minimize the financial […]



7 Ways To Get Most Benefits From Credit Cards

Friday, December 23, 2011, 2:30 AM | Leave Comment

Whether the credit crunch is still on or not, we must take utmost care to use credit cards for our needs and not our wishes. Some experts say the red light for consumer credit crunch is still ON. It’s hard, extremely hard for some, but you have to use your credit cards wisely and more […]



Tips To Avoid Common Credit Card Pitfalls

Monday, December 12, 2011, 2:00 AM | Leave Comment

You charge an amount of your purchase on your credit card. At the end of the month, you receive the bill. If you think you have spent a lot more than you can pay, it’s so happens that you don’t even want to look at the bill let alone pay it. However, the credit card […]



Beware of These Credit Card ‘Conveniences’

Thursday, October 6, 2011, 3:00 AM | 1 Comment

Account terms of every credit card agreement include interest rates for various services provided by the issuer advertised as a ‘convenience’ for the cardholder. If you take advantage of any of following services, you may be shocked to see how much it cost you for the convenience. Convenience/Cash Advance Checks Credit card companies send out […]



Personal Loan or Credit Card: Which is the Best Option for Short-Term Financing?

Monday, October 3, 2011, 3:00 AM | 2 Comments

Everyone inevitably runs into financial trouble once in a while. If you are currently experiencing one, you could take several options to resolve your problem. You may need money to fix a broken car, to cover an unforeseen medical cost, or to avoid defaulting in a significant loan. Consumers now have two primary options. Short-term […]



How To Use Your First Ever Credit Card

Saturday, May 7, 2011, 2:00 AM | 1 Comment

Millions of folks will be out of school and college this year. Many would get jobs right after graduating while others may have to wait longer. If you are one of the folks who do get a job, you will start paying back your debt if you borrowed money for your education. Along with repaying […]