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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Anomalies Of Credit Cards

Friday, July 9, 2010, 12:57 AM | 2 Comments

Online dictionaries define anomaly as “Deviation or departure from the normal or common order, form, or rule.” Or “One that is peculiar, irregular, abnormal, or difficult to classify.” With the new CARD Act in place now, hopefully there will be some protection provided to the consumers. However, we as consumers have also the responsibility of […]



Carrying Balance Increases Cost Of Credit Cards

Sunday, July 4, 2010, 1:56 AM | 5 Comments

While it’s best to pay off your credit card bill every month in full by the due date, we all know it’s not always the easiest “ritual” to do in life. However, many more folks are unaware – a lot more don’t even wanna know – how much their credit cards cost in terms of […]



You Maintain Car – Time To Maintain Credit Card

Sunday, June 13, 2010, 7:21 AM | 2 Comments

We all maintain our vehicles with oil and filter change at regular intervals. In between, sometime when we must go out on a date with our vehicle, we treat it with a set of new tires, replace transmission gasket and fluid in the pan. We all know and do that. If we don’t, the car […]



Protect Yourself From Credit Cards

Friday, June 11, 2010, 2:36 AM | Leave Comment

Whether during recessionary or booming economy, most Americans will always have the habit of paying for their purchases with the convenience of a credit card. The growing number of new credit, charge and debit cards and the dizzying array of special offers from the issuers are still leaving many people confused about how to manage […]



Minimize Your Credit Card Costs

Saturday, June 5, 2010, 3:26 AM | 5 Comments

Now that the new CARD Act is in effect for some time, experts tell us that the card issuers would look for different ways to make more money for themselves. They can charge annual fees, and / or raise interest rates or they can pull out an entirely different snake from their sleeves with enough […]



Credit Card Cashback Better Than Airline Miles Or Products

Sunday, March 28, 2010, 12:12 AM | 10 Comments

Now that the new credit card law, passed by Congress last year and dubbed Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 and went into effect February 22, 2009, the consumers have started to see some limits on fees and interest rates. But these companies are not going to sit around and wait […]



Tips To Make Money Off Of Your Credit Card

Sunday, January 24, 2010, 3:21 AM | 16 Comments

Credit card companies have been blamed a lot about the consumers’ misery that they have encountered over the years. Some of it has obviously some merit to it, but in many cases, the consumers have to be blamed as well for misusing their so easily available credit. However, there are consumers who take advantage of […]



Prepaid Cards Are On The Rise – Is It Convenience?

Tuesday, October 6, 2009, 12:12 PM | Leave Comment

Go to any drug or convenience store or stores like Wal-Mart, you would find an abundance of prepaid cards. They are gift cards for retailers, phone cards and such that you can buy for a fixed amount of $5, $10, $50 or more. The convenience is that the vendors don’t check your credit and their […]



Debiting $5 Can Cost $35 Overdraw Fees

Sunday, August 16, 2009, 6:59 AM | 1 Comment

If you were the bank, you would be happy – 4th of July, bells ringing. But you are the consumer. You don’t check your account, you overdraw and the bank charges you $35 for the $5 worth of food. You are debited $40. Some folks don’t realize this. Imagine if 100,000 people did that in […]



Living Without The Plastic Cushion

Wednesday, July 1, 2009, 12:20 PM | 2 Comments

There is an article at MSNBC.com titled “Living without the plastic cushion” by Eve Tahmincioglu updated 6:45 p.m. ET, Wed., June 17, 2009. Eve tells a story about Lisa Brough who, the article says, was forced into a debt-free life by medical disaster. Her husband has Huntington’s disease, a degenerative brain disorder, and has been […]