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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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 […]



Use Your Credit Card Or Lose It

Wednesday, March 9, 2011, 2:00 PM | Leave Comment

I have posted many articles about debt and how Americans were borrowing and, in turn, spending heavily more money than they could afford to pay back. That, in itself, turned out to be one of the biggest causes of the financial crisis the U.S. has ever experienced. But more recently, Americans have slowed down the […]



Understand Credit And Debt In One Breath

Wednesday, March 9, 2011, 2:00 AM | Leave Comment

Credit is the livelihood of my minuscule financial life. By definition, someone gives you credit, it becomes your debt. Mostly, credit may consist of interest, finance charges and fees, and of course the principal amount you are borrowing. So the money you borrow or rent becomes something in many folks lives a burden because of […]



Visa Has Taken Over Russian Credit Card Business

Wednesday, November 17, 2010, 6:35 AM | 9 Comments

Visa credit card has increased its customer base in Russia seventy fold in the last decade. In 2000, Visa had nearly one million accounts. In 2010, it has increased that number to 70 million. Looks like every decade or so, another nation’s folks will go the path of heavily in debt. So far that honor […]



Use Your Gift Card Wisely And Fully

Sunday, November 7, 2010, 3:48 AM | 6 Comments

Many people receive gift cards from phone companies and other such entities. These are “general” gift cards that you can use in any establishment, may that be drug store, your local supermarket or a departmental store. There is no scam per say about these cards. But you have to use your smartness to fully and […]



MC Wants To Take Over Indian Credit Card Business

Saturday, October 23, 2010, 4:10 AM | 5 Comments

People living in developing countries don’t have the luxury of using credit cards. Credit (loan) is available though and is given to consumers and small businesses only after the banks do a thorough check up on the financial well-being of borrowers. We all know banks are in existence because they want to make profit in […]



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 […]