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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Credit Card Cashback Better Than Airline Miles Or Products

Sunday, March 28, 2010, 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, 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, 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, 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, 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 […]



Anaconda Squeeze In Credit Swamp Of Consumer Misery

Friday, May 22, 2009, AM | Leave Comment

The anaconda squeeze in the credit swamp of the consumer misery has been relaxed and loosened up. Thanks U.S. Senate. For months now, the card companies have been threatening to cut rewards programs sharply to make up for revenue lost because of the new restrictions. Card companies want to make money, and big spenders help […]



Credit Limit And High Interest Will Change Under New Law

Saturday, May 9, 2009, AM | 1 Comment

The House of Representatives On Thursday, April 30 2009 passed legislation that promises strong consumer protections from credit cards issuers. The Cardholders’ Bill of Rights aims to strengthen consumer protections offered by Federal Reserve rules and possibly speed up the date they go into effect (which, for now, is July 1, 2010). The bill recently […]



Your business card is CRAP!

Monday, April 13, 2009, PM | Leave Comment

What do you think of this guy? He says it took him 25 years to design the business card and it doesn’t fit or belong in a rolodex… Watch this short video.



Tips What To Do During A Credit Crisis

Sunday, February 1, 2009, AM | Leave Comment

By now, everyone knows we are in recession. Many economists agree that the recession will get worse before we see light at the end of the tunnel. Many people get into a panic mode. They keep wondering whether to continue keep money in the bank which most people do anyway. But they tend to lose […]



Stop And Learn To Live Within Your Means

Monday, November 10, 2008, PM | Leave Comment

In my various posts, I have several times mentioned about how I and my family have lived without major debts. Well, the only debt we have is our monthly mortgage. I come from a poor family, an immigrant. I was raised in a financially conservative family. I was 23 when I came to the States. […]



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