Archive : Debit Cards

Reloadable Debit Card

Reloadable Debit Card

In an environment of branch less banking, Prepaid card offers to conduct financial transactions without visiting any bank premises. Reloadable debit card is to attract people who don’t want to use credit card but are inspired by the advantages of plastic money. This is a convenient alternative to the hot cash.

Tips for using debit card for Christmas shopping

Tips for using debit card for Christmas shopping

If you won’t keep an eye on your balance then you may incur overdraft charges. New laws that has restricted over-limit fees on credit cards don’t apply to overdraft fees on debit cards. As overdraft fees is up to $35 per overdraft, so with such a higher fees you can find yourself in a very big hole very fast. So you should look for banks that automatically enroll you in…

Get out of debt: Credit Cards Indicate Recession is at Peak

Get out of debt: Credit Cards Indicate Recession is at Peak

Nowadays credit cards are being used more than ever. In spite of a 41% rise in credit card debt since 2000, today credit card use has increased while the retail sales have decreased. While few people pay with cash or debit cards, this could indicate that credit cards are being used for basic living expenses and other debts, as compared to…

The Dangers of Co-Signing for a Kid’s Credit Card

The Dangers of Co-Signing for a Kid’s Credit Card

Those people that are under the age of 21 will now required to provide proof of income in order to get a credit card or they have a parent or someone else who is over…

Bad Credit? Don’t Get Taken for a Ride

Bad Credit? Don’t Get Taken for a Ride

Bad credit can make a person to duffer from depression. It doesn’t let you to get good rates on loans or, particularly in this economy, any loans at all. If you’ve ever experienced a denial for credit, you know how lousy it feels to be discriminated due to the past mistakes.

Debit Cards Quickly Becoming the Plastic of Choice for Americans

Debit Cards Quickly Becoming the Plastic of Choice for Americans

It has been reported by Visa Inc that consumers are spending more money on debit cards than with credit cards now. It was reported by Visa that in 2008, consumers spent $206 billion on Visa debit cards. This figure is slightly higher than the $203 billion which has been spent using Visa credit cards by the consumers during the same year.

What Costs More, a Credit Card Late Fee or a Cash Advance?

What Costs More, a Credit Card Late Fee or a Cash Advance?

There has been a debate going on for quite some time whether it’s better to pay your credit card bill late and bear the extra charges, or to take a cash advance loan and pay your bills in time. For months there have been talks at Congress about capping the fees for short term cash advance loans. On the other hand, most states have also put laws into place to cap the fee that is charged for the service of providing a short-term loan.

Why to Use a Prepaid Debit Card Instead of a Credit Card?

Why to Use a Prepaid Debit Card Instead of a Credit Card?

Prepaid debit cards are now issued by most credit card companies, such as Visa, American Express and MasterCard.This card works almost similar to a prepaid phone card.

Credit, ATM and Debit Cards: what to do if they are stolen or lost

Credit, ATM and Debit Cards: what to do if they are stolen or lost

ATM, Credit and debit cards provide a convenient and easy way to use money without the hassle of carrying a great amount of cash in hand. In case the cards are stolen or lost, The Fair Credit Billing Act (FCBA) and the Electronic Fund Transfer Act (EFTA) provide the procedures to act upon.

© 2012 Loan Mortgage Credit!. All rights reserved.