Tag Archives : credit card issuers

What to Look for in Prepaid Credit Cards?

What to Look for in Prepaid Credit Cards?

A prepaid credit card is similar to that of a debit card, as the owner of card load funds to the card. There are certain advantages and disadvantages of prepaid credit card. One must also thoroughly go through the terms and conditions prior to signing up for a prepaid credit card.

0% Credit Card: Purchase vs Balance Transfer Cards

0% Credit Card: Purchase vs Balance Transfer Cards

There is a slight difference between a 0% Balance Transfer Credit Card and 0% Purchase Credit Card (Store Card). You should choose one according to your specific needs and requirements to save money on interest rate charges.

Credit Card Rates Rise In 1st Half of ’09

Credit Card Rates Rise In 1st Half of ’09

According to a consumer advocacy group, the credit card rates have been raised by nation’s banks and they have increased their profit from lending to consumers in the first half of 2009. On Monday, The Pew Safe Credit Cards Project have said that…

Costs and Fees: Hefty Cost of Going Over the Limit

Costs and Fees: Hefty Cost of Going Over the Limit

In this article I have explained that what will be the consequences if you exceed from credit card limit. What happens when I charge my credit card over the limit? If you charge your card over the limit then you will be socked with a hefty penalty fee. Commonly the over-the-limit fees charged by card [...]

Costs and Fees: FAQs About Credit Card Fees Part 4

Costs and Fees: FAQs About Credit Card Fees Part 4

If you are planning that you will pay off the balance every month, then now you should be less concerned about the interest rate and you should have more concern about the grace period before which card company start charging you interest on…

Costs and Fees: FAQs About Credit Card Fees – Part 1

Costs and Fees: FAQs About Credit Card Fees – Part 1

In this series of articles I have tried to answer some FAQs about credit card fees. Lets have a look at the questions related to credit card fees that are frequently asked by the borrowers.Question: My credit card interest rate has been raised up to 29.99% when I was late paying the bill. So my question is that what is the maximum allowable APR on credit cards? Answer: This misconception is popular among the people that…

Congress Aims to Change Credit Card Rules for people Under 21

Congress Aims to Change Credit Card Rules for people Under 21

Congress wants that it should be harder for the people under-21 to accumulate a mountain of credit card debt.

Credit card holders shall be affected by a new federal law and it will also affect people of all ages who want to have credit cards. But due to the reason that several provisions don’t take effect until February, so for many college students this could be …

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