Posted by Batool Shamim on March 10, 2011 ·
Guaranteed Credit cards are offered to those with a very poor credit rating. The reason for this is that their credit score does not make them eligible to qualify for any type of loan. Therefore such a card would help them to make their daily transactions with ease. The credit card company would either ask for collateral or charge a higher interest rate to make themselves safe.
Posted by R. Mak on August 18, 2009 ·
I can describe Credit card statements as the ultimate math-class word problem. If there is one thing wrong and the bad mark will stay with you for a long time on your credit report.
For making it even more challenging, nearly every credit card posses a slightly different set of requirements and there is a little difference in your statement. So below I have explained all the different parts of card statements…
Posted by R. Mak on August 9, 2009 ·
Here you can check out four of the most common methods that are used to calculate finance charges. But I must warn you that the method alone only tells you a part of the story. To make sure that you are getting the best deal on a card, you should ask the company that how the company calculates the charges and whether they calculate interest…
Posted by R. Mak on August 1, 2009 ·
When it comes to choosing and using a credit card, then one of the key decisions that you’ll make is that whether you will pay your bill in total every month or just pay off part of it…
Posted by R. Mak on July 8, 2009 ·
All the Credit Card Companies don’t follow one-size-fits-all program for calculating your APR. According to law, it is the responsibility of the Credit Card Company to send you a written statement regarding how much you are charged in interest, and also the method which they’re using to calculate the interest.
