Credit Articles

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Sunday, 25th May 2008 @ 7:29 AM

Are you finding yourself swamped by the cost of servicing credit card debt? Is it affecting your quality of life? Are you so stressed that you don't know where to begin to solve your problems? Sometimes solutions are so simple we don't consider them. The simplest answer to your problem in the short term is to transfer the balance of your current credit cards to an introductory zero or low rate credit card. The best of these cards will be credit cards with no balance transfer fees since... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Sunday, 25th May 2008 @ 7:19 AM

If you are in financial trouble, have you ever considered that credit cards with low interest rates could save your financial bacon? This isn't an advertising slogan, it happens to be true. And of course, the lowest possible interest rate is zero, nada, nothing at all. If you are like a lot of people, you are paying hundreds of dollars every month on credit card interest. You do not need to do this. Simply transfer the balance of your credit card to a single introductory low rate card. If y... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Sunday, 25th May 2008 @ 6:53 AM

Credit cards with no balance transfer fees are probably not the first option people consider when they are in a financial jam, but they should be. Why would anyone in their right mind pay hundreds of dollars of interest every month if they don't have to? Whatever the reason, most of us have done it. Perhaps the credit card dance of robbing Peter to pay Paul does cause us to lose touch with our financial reality. It certainly can keep us so busy that we don't see the solution even if it... more...

Pregnancy and Family Planning » Credit | By Tim Kwiatkowski @ Saturday, 24th May 2008 @ 4:35 PM

The simplest way to beat credit card debt is to avoid it. OK, easier said than done! But seriously, credit card debt is evil. If you cannot avoid it (like most Americans), at least keep it manageable. Following are five tips to keeping your credit card debt manageable, and with a little luck, avoid it altogether. 1. Don't impulse purchase. Said another way; don't buy things the same day you see them. Sleep on it. If still in doubt, sleep on it for a couple of days. I hav... more...

Pregnancy and Family Planning » Credit | By Kenneth McNeil @ Saturday, 24th May 2008 @ 1:04 PM

Credit cards are a useful financial tool when used wisely. But credit card debt can become a weapon against healthy finances if you let it sneak up on you. News reports left and right talk about the doomsday economic forecast and the potential impact on our own pocketbooks. The national debt is at the highest ever in history, and that means our individual debt is equally outrageous. The average adult in America owes anywhere from $10,000 to $14,000 in credit card debt. Millions of dollar... more...

Pregnancy and Family Planning » Credit | By Mike Johnson @ Friday, 23rd May 2008 @ 2:36 AM

Credit cards can sometimes be confusing things and hard to really understand all their language. A lot of people sign up for credit cards without ever really looking into what they are signing up for. There are so many different agreements that it sometimes can be easy to get lost and quickly. But before you get too lost, stop and learn a bit about it. One of the things that credit card users have concerns about it is the interest that they are paying on their cards. It may get a bit con... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Thursday, 22nd May 2008 @ 5:26 AM

Free balance transfer credit cards are one of the most under utilized resources for financial management. When we are financially stressed, paying far too much every month on debt, we are often unable to see a way out of our problem. We lurch from one bill to another and if we are not careful, fall further into debt in the process. Monthly interest charges are a killer! Introductory rate cards provide a way to stop paying this interest for a period of time. Savings of hundreds of dollars every m... more...

Pregnancy and Family Planning » Credit | By Scott Riefler @ Thursday, 22nd May 2008 @ 1:54 AM

Using credit cards to start a new business venture is not a new idea. Many successful startups were funded using the owners' credit cards. Even more unsuccessful businesses were funded the same way leaving the owner no choice but to file chapter seven. If you have a great idea but, just lacking a little cash to see it your project off the ground, using credits may be better than taking a personal loan. If your credit is good you can most likely get it a lot faster too without having... more...

Pregnancy and Family Planning » Credit | By Art Gib @ Wednesday, 21st May 2008 @ 2:33 PM

Credit cards have revolutionized the way people shop. For example, with a credit card the need for checks and cash has decreased substantially and distance purchases are easier than ever. You have to be careful which credit cards you use though because some of them are definitely more costly to use than others. Low Interest Credit Cards Interest is one of the dangers that comes from using a credit card. If you are pretty good about making all your payments on time, interest rates ma... more...

Pregnancy and Family Planning » Credit | By Stephanie Foster @ Tuesday, 20th May 2008 @ 5:55 PM

Most people know that a good credit score can help you in many ways, even if you don't want to be in debt. It gets you better rates on loans for those purchases for which most of us need a loan, such as car loans and mortgages. But a lot of people assume that you need to owe money for a time in order to get that credit score. How necessary is that? I'll start by noting that a good credit score is a necessity, unless you earn so much money that you can pay outright for eve... more...

Pregnancy and Family Planning » Credit | By Abbi Rouse @ Monday, 19th May 2008 @ 11:28 PM

Commenting on recent research suggesting that 18,000 people are refused credit daily, a spokesperson for financial advice resource Fool has said that there are limits on the amount that banks can loan in a tightened economic environment. According to David Kuo, head of personal finance at the firm, today's banks are operating in a more cautious economic environment and as a result are more reluctant to lend. unsecured credit was identified as an area of financial backing particularly... more...

Pregnancy and Family Planning » Credit | By Dave Joa @ Sunday, 18th May 2008 @ 4:38 AM

You have finally done it! You've scrimped and saved, cut out coupons and forgone the expensive coffee drinks. You've put every extra penny away, and now with your down payment in hand you are ready to march to the bank and apply for a mortgage. There's only one problem: the bank won't finance you because of your poor credit. How many times has this scenario played out in banks all across the country? It's sad to say that many potential borrowers still do not under... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Sunday, 18th May 2008 @ 4:06 AM

Credit cards for balance transfers offer special low or zero interest rates for a limited period to encourage people to move their current credit card balances to the offering company. This has been a remarkably successful strategy for credit card companies who wish to expand their customer base. They know that after the introductory period ends these customers will then pay standard interest rates and contribute to company profits. However, even though most people do stay with their new... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Saturday, 17th May 2008 @ 11:14 PM

Are you finding it hard to make ends meet because of high monthly credit card costs? Is stress mounting as you anxiously scan the papers looking for extra work so you can make payments? There is a better way. Before you commit to spending even more time away from the family and getting tired and stressed from overwork, you need to know that you can reduce your monthly credit card costs significantly simply by not paying the interest. 0 APR credit cards allow you to do just that. 0 APR cre... more...

Pregnancy and Family Planning » Credit | By Cindy Heller @ Saturday, 17th May 2008 @ 10:49 PM

Everybody wish he can cruise along and enjoy life as it is with little or no worries but everyone has his slip-ups. Sometimes we do get into a situation where we can never seem to extricate from. Especially when one is overwhelmed by financial troubles where there seems to be no solution. You can receive pressure from your home and that can be very stressful and upsetting. You can console yourself that there are solutions to everything and even if you are mired in bad credit, there are w... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Saturday, 17th May 2008 @ 10:32 PM

Zero interest credit cards are available on an introductory basis in order to win your business. Given that the high costs of credit can painfully restrict your opportunities because your money is not available for things that matter to you, surely it would pay to take advantage of these types of offers. The best balance transfer credit cards have the lowest balance transfer costs, the lowest fees and penalties, and the lowest introductory rate (zero is preferred) for the longest introdu... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Saturday, 17th May 2008 @ 5:09 PM

Credit cards with low APR (annual percentage interest rate) are used successfully by financial institutions to entice credit card holders to transfer their balances to them. The new customer benefits from more money in his pocket during the introductory period and the credit card provider ends up with a new customer who will eventually pay them full interest. Well, that's the theory and it has to be admitted most people do just that. However, it's not the end of the story. You have a c... more...

Pregnancy and Family Planning » Credit | By Gordon Goodfellow @ Saturday, 17th May 2008 @ 7:09 AM

If you need to cut your debt costs, a quick and easy way is to transfer your credit card balances to an introductory rate credit card. In other words, you can get credit cards with low interest (or better still no interest at all). Such special offers are designed to encourage people to swap credit card companies in return for a honeymoon period in which they pay little or no interest. Of course, the purpose is to gain a lot of customers who do in fact end up paying interest. You can get... more...

Pregnancy and Family Planning » Credit | By Stephanie Foster @ Saturday, 17th May 2008 @ 1:30 AM

News reports now are full of the current credit crunch. Foreclosures are way, way up, and housing prices in some areas are dropping significantly. This is having an impact on all kinds of credit. But for those of us with credit cards, this is a very good reminder of how carefully we should be using our credit. There's a right and a wrong way to go about it. If it hasn't been a priority before or even if it has, do your best to get your debts paid down. This will give you ... more...

Pregnancy and Family Planning » Credit | By Scott Taylor @ Tuesday, 13th May 2008 @ 4:01 PM

First things first, if you have more than 5 credit cards with maxed out balances and are just paying the monthly dues, you are already in critical condition. While working at a major bank, I was responsible for multiple initiatives to identify the riskiest customers. The analytics used to determine your risk level was based on multiple factors. Your total balance in relation to your limit, as pulled from your credit bureau was first, recent delinquencies with any other creditor or ev... more...