When one turns 18 they all want to have a credit card. It is of no use to apply for credit cards as soon as one turns 18 as there are all possibilities of the request being denied. This is because the credit rating at this point is low and one needs to build up the credit rating. Continue reading “What credit card to get at 18 and not a college student?”
The credit card companies earn you profit by charging high interest rates the card holders. The interest charged is income to them but for the card holder it costs a lot causing a hole in the pocket. The competition among the credit card companies has become very intense and because of this they try and making all possible efforts to retain their clients. Doe to this the card holder has some power in his hands to decide the fees and the interest they would like to pay every month.
To have a good credit card score and also to maintain it is not a very easy thing to do and takes time also. The most advised ways to raise a credit card score are to manage the debts in a wise way and also to stay organized with your finances. Good habits with respect to the finances in the best way to increase credit scores. One can follow certain tips to raise credit card scores.
There are many credit card issuing companies which allow their card holders to transfer the credit card balances to other credit card accounts. These cards allow the card holders to transfer the amount for free and after the money is owed to a different company they also give a grace period and they also charge less than the transferred balance. Continue reading “Is it possible to transfer credit card balances to others’ credit card accounts?”
There are many credit cards available in the market and to choose the best one from the ones available becomes a tough task. The options are so many and all companies try their best to outdo the others in the market which makes the whole scenario very confusing. The confusion often leads to the people taking wrong decisions. They do not understand which is the best card for them and succumb to the marketing people’s pressure and the promises made by them. Continue reading “How do I Choose the Best Credit Card?”
A credit card is a plastic card which can be used to make payments. The card entitles the holder to pay for the purchase of goods and services with a promise that he will pay for them at a later date. The bank or the company that issues the card to the holder a line of credit from which the card holder can borrow money as per the limit and pay for the goods and services. Possessing a credit card has many advantages to the holder. Continue reading “What is credit card – pros and cons?”