Credit Advice to help Apply for Credit Cards
Have you been watching the news? Have you been keeping an eye on the financial section in the newspaper? If so, you are probably well aware that the credit card companies are currently under the watchful eye of President Barack Obama. Consumers are tired of being pushed around by their credit card companies and the [...]
If you are considering adding a co-borrower on your credit card you need to know the pros and cons of doing so. There are definite advantages of adding a co-borrower, but at the same time this is not something that you want to take lightly. If you are not careful, adding a co-borrower on your [...]
Are you thinking about getting a cash advance on your credit card? Do you feel that this is the best way to better your finances and to get cash in your hands instantly? If you are unsure of the pros and cons you will want to step back and learn more. There is nothing worse [...]
There is no denying that the credit crisis in the United States is serious. In addition to effecting millions of individuals, this situation has caused issues with businesses all over the country as well. Of course, this is not to say that the government is sitting back and hoping that things get worse. They are [...]
Improving the economy is no easy task. When a recession hits it often takes several months or even years to get back on track. For this reason there are government policies to help bring things back into balance. These are known as monetary and fiscal policy.
Fiscal policy is the ability of the government to collect [...]
Your FICO credit score determines your overall financial options. You should know your score, or at least have some ball park idea of where you rank in the system. If you know your FICO score then you will know if you can expect to receive a low interest credit card or a high credit limit [...]
When was the last time you got a hold of your credit report? How about the last time you even laid eyes on your credit report? Believe it or not, many Americans have never seen their credit report. There are no good excuses. If you have not taken the time to request this information as [...]
We all know there are many good reasons to open a credit card account. It can be for the free travel rewards air miles you will receive, for the added line of credit you may need or for the security you feel from owning a large number of credit cards.
But did you know there may [...]
In the fourth quarter of 2009 the Federal Reserve’s short term interest rates were 2.0%. Then in the month of October there were 2 separate ½ of 1% (one percentage) rate cuts.
In mid December the Federal Reserve cut interest rates to a record low of zero percent (0%) to .25 percent. These are the lowest [...]
In May 2008 the Credit Card holder’s Bill of Rights was proposed by the National Credit Union Administration, Office of Thrift Supervision, and the Federal Reserve Board. On September 23, 2008 this bill was passed in the House. Although there are still some obstacles to overcome it appears that this bill is well on its [...]