With so many different options available in the market today choosing credit card is not an easy task. Perhaps the key criterion for this can be to decide how you want to use the credit card. You will find some cards more useful for your requirements as compared to others. To give an example, people who are very confident that they can clear their dues every month, don’t require credit card with things like APR’s or any other fees but other can consider this option. People may want to transfer balance from one card to another and can benefit by choosing credit card with a low interest rate and APR. In case you find a credit card with a low … (more) December 15, 2011

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The credit card is a marvelous invention of the modern world. Packed within a small piece of plastic is great power and potential and the misuse of which can lead to some very unpleasant results.  The fact is that the credit card has caused a great number of problems to people in the past and the improper utilization of it can lead to catastrophic results.
There are of course many things to factor in to being able to use the credit card in the best way possible but another thing that people have to take in to account is that the not all the credit cards are created equal. This means that for each person there is a specific credit card … (more) November 30, 2011

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For those of us just starting out on their own (as newly recognized citizens, or young people fresh out of college), Applying for that very first credit card can be a rather excruciating experience. Indeed, credit cards for people with no credit history can be very hard to acquire, given that any financial institution requires some sort of assurance or trust that potential credit applicants have the financial means for account deposits necessary for credit transactions. Take for example some lenders who will only approve certain loan amounts based on an individual’s credit history or insurance company premiums which rely heavily on said credit history. Absurd as it may be, the lack of credit history is but unfortunate proof of … (more) September 6, 2010

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College is a very exciting phase of one’s life. There are lots of things going on — academic related activities and parties are two of the most common things college students are likely to have on their planners. However, as nothing is free in this world, these activities would also require students to spare a couple of bucks to keep moving and not be left behind. Unfortunately, not everyone would be able to catch up when it comes to cash-related matters. Good thing student credit cards are just hanging around.
Students above the age of 16 can already take advantage of this offering. A careful examination of how it works would be necessary though, as student credit cards mark the start … (more) June 4, 2009

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The idea of credit cards has been around longer than that of bills. The first forms were called credit markers. These markers indicated different amounts that were borrowed. Later on, business establishments adopted the concept and introduced prepaid charge cards to insure loyalty from their customers.
It eliminated traveling around with large sums of money and provided security for customers. The downside is that not all parts of the country had the same establishments that the owner has subscribed to. Hence, individuals at that time had to get 12 cards or more, especially those who travel a lot.
The modern credit card, designed by Frank McNammara, enables every purchase in various stores and business establishment to done using only one card. This … (more) May 28, 2009

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One of the most difficult tasks to do is to compare one product from another. Maintaining objectivity is something that is not easy to do, especially if you are a user of one of the products that you would have to compare. Comparison on the use of prepaid cards, debit cards, and gift cards is no different. But I’d rather break a leg than not be able to tell you the pros and cons of these emerging payment methods.
Nothing bad can be said about prepaid cards when it comes to the consequences of misusing them. If you haven’t loaded money into your prepaid account, then you can’t use it. The way it works is not for everyone though because as … (more) May 25, 2009

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