Remember that “Pimp My Ride!” show on MTV with Xzibit, if I didn’t mess up with his name? My son was watching it the other day, I saw it out of the corner of my eye. And what I think of all that is that you can pimp your ride not through replacing your old wheels with 20” cast-steel wheels, painting it in loud colors with fire on the sides, and stuffing it with 12 DVD screens inside. Getting a gasoline credit card will not make your car look “hot”, but it will really save you money.
Living in America and having no car means that whether you are an immigrant recently arrived to the U.S., or you have a private … (more) April 30, 2008

Posted in Choosing Cards, Money Saving Tips, Rewards 3 Comments »

In one of my previous articles titled Transforming Extra Calories into Extra Money on Your Credit Card I apparently paid no due attention to a traditional and perhaps the most effective method of clearing your credit card debt – using a balance transfer credit card. Customers who manage their credit with balance transfer services are called rate tarts and their main object is to find a low interest credit card to move the outstanding balance on.
Irrespective of the credit score, a customer is  eligible for a balance transfer plastic, but mind a certain unfailing regularity - the lower your rating, the more expensive the deal will be for you.However, a balance transfer credit card is always a good tool for you … (more) April 22, 2008

Posted in Balance Transfer, Low Interest, Money Saving Tips 1 Comment »

Credit issuers and credit consumers are supposed to make win-win deals and live in peace and harmony. However, lenders and borrowers’ confrontation seem to never stop. And their coexistence can be called love-hate relationship.
Both fight for their rights and want to get maximum profit from deals. But in this eternal battle credit card issuers manage to gain the upper hand more often than credit card holders. But borrowers cry for justice and their appeals are not overlooked by the government.
Credit card owners are complaining that they cannot feel confident about tomorrow. They have to rely on the Divine Providence of credit card industry’s changes. So, the government has made a decision to make credit card companies give up some of … (more) April 18, 2008

Posted in Credit Card General 1 Comment »

Do you know what an interest rate or an APR is? Of course, you do. But can you enumerate all types of APR? And tell what is the best rate for you? The lowest one, you say? Absolutely agree. But let’s get more precise about interest rates types. If you ask why I need it, I know that there are low interest credit cards with favorable rates, and those for bad credit with sky-high interest, and I am after low APR plastics, I will tell you the reason. There is much more to the interest rate than just low and high APR.
The Types of Interest Rate
I’ll remind you once again that the APR (annual percentage rate) is just the same … (more) April 15, 2008

Posted in Choosing Cards, Low Interest 2 Comments »

The statement that a payday loan is your sheet anchor when you badly need cash is very questionable. Payday loans, undoubtedly, have their advantages. But there are some shortcomings to this type of loans. Personally I try to stay away from this kind of lending services. But let’s count all merits and downsides to payday loans in order to form an objective opinion on this credit product.
In fact, payday loans are cash advances. When you get stuck between your pay days without cash in your wallet, you badly need some money from an outside source. Plus if you face some unexpected expenses, you have poor credit, and credit cards are no option for you, a payday loan is what can … (more) April 11, 2008

Posted in Payday Loans 2 Comments »

You know about business credit cards, what they are designed for and who applies for them. But you have, probably, also heard about corporate credit cards. Many people suppose that business and corporate credit cards are the same things. Actually, some years ago I was no exception. I also believed that corporate credit cards is just another name for business plastics.
So what are these two notions? Different credit products or just differently-named credit cards created to meet the needs of business owners?
In fact, business and corporate credit cards are not just two different names for the same product. They can be defined as sub-types of the credit card deals designed for satisfying business people’s demands and help advancing businesses. To … (more) April 8, 2008

Posted in Business 3 Comments »