I remember getting my first ever credit card in the mail. It was a pre-approved account and all I needed to do was call customer service to have it activated.  Before this, I was bent on not applying for one. However, since it already arrived, I thought why not just activate it and let it sit in my wallet for “emergency” purposes? Anyway, the annual fee was waived and the limit was relatively low. It was that tempting and that actually started this nightmare called debt.
Yes, I was excited. I was blinded by the fact that I gained a bit more purchasing power, although something I did not earn. It would have helped if I tried to understand the first … (more) October 31, 2009

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Fresh out of divorce, my friend announced how terrible she is in handling the finances and that she wants to know how to build good credit for herself. It turns out that anything about money and accounts was the ex-husband’s responsibility. When they broke up, she realized that she should have considered understanding credit and anything that has to do with it. Doing research for my friend, I found out that she is not the only one who has this dilemma. A lot of women make the mistake of having too much or not enough credit.
In one of my readings, experts note down some ways ladies can build good credit.

Do not rush it and start small. Creditors will think … (more) October 30, 2009

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Do you find yourself too tied up with paying monthly bills for your credit cards? Would you like to have a way to minimize monthly expenses in order to have some free cash? You might be surprised that other people have the same concerns and have decided to try balance transfer offers from credit card institutions. They realize that by doing so, they can avail of a lower interest rate.
There are a lot of deals available, but choosing a good and perfect balance transfer deal may entail having to study offers and reading fine lines. Some companies offer 0% introductory rates for a few months. The catch is, you will have to pay diligently and on time, otherwise your rate … (more) October 29, 2009

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A family friend put up a small company a few years ago and the business has grown since then. He was interviewed by some business students for a thesis and he gave this piece of advice: use business credit cards wisely. True, there are advantages in using these cards; these are actually great tools for business. However, like a personal credit card, the efficient use of business credit cards must be considered.
The point of availing business credit cards is to help your company build credit history. It follows that you would want to create a good history of credit rating for yourself and your company. It will also help you to finance the set-up of the company when it proves … (more) October 28, 2009

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How would you like to have everything in an instant? In today’s busy and fast-paced life, the importance of an instant item is a welcome idea to everybody. Life today demands too much from each individual, because of it, people can hardly have the time to ponder on important aspects in their lives.
Together with demands for time, is the demand for cash. This demand for cash originates from inflation rates rising and affecting prices of commodities and important necessities. This is especially true, now that we are experiencing an economic downslide all over the country. The main problem for most families, however, is that there is very little cash at hand. At times like these, an instant credit card would … (more) October 27, 2009

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Online home-based businesses are fast becoming popular nowadays in the world of trading. It is the easy to set up since all that is needed is a computer, a good internet connection, and the lifeblood of all businesses, services and products. It is also a cost-saving kind of business because it does away with many other expenses, like gas money for transportation. Being involved in an online home-based business, it is important to think of strategies to make businesses more accessible not only locally, but internationally as well.
One of the innovations that an online home-based business can have is acceptance of credit cards as form of payment. This innovation is a significant advancement in home-based businesses. It enhances the span … (more) October 26, 2009

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