Facing massive credit card debt puts a strain on personal finances. It is natural to be overwhelmed by the feeling that you have hit a brick wall with nowhere further to go. Besides bankruptcy the system allows for some leeway and the options available vary depending on one’s financial situation and the creditor’s policies. […]
In a bid to curtail the $1.6 billion Australians pay annually in credit card surcharges, starting 1st September 2016, large retailers will no longer charge excessively on credit cards.
The new law, Competition and Consumer Amendment (Payment Surcharges) Act 2016, which was introduced yesterday for big retailers, and will take effect on all Australian retailers […]
In the financial world, your credit score can determine which credit cards and products you qualify for as well as the opportunities that are available. If you have a fair or average credit rating, your score may be anywhere from 630 to 689, falling right between poor credit and excellent credit. Though you may […]
Of all the Dow stocks, American Express (NYSE: AXP) has taken the biggest beating so far this year. It’s down 20% since January 1st and down over 40% since the all-time high in July 2014.
Management has released weak projections for the next few years, and there is the possibility of further downside risk. American Express […]
Having a great credit score can save you thousands of dollars over the course of your life, make all the difference when it comes to getting the apartment or home of your dreams, and even make you more employable. But these days, a good credit score isn’t what it used to be; since the […]
With my son preparing to go to college in a little more than a year, I have been thinking about my own journey from living at home with my parents to becoming an adult. Part of this transformation involved going from having no debt and no real financial obligations to being loaded down with […]
There I was. 18 years old. And I didn’t have a clue .
I didn’t realize that some people were actually debt-free.
I thought a car payment was just another bill. I mean, everyone has a car payment, right?
I thought credit cards were a way of life. I never noticed adults using cash. Only cards.
Enter: Dave […]
The USAA is one of the largest financial service providers around. They’ve been in business since the early 1920’s and have a reputation for excellent, ethical customer service. You may be interested in these cards (both the MasterCard and American Express versions) because you are involved in the US Armed Forces and/or because you […]
This Credit One® Platinum Visa® Cash Back Rewards Credit Card is a card that can be useful, but should be handled with extreme caution. Do I have your attention? Let’s proceed. First of all, this is a card focused on folks with miserable credit. The card is marketed as a tool to rebuild deplorable […]
A secured credit card is an excellent way for anyone to build credit and improve their credit scores. It’s a responsible step that pays off fairly quickly. The OpenSky® Secured Visa® Credit Card will be backed by funds that you deposit as security for the card. Because you lay down this money right out […]